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Excellent opportunity to purchase a duplex with a development opportunity. 1242 Fedora Street is located in the highly desirable Pico-Union submarket of Los Angeles. The property features 1,420 square feet of improvements on a 5,908 square foot lot. As a development opportunity, the property is zoned R3-1 which allows for the development of 7 units bi-right. In addition, since the property is located within the Transit Oriented Community (Tier 2) a developer benefits from a 60% density bonus of 5 units. This brings the total number of buildable units to 12. As a duplex, the property features two 3 Bedroom + 2 Bath units. Rents total $3,513.53 per month. Please do not disturb the tenants, contact listing agents with questions.
Listing agent: Peter Strauss DRE #01335696 peter@iconicinv.com, Listing office: Iconic Investments
MLS data updated 11/3/2026, 11:05:10 PM PT
Source: CRMLS, MLS #: 20664922
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Jul 30, 2021
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90006 · Nov 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.