Skip To Content

    1242 Fedora Street

    Los Angeles (City), CA 90006
    • $850,000
    • STATUS: Active
    • ON SITE: 235 days
    • ID#: 20664922
    UPDATED: 37 min ago
    $850,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    Excellent opportunity to purchase a duplex with a development opportunity. 1242 Fedora Street is located in the highly desirable Pico-Union submarket of Los Angeles. The property features 1,420 square feet of improvements on a 5,908 square foot lot. As a development opportunity, the property is zoned R3-1 which allows for the development of 7 units bi-right. In addition, since the property is located within the Transit Oriented Community (Tier 2) a developer benefits from a 60% density bonus of 5 units. This brings the total number of buildable units to 12. As a duplex, the property features two 3 Bedroom + 2 Bath units. Rents total $3,513.53 per month. Please do not disturb the tenants, contact listing agents with questions.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Hart Coastal Group. Licensed in the State of California, USA.
    www.hartcoastal.com/homes/112279465
    Print Image

    1242 Fedora Street Los Angeles (City), CA 90006

    • Price: $850,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: 20664922
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    Excellent opportunity to purchase a duplex with a development opportunity. 1242 Fedora Street is located in the highly desirable Pico-Union submarket of Los Angeles. The property features 1,420 square feet of improvements on a 5,908 square foot lot. As a development opportunity, the property is zoned R3-1 which allows for the development of 7 units bi-right. In addition, since the property is located within the Transit Oriented Community (Tier 2) a developer benefits from a 60% density bonus of 5 units. This brings the total number of buildable units to 12. As a duplex, the property features two 3 Bedroom + 2 Bath units. Rents total $3,513.53 per month. Please do not disturb the tenants, contact listing agents with questions.
    Exterior Features

    View None View YN No

    Property Features

    Additional Parcels YN No Listing Agreement Seller Reserved Listing Service Full Service Possession Close Of Escrow Senior Community YN No Special Listing Conditions Standard Zoning Lar3

    Listing provided courtesy of Peter Strauss of Iconic Investments and Adam Zunder of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-07-24T00:28:37.57. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Hart Coastal Group. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364996248-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364996248-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364996248-1.jpg
    Logo
    Hart Coastal Group
    57 Via Zaragoza
    San Clemente CA, 92672