Description
Permit pulled and fully paid! rti sb8 cleared! shovel ready! delivered fully vacant! opportunity zone! outstanding duplex with prime value add potential located at 1242 fedora street in the highly desirable pico-union area of los angeles. this property presents a unique investment opportunity, situated on a 5,908 square foot lot with two non-conforming 3-bedroom, 2-bath units. title reflects a total of 3 bedrooms and 2 bathroomsbuyer to verify all details. perfect to build additional adu for immediate income. additionally, the property comes with an approved redevelopment plan and permits worth approximately $70,000, already paid for by the sellers, offering an immediate advantage for those looking to build to maximize potential. the proposed plan features a 4-unit property, with each unit consisting of 4 bedrooms. every unit has been carefully designed with a thoughtful and efficient layout, appealing to tenants and encouraging quick leasing decisions. located in the bustling neighborhood of koreatown, this site places you at the epicenter of everything from the vibrant energy of downtown la to the glamour of beverly hills. the rendering may not entirely represent the finalized plans.
Property Type
LandCounty
Los AngelesStyle
LandAD ID
48331511
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Property Details
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Interior Features
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1356
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 5908
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Listing Information
Listing Price Information
- Original List Price: 1,225,000
- Listing Contract Date: 2025-01-14
Lease Information
- Listing Agreement: Seller Reserved
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Taxes / Assessments
Tax Information
- Parcel Number: 5078033013
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: C17 - Mid-Wilshire
- Postal Code Plus 4: 3218
- Directions: North of Pico Blvd and East of Normandie Ave
- Zoning: LAR3
- Source Property Type: Land
- Area: C17 - Mid-Wilshire
Building and Construction
- Year Built Source: Vendor Enhanced
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BuyOwner last updated this listing 01/15/2025 @ 12:00
- MLS: 25483001
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Land, with 0 bedrooms which is for sale, it has 0 sqft, 5,908 sized lot, and 0 parking. A comparable Land, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Los Angeles , in zip code 90006, this Los Angeles County Land are nearby neighborhoods.