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

5

Building size

4,733 sqft

Lot size

5,904 sqft

Year built

1895

Stories

2

Heating

Wall Furnace

Pool

None

Status

Active

Days on market

8

MLS #

246737224

About this property

GREAT LOCATION IN KOREATOWN! Rare opportunity to own a well-maintained income-producing property with strong character and a solid cap rate in the heart of Los Angeles. This excellent 5-unit investment property features four very spacious 1-bedroom, 1-bathroom attached units (2 upstairs & 2 downstairs), plus a separate, detached 2-bedroom, 1-bathroom rear building that is perfect for an owner-user. The current seller has updated all units with beautiful tiled floors, separate gas/electric meters, a newer roof, and newer plumbing. Tenants pay for their own electricity and gas. Situated in proximity to Downtown LA, vibrant dining, shopping, and major transit. This is a straightforward standard sale opportunity to add a high-potential asset to your portfolio! PLEASE DO NOT DISTURB TENANTS.

Location

1215 Fedora Street

Los Angeles, Los Angeles, CA, 90006