1242 Fedora Street, Los Angeles, CA 90006
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1242 Fedora Street,Los Angeles, CA 90006
$1,150,000
- 0.14 Acres
- Lots / Land
- Active
Listed by:vinnie park
Office:keller williams larchmont
MLS#:CL25532547
Source:CA_BRIDGEMLS
Price summary
- Price:$1,150,000
About this home
PERMIT PULLED AND FULLY PAID! RTI SB8 CLEARED! SHOVEL READY! DELIVERED FULLY VACANT! OPPORTUNITY ZONE! MOTIVATED SELLER! 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.
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Home facts
- Listing ID #:CL25532547
- Added:154 day(s) ago
- Updated:October 11, 2025 at 02:25 PM
Rooms and interior
- Living area:5,908 sq. ft.
Structure and exterior
- Building area:5,908 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$1,150,000
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