Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
Under ContractTriplex

1147 Fedora Street

Los Angeles, CA, 90006

1 / 36View all 36 photos

$1,500,000

MLS: WS26023041

Beds

8

Baths

7

Sq Ft

3,000

Lot

0.14 ac

Year Built

1903

MLS #

WS26023041

Days on Market

76

Listed

Jan 31, 2026

Description

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!

Location

Los Angeles, Los Angeles County, CA 90006

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Listed by: CAREN CHEN · Real Brokerage Technologies

Payment estimate

$10,720

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $150,000 · Loan: $1,350,000

%
Principal & Interest
$8,295
Property tax (1.25%)
$1,563
Homeowners insurance
$300
Mortgage insurance
$563
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $52,500 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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