Listing ID : 19472268
-
Beds
5 -
Lot Size
4000 Acre -
Year
1915
Description
We are proud to present this value add opportunity in Koreatown. The two unit building sits on a 6,641 square foot LAR4 zoned lot. It's located on a hard corner on Fedora Avenue just west of Western Avenue and north of Olympic Blvd. A new Buyer has the ability to build up 17 units by right and up to 23 with the density bonus. If you maximize the site's potential, you can build for as low as $65,565 per unit. A new Buyer may be able to obtain favorable financing options. One unit delivered vacant at close
Details
Type:
Multi-Family/Income Sale
County: Los Angeles
Tax ID: 5094023011
Days on Market: 1,323
Number of Units: 2
Property Type: Residential Income
Sub Type: Multi Family
Zoning: LAR4
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936 Fedora St., Los Angeles, CA 90006
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Area Information 90006
Population:
60,821 Up .02% since 2010
Average Income:
$47,710
Average Age:
34Years
Gender:
51.22%Male
48.78%Female
48.78%Female
Households:
19,39934.18% with children
Average Value:
$906,222
Occupancy:
8.04%Owned
91.96%Rented
8.02%Vacant
91.96%Rented
8.02%Vacant
Education:
25.52%High School
3.44%Associate
12.82%Bachelor
2.94%Graduate
3.44%Associate
12.82%Bachelor
2.94%Graduate
Average Residency:
19Years
Crime Rate:
Above Average
Annual Rainfall:
14.85Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average
Tax Assessments
Value
- Land $1,045,500
- Improvements $351,900
- Total $1,397,400
Property Tax
- 2022 $16,759
History
| Date | Transaction | Price | Mortgage Amt & Lender |
|
Date
Jan 05, 2023
|
Transaction
Sold - Residential Income23-229843
|
Price
$2,750,000
|
Mortgage Amt & Lender
-
-
|
|
Date
Apr 23, 2021
|
Transaction
Sold - Residential Income20-666946
|
Price
$1,370,000
|
Mortgage Amt & Lender
-
-
|
