1100 FEDORA Street Los Angeles, CA 90006

$2,299,999
1100 FEDORA Street, Los Angeles, CA 90006
18362376

Lots and Land for sale in Los Angeles, CA

for $2,299,999. The lot size is 11829.00 Sqft..

Property Information

  • $2,299,999
  • Lots and Land
  • Active
  • Lot size of 11829.00 Sqft.
  • Los Angeles, CA
  • Pico-Union Neighborhood
  • Los Angeles County
  • MLS/Web ID is 18362376

Description

PRIME KOREATOWN CORNER LOT IN A QUALIFIED OPPORTUNITY ZONE (pursuant to Internal Revenue Code Ã'šÃ‚§ 1400Z-2), providing significant tax benefits on capital gains. RARE RE-DEVELOPMENT OPPORTUNITY with permits to be delivered ready to issue (RTI) for 14 new luxury units (36 total bdrms) in a high rent demand area. Existing structure is COMPLETELY VACANT with demolition permits RTI. NONE of the units are affordable/low income units. Total Gross Building area is approx. 27, 762 sq. ft. - including first floor parking on street level, so NO NEED for burdensome underground parking! The Property is surrounded by new development in booming Koreatown. Buyer & Seller to comply with each other's 1031 tax exchange, if applicable.

Listed By

Broker: THOMAS J. GILLERAN

1100 FEDORA Street, Los Angeles, CA, 90006 is a Lots and Land for sale at $2,299,999 with a lot size of 11829.00 Sqft.. 1100 FEDORA Street has 0.0 baths. The property's zip code is 90006 which is in Los Angeles, CA

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Pricing History

Date Price Price Change Description
8/22/2018 $2,299,999 -17.86 % Price Change
7/25/2018 $2,799,999 -6.67 % Price Change
7/8/2018 $2,999,999 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $2,256,309 2 % below $1,050,000 54 % below
Lots and land listings in Los Angeles $1,550,444 33 % below $395,000 83 % below

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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