1147 Fedora Street, Los Angeles, California 90006, Los Angeles, 90006 - 8 bed, 7 bath
1147 Fedora Street
Los Angeles, California 90006
Property Price
SUMMARY
Analysis of 1147 Fedora Street, Los Angeles, California 90006 is currently available with a list price of $1,500,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Despite being built in 1903, the property has undergone significant renovations 'a few years ago' across all units, including new flooring, kitchens, and bathrooms. The images confirm these updates, showcasing clean, functional, and largely contemporary interiors. The main house features hardwood floors, stainless steel kitchen appliances, and a well-maintained bathroom, though the cabinets are a more traditional style. Several back units display modern white shaker cabinets, updated countertops, and stylish tiled bathrooms. The property is move-in ready with no immediate renovation needs, aligning with the 'good' condition criteria for a recently renovated older property.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Investment Opportunity
Explicitly marketed as an 'Amazing Investment Opportunity' with a stated 5% cap rate and the flexibility to 'Live in one and rent the other units or rent all the units,' indicating strong income potential.
- Prime Koreatown Location
Strategically located in Koreatown with convenient access to major LA attractions (LA Convention Center, Crypto Arena, LA Live, USC) and major freeways (10 & 110), ensuring high rental demand and potential appreciation.
- Multiple Income-Generating Units
Despite being listed as a 'Triplex,' the property description details 5 distinct units, including a main 4 bed/3 bath unit and four additional units (two 2 bed/1 bath with balconies, two lower-level units), maximizing rental income.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3000, other record living area = 2864. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 6.
- Age of Property & Potential Systemic Issues
Built in 1903, the property's age suggests potential for older infrastructure (e.g., plumbing, electrical, roof, foundation) that may require significant future capital expenditures beyond the recent cosmetic renovations.
- Unit Count Discrepancy & Permitting Risk
The listing identifies the property as a 'Triplex' while the description states it 'features 5 units.' This inconsistency requires thorough due diligence to confirm legal permitting and zoning compliance for all units, which could pose risks or require costly regularization.
About 1147 Fedora Street
SUPER MOTIVATED SELLER!!! Amazing Investment Opportunity in Koreatown by Los Angeles nearby Olympic Boulevard and Normandie Ave. You don't want to miss this rare opportunity. Seller renovated all the units few years ago with new flooring, kitchen and bathroom. This triplex features 5 units. Conveniently nearby LA Convention Center, Cryto Arena, LA Live and minutes away from koreatown, Midwilshire, Downtown, USC and more. Easy access to major Fwy 10 & 110. Main 2 story unit has 4 bedroom, 3 bathroom, living room, kitchen island and stainless appliances. Other 4 units are located in the back. 2 units on upper level and 2 units on lower level. Upper level units features 2 bedrooms, 1 bathroom and balcony. There is a storage area for tenants and laundry room for fast rental. 5% cap. Live in one and rent the other units or rent all the units. Great income!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1903
- Lot Size
- 5,903 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 7 (7 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Mariposa-Nabi Primary Center
Grades K-2 • 0.2 mi
Los Angeles Elementary School
Grades K-5 • 0.4 mi
Hobart Boulevard Elementary School
Grades K-5 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | - | 83% |
| Baths | 7.0 | - | 83% |
| Square foot | 3,000 | 2,520.5 | 50% |
| Lot Size | 5,903 | 5,904 | 50% |
| Price | $1.50M | $857.5K | 67% |
| Price per sq ft | $500 | $464 | 50% |
| Built year | 1903 | 1911 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 182 | 17% |
Pricing History
Listed for Sale
Jan 31, 2026
$1,500,000
Initial Listing
Sold
May 11, 2018
$1,310,000
Public Record