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1155 Fedora St, Los Angeles, CA 90006
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1155 Fedora St Los Angeles, CA 90006

$1,700,000 Sold Price as of 05/27/2022
  • 12 Beds
  • 6 Baths
  • 5,758 Sq.Ft.
Sold
$1,700,000 Sold Price as of 05/27/2022 Refinance Your Mortgage
Map preview of 1155 Fedora St, Los Angeles, CA 90006

Property Overview: 1155 Fedora St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 5,758 living square feet and 5,899 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Reduced price. Priced to sell. Fedora Apartments is a well maintained 6-unit apartment building located in Los Angeles, California. Located on the northwest corner of Fedora and 12th Street, on a 5,899 square foot lot. The 5,758 square foot property offers one-bedroom apartments in a variety of floor plans. The property was built in 1963. Three units have been turned and there is still a tremendous amount of upside remaining. 40%+ Upside in Rents Gentrifying Location Historically Strong Occupancy South Koreatown Location Opportunity Zone Three Units Fully Renovated

Listed by Warren Berzack | BRE #01329015 | Lee & Associates
Last checked: 10 minutes ago | Last updated: May 27th, 2022 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
5,899
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
SR22015900
City
Los Angeles
County
Los Angeles
Time on Site
841 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 2
  • # of Electric Meters: 7
  • # of Gas Meters: 7
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,103
  • Total Rent: $1,103
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $805
  • Total Rent: $805
  • Pro Forma/Market Rent: $2,395
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,495
  • Total Rent: $2,495
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,022
  • Total Rent: $1,022
  • Pro Forma/Market Rent: $2,495
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,395
  • Total Rent: $2,395
  • Pro Forma/Market Rent: $2,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.39%
  • Gross Rent Multiplier: 14.13
  • Gross Scheduled Income: $122,100
  • Net Operating Income: $75,745
  • Gross Operating Income: $118,437
  • Vacancy Allowance: $3,663
Annual Expense Breakdown
  • Total Operating Expense: $42,692
  • Electric: $1,200
  • Gas/Fuel: $0
  • Licenses: $492
  • New Taxes: $21,563
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $2,400
  • Maintenance: $8,637
  • Professional Management: $0
  • Water/Sewer: $6,000
  • Other Expenses: $600
  • Other Expense Description: Misc

Property Details for 1155 Fedora St

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Front Yard, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 5078021014
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of Fedroa and 12th (Two Structures)
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1155 Fedora St

Last sold for $1,700,000 on May 27th, 2022

  • January, 2022

  • Jan 26, 2022

    Date

    Active

    CRMLS: SR22015900

    $1,825,000

    Price

  • June, 2020

  • Jun 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $546,500

    Price

  • May, 2017

  • May 15, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1155 Fedora St

Assessed Value (2020): $118,935
Year Land Value Improved Value Assessed Value
2020 $35,955 $82,980 $118,935

Home Value Compared to the Market

This property vs the competition

1155 Fedora St sold on May 27, 2022 for 44.96% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $299.58 per/sqft which puts the price per square foot 60.32% lower than the current median sale per square foot for the city of Los Angeles.

About 1155 Fedora St

Detailed summary of property

1155 Fedora St is a multi family that recently sold in Los Angeles, CA 90006. This multi family property offered 12 bedrooms, 6 bathrooms, roughly 5,758 living square feet, and sits on an approximately 5,899 square foot lot. 1155 Fedora St was first listed on ArdentRealEstateGroup.com on January 26, 2022. The homeowner sold the property for $1,700,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 44.96% higher than the current median priced home. Local homes that are currently for sale include 1229 S Harvard Blvd, 1057 S Hobart Blvd and 1678 Roosevelt Ave. While the average home in Los Angeles, CA is selling in 94 days, 1155 Fedora St has a days on market of 43 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1155 Fedora St Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1155 Fedora St

Public county record property details
Beds
12
Baths
6
Year built
1963
Sq. Ft.
5,758
Lot Size
5,899
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5078-021-014

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$602
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
38
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1155 Fedora St

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Recently Sold Homes Near 1155 Fedora St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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