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The well-maintained building and units at 1138 FEDORA ST ensure a rare investment opportunity, while 100% occupancy reflects the property's strong rental appeal. With five units currently leased well below market rates, there is significant value-add potential and substantial rental upside for investors looking to increase income and maximize returns. Located in one of the most desirable streets in the Olympic-Wilshire area and with a 91 Walkability Score, this building has enjoyed both low tenant turnover and high rental demand. Convenient to freeways, top-rated restaurants, shopping, public transportation, nightlife and more. Don't miss this rare opportunity to acquire a high-performing asset with long-term appreciation potential. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. The property may have video/surveillance devices.
Property Type(s):
Residential Income
| Last Updated | 4/1/2025 | Year Built | 1963 |
|---|---|---|---|
| Community | Koreatown | Garage Spaces | 6.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Built-In Range, Dishwasher, Free-Standing Range, Water Heater |
| AREA | Koreatown |
| CONSTRUCTION | Block, Brick, Stucco |
| EXTERIOR | TV Antenna |
| GARAGE | Assigned, Driveway, Yes |
| HEAT | Electric |
| HOA DUES | 0 |
| INTERIOR | Brick Walls, Ceiling Fan(s), Pantry, Unfurnished |
| LOT | 5903 sq ft |
| LOT DESCRIPTION | 2-5 Units/Acre |
| PARKING | Assigned,Driveway |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Traditional |
| TAXES | 11104 |
| UTILITIES | Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Sewer Connected,Water Available, Electric: Electricity - On Property |
| VIEW DESCRIPTION | None |
| WATER | Public |
| ZONING | R3 |
Location
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Listed with Stanfles Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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