Jordan Petito, Listing Office: Keller Williams Beverly Hills
#25483001·
Listing Office: Keller Williams Larchmont·
Listing Agent: Vinnie Park·
Listing Office Phone: 323-762-2600
1242 Fedora St Los Angeles, CA 90006
$1,225,000 List price
0.1 acres
Land
Property details
About 1242 Fedora St
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.
Highlights
Home typeOther
StatusActive
Lot size0.1356 Acres
MLS #25483001
ViewCity Lights
Summary
- MLS Number: 25483001
- MLS Name: CRMLS
- Office Name: Keller Williams Larchmont
- Office Phone: (323) 762-2600
- Listing Agent: Vinnie Park
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 3:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,225,000
1242 Fedora St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 19, 2021 | Home Sold | $750,000 |
| Jan 11, 1990 | Home Sold | $180,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $780,300 | $9,716 |
| 2023 | $765,000 | $9,534 |
| 2022 | $750,000 | $9,099 |
| 2021 | $302,120 | $3,895 |
| 2020 | $299,024 | $3,785 |
| 2019 | $293,162 | $3,657 |
| 2018 | $287,415 | $3,582 |
| 2017 | $281,780 | $3,582 |
History based on county public records data.
Nearby schools
4
Los Angeles Elementary
Public District KG-5
0.5 mi
•1211 S Hobart Blvd
4
Hobart Boulevard Elementary School
Public District KG-5
0.6 mi
•980 S Hobart Blvd
4
Magnolia Avenue Elementary School
Public District PK-5
0.6 mi
•1626 Orchard Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,616. Typical income of Los Angeles, CA residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
48%
<35k
42%
35k-100k
7%
100k-200k
3%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
39%
Single, No Kids
20%
Single, with Kids
22%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Little Caesars
Popeyes
What do the neighbors drive?
Honda
Dodge
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1242 Fedora St
This home is located at 1242 Fedora St in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 15, 2025 and is currently priced at $1,225,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. Between November and December 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 5.3%. In December 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,026,634.
From Rocket Homes Real Estate and based on county public records data.