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    909 Fedora St

    Los Angeles, CA 90006
    • $1,625,000
    • STATUS: Active
    • ON SITE: 460 days
    • ID#: 19-472284
    UPDATED: 77 min ago
    $1,625,000
    • 8
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,786
      SQFT
    • $429
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to present this value add opportunity in Korea town. The duplex sits on a 6,400 square foot LAR4 zoned lot located west of Vermont Avenue and south of James M Wood Blvd. The single family residence will be delivered vacant. A new Buyer may be able to obtain favorable financing options. The site is entitled for 23 units, 3 being dedicated to affordable housing. That breaks down to $71,739 per build-able unit and $257 per square foot on land.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T09:42:22.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/96068101
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    909 Fedora St Los Angeles, CA 90006

    • Price: $1,625,000
    • Status: Active
    • Updated: 77 min ago
    • ID#: 19-472284
    8
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,786
    SQFT
    $429
    $/SQFT
    1907
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    We are proud to present this value add opportunity in Korea town. The duplex sits on a 6,400 square foot LAR4 zoned lot located west of Vermont Avenue and south of James M Wood Blvd. The single family residence will be delivered vacant. A new Buyer may be able to obtain favorable financing options. The site is entitled for 23 units, 3 being dedicated to affordable housing. That breaks down to $71,739 per build-able unit and $257 per square foot on land.
    Exterior Features

    Lot Size Area 6400 Other Structures None Parking Garage Assigned Total Parking 2

    Interior Features

    Baths Total 4.00 Cooling Wall Unit(S) Equipment Washer Heating Central

    Property Features

    Gross Income 0 Gross Operating Income 74124 Like Units1 1 Like Units2 1 Net Operating Income 0.00 Number Of Buildings 2 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Assessor Total Annual Expense 0 Type Of Units Apartment Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-22T09:42:22.337. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355