
Deal numbers
A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.
Property details
- Bedrooms
- 12
- Building size
- 7,100 sqft
- Lot size
- 6,400 sqft
- Year built
- 1961
- Stories
- 1
- Heating
- Central
- Cooling
- None
- Status
- Active
- Days on market
- 54
- MLS #
- 239817095
About this property
932 S Fedora St presents a 12-unit multifamily investment opportunity located in the heart of Koreatown, one of Los Angeles' most densely populated and high-demand rental submarkets. The property features a well-balanced unit mix consisting of eight one-bedroom units, along with a combination of studio and bachelor units, supporting consistent tenant demand and stable occupancy.Situated on a quiet residential street with convenient access to Wilshire Blvd, Olympic Blvd, Downtown Los Angeles, and major employment centers, the property benefits from a central location with strong rental appeal.The asset offers a value-add opportunity with rental upside potential through unit turnover and repositioning to market rents. On-site parking further enhances tenant desirability in this urban location.The property may be purchased individually or together with the adjacent 926 S Fedora St, offering a combined 24-unit portfolio opportunity.Ideal for investors seeking long-term growth, income stability, and the ability to increase value in a strong Koreatown rental market.
Location
932 Fedora Street
Los Angeles, Los Angeles, CA, 90006