Description

Welcome to 1211 Fedora St., a stunning 4-plex property nestled in the heart of the vibrant Mid-Wilshire district of Los Angeles, CA 90006. Newly built in 2018, this high-quality condo-like property features two separate duplex buildings, each offering tri-level, attached 2-car garages with direct access and open-concept living spaces that are sure to impress. Features steel beam construction, insulation floor to floor, and solid doors. Guest bedroom and bathroom on the second floor and two bedrooms with en-suites on the third floor for comfortable living and ensuring privacy. The interiors are adorned with newer stainless-steel appliances, recessed lighting, and laminate wood flooring throughout. Convenience is key with in-unit laundry facilities and dual tankless water heaters, ensuring endless hot water supply. The property is designed with separate water meters for each unit, making it easy to manage utilities. Enjoy the luxury of private rooftop decks that offer breathtaking views of Downtown LA, Hollywood, and the sparkling city lights. Perfect for entertaining, these decks come equipped with gas hookups, ready for BBQ, and a water source for easy cleaning and maintenance. Maintenance is a breeze with easy-to-care-for features, and all units are currently leased below market value, presenting a fantastic investment opportunity. The new owner will have good space to improve CAP after the completion of the purchase. Located in a bustling neighborhood, you'll find yourself just moments away from popular spots like The Wiltern, Koreatown Galleria, and an array of dining options such as The Boiling Crab and Quarters Korean BBQ. Don't miss out on this exceptional property that combines modern living with unbeatable convenience. The Seller intends to perform an IRC Section 1031 tax-deferred exchange. Seller requests buyer's cooperation at no cost to buyer.