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$1,050,000

Beds
Unknown
sq ft
3,200

1233 Fedora St, Los Angeles, CA 90006

1233 Fedora St

Los Angeles, CA 90006

  • 47 days on market
*** BANKRUPTCY COURT SALE - EQUITY SALE (NOT AN REO, NOT BANK OWNED, AND NOT A SHORT SALE) Bankruptcy court sale - equity sale (not short sale or bank owned REO). MLS info is current and updated immediately. Sale is contingent on trustee/bankruptcy court approvals/overbid procedures. Sale is 'as-is', where-is by bankruptcy trustee acting as seller. Presenting an exceptional VACANT four-unit property nestled in the vibrant heart of K-town. Each unit boasts a spacious 1 bed/1 bath layout, spanning approximately 800 square feet each. The property features ample parking space for up to 6 cars in the rear area, providing convenience for residents. Strategically designed with 2 units upstairs and 2 units downstairs, this fixer-upper is situated just north of Pico and east of Normandie. Unlock its full potential by taking on the challenge of upgrades and touch-ups to bring it to market rents. Positioned in an area with a high percentage of renters, securing tenants once the units are ready shouldn't be a challenge. Enjoy the central location, with easy access to numerous dining options, grocery stores, and the esteemed Loyola High School. The proximity to the 10 freeway (less than a mile away) and being approximately 2 miles from Downtown LA further adds to the property's allure.

Details

Property type

Lot size

5,901 sq ft

Price per sq ft

$329

Year built

1913

Price History

06/21/2024
CRMLS

CRMLS #P1-17691

Listed
$1,050,000
06/20/2024
CRMLS

CRMLS #P1-17691

Pending
$1,050,000
05/15/2024
CRMLS

CRMLS #P1-17691

Listed
$1,050,000

Schools & Community

Neighborhood: 

Harvard Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jay H Kim

Loan start date

February 2008

Original loan amount

$63,000

Est. remaining balance

Not provided

Interest rate

6.07%

Loan type

Not Provided

Seller

Young C Cho

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:15 AM

Listing updated: 06/21/2024 at 4:23 PM

Listed by: Brian Parsons, Keller Williams Realty Phone #: (626) 204-3300

MLS: CRMLS #P1-17691

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