8 months on rocket

1138 Fedora St, Los Angeles, CA, 90006

$1,459,000

Home List Price

$10,000*

Closing Credit

10 Bedrooms
6 Baths
4,106 SqFt
$355/SqFt
House

Location

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1138 Fedora St, Los Angeles$1,459,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1963
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24368315
Lot Size0.14 Acres
StatusActive

About 1138 Fedora St

Welcome to an outstanding investment opportunity! This well-maintained 5-unit property is situated in vibrant Koreatown. With desirable R3 zoning and located within an Opportunity Zone, this investment holds great potential. Tenants have consistently paid 100% rent, even during the pandemic, ensuring stability. Plus, with current below-market-rate rents, there's significant room for growth. Perfect for investors considering a 1031 exchange, this property offers reliable income in a thriving market. Additionally, there's potential for an ADU to be built on the property. Don't miss your chance to secure a lucrative addition to your portfolio.

Property Details

Property Features

Property Information:

  • Year Built: 1963
  • Stories: 0
  • Living Area: 4,106 SqFt

Listing Office:

  • Office Name: Masters Realty & Investment
  • Office Phone: (213) 385-6500

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 10

Exterior Features

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Fedora St/ 12th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,459,000
  • Price Per SqFt: $355/SqFt

Tax Information:

  • Annual Amount: $10,292
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1138 Fedora St vs Los Angeles

252 DAYS ON ROCKET

+214 Days

$1,459,000

+$435.5K More

$355/SqFt

-$286 Less

KEY TAKEAWAY

This property is $435.5K more than the Median Sold Price and $286/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24368315

Listing Office:

  • Office Name: Masters Realty & Investment
  • Office Phone: (213) 385-6500

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 24, 2012Home Sold
$685,000
Nov 04, 2005Home Sold
$644,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,292$794,870
2020$10,004$786,720
2019$9,863$771,295
2018$9,618$756,172
2017$9,618$741,346

History based on county public records data.

Payment Calculator

$7,349

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,441

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-670597
4
/10

  • Los Angeles Elementary

  • 1211 S Hobart Blvd

  • 0.46 miles

  • Public District Grades KG-5

school-card-donut-670598
4
/10

  • Hobart Boulevard Elementary School

  • 980 S Hobart Blvd

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-670599
3
/10

  • RFK Community Schools - Ambassador School of Global Education

  • 3201 W 8th St

  • 0.60 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,616. Most Los Angeles, CA residents have annual incomes less than $35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1138 Fedora St

What is the listing price of this property?

The listing price of 1138 Fedora St property is $1,459,000.

What type of property is this?

The property 1138 Fedora St is a house located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1138 Fedora St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,292 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 24, 2012 for $685,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1138 Fedora St has 10 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 1138 Fedora St is 4,106 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1138 Fedora St is 1963.

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1138 Fedora St

This home is located at 1138 Fedora St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 4,106 square foot home, which was built in 1963, sits on a 0.14 acre lot. Features: 10 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $1,459,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. While the average time on the market in October 2024 was 38 days, the median list price was $1,023,474.

From Rocket Homes Real Estate and based on county public records data.

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