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1262 Fedora Street
USD 6,500,000
Property ID: SB23193902
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1262 Fedora Street ,90006
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icon 14259 SqFt
icon Built in 1924
icon USD 456/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
35982
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1924
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Detailed Introduction Of This Home
1262 Fedora St is a 43-unit mixed use building located in the Pico Union neighborhood. This massive 35,982 sqft building is offered at only $151k/unit and $181/sqft. The property is currently operating at a 5.56% CAP and 10.40 GRM. There is still over 35% upside available once the property is stabilized. The property is master metered for gas and electric. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. There are (4) studio/1-bath units that are currently vacant, offering immediate upside in rental income. 1262 Fedora St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters. DETAILED RENT ROLL IN THE OM (SUPPLEMENTS)
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (36)
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1262 Fedora Street
USD 6,500,000 0 Beds
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