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951 Fedora St, Los Angeles, CA 90006

$12,000,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 0.41 Acres
  • Updated 3 days ago
951 Fedora St, Los Angeles, CA 90006View this property at 951 Fedora St, Los Angeles, CA 90006
951 Fedora StLos AngelesCA90006

Property Description

The Torres Team of Magna Capital Group in Beverly Hills, Ca is pleased to present 951-959 Fedora St., Los Angeles, Ca 90006. Offered at $12,000,000.00, these three adjacent parcels sit on lots zoned R4, totaling around 18,000 square feet. This is an incredible opportunity to develop a 60-Unit Building in Koreatown, one of the most densely populated cities in Los Angeles. As a thriving megacity, Koreatown boasts countless restaurants, markets, and strip malls. It has been described as a "treasure trove of food, culture, and nightlife." According to recent comps New Units have sold for over $500/sf. 951-959 Fedora is located near the Newly Constructed Aventura Hotel. Seller has served current Tenants Notice. Plans will be made available upon
request. Seller will deliver with permits.

Full Property Detailsfor 951 Fedora St

General

  • Price: $12,000,000
  • Status: Active
  • Type: Lots/Land
  • MLS ID: 18-355038
  • Updated: 6/14/2018
  • Added: 4 day(s) ago

Location

  • Area: Mid-Wilshire (C17)
  • County: Los Angeles
  • Development Name: Mid-Wilshire (C17)
  • Driving Directions: Less than one block North of Olympic Blvd.

Lot Features

  • Property View: City View
  • Lot Size (Acres): 0.41
  • Lot Size (Sq. Ft.): 17,729
  • Lot Size Source: Estimated
  • Zoning: LAR4

Financial Considerations

  • Price Per Sq. Ft.: $676.86

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control, Commission to Buyer Agent

Listed by Magna Capital Group, Inc., Josiah Torres - CA DRE: 02028360

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Schools

Schoolsserving 951 Fedora St

School District:Los Angeles Unified School District
School Name
Grades
Distance
Hobart Boulevard Elementary School
980 S Hobart Blvd, Los Angeles, CA 90006
K-5
0.4 mi
Rfk Comm Schls - Ambassador School - Global Leadership
701 S Catalina St, Los Angeles, CA 90005
6-12
0.4 mi
Berendo Middle School
1157 S Berendo St, Los Angeles, CA 90006
6-8
0.4 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History

Price & Sales Historyfor 951 Fedora St Get Price Alerts

Date
Details
Price
Change
Source
6/14/2018
Listed
$12,000,000
1543.84%
MLS
6/02/2014
Sold
$730,000
Public Record
Disclaimer: Historical sales and tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info

Community Infofor 951 Fedora St

Listed by Magna Capital Group, Inc., Josiah Torres - CA DRE: 02028360

951 Fedora St, Los Angeles, CA 90006 (MLS# 18-355038) is a Lots/Land property with a lot size of 0.41 acres. 951 Fedora St is currently listed for $12,000,000 and was received on June 14, 2018. Want to learn more about 951 Fedora St? Do you have questions about finding other Lots/Land real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.