1233 Fedora St, Los Angeles, CA 90006

Property Description

Court date is 07/30/2024 and subject to overbid. First overbid is $1,105,000 *** 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.