NOT LISTED FOR SALE

1242 Fedora St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,027,000 - $1,097,000

0.14 Acres
$7,878,909 Price per Acre
5,908 Sq Ft Lot

Sale Details

Date Sold: October 17, 2025

Last sale price $1,086,000 $765 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,589 / mo

150 Days on Market

About This Lot

As of October 2025

PERMIT PULLED AND FULLY PAID! RTI SB8 CLEARED! SHOVEL READY! DELIVERED FULLY VACANT! OPPORTUNITY ZONE! MOTIVATED SELLER! Outstanding duplex with prime value add potential located at 1242 Fedora Street in the highly desirable Pico-Union area of Los Angeles. This property presents a unique investment opportunity, situated on a 5,908 square foot lot with two non-conforming 3-bedroom, 2-bath units. Title reflects a total of 3 bedrooms and 2 bathroomsbuyer to verify all details. Perfect to build additional ADU for immediate income. Additionally, the property comes with an approved redevelopment plan and permits worth approximately $70,000, already paid for by the sellers, offering an immediate advantage for those looking to build to maximize potential. The proposed plan features a 4-unit property, with each unit consisting of 4 bedrooms. Every unit has been carefully designed with a thoughtful and efficient layout, appealing to tenants and encouraging quick leasing decisions. Located in the bustling neighborhood of Koreatown, this site places you at the epicenter of everything from the vibrant energy of Downtown LA to the glamour of Beverly Hills. The rendering may not entirely represent the finalized plans.

Last Agent to Sell the Property

Vinnie Park

Keller Williams Larchmont License #02015848 Listed on: 04/30/2025

Keller Williams Larchmont

Last Buyer's Agent

Armin Soleimani

Global Platinum Properties, Inc. License #01846872

Property Details

Property Type

  • Land

Lot Details

  • 5,908 Sq Ft Lot
  • Property is zoned LAR3

Property Views

  • City Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5078-033-013

Property Details

Property Type

Land

Lot Details

5,908 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Lot Acreage: 0.1356
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City
  • View: Yes

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5078-033-013
  • Lot Size Area: 5908

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
Oct 7, 2025
Sold by
Bought by
Seller's Agent
Vinnie Park
Keller Williams Larchmont
Buyer's Agent
Armin Soleimani
Global Platinum Properties, Inc.
List Price
$1,150,000
Sold Price
$1,086,000
Premium/Discount to List
-$64,000
-5.57%
Views
11
Current Estimated Value
$1,068,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,620
Avg. Annual Appreciation
-2.38%

Purchase Details

Closed on
Oct 27, 2021
Sold by
Bought by

Purchase Details

Closed on
Apr 21, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 21, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,086,000 Socal Title Company
-- Provident Title Company
-- None Available
-- --
-- Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $127,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 Sold $1,086,000 -5.6% $765 / Sq Ft
04/30/2025 04/30/25 For Sale $1,150,000 +53.3% $810 / Sq Ft
07/30/2021 07/30/21 Sold $750,000 -11.8% $528 / Sq Ft View Prior Sale
04/14/2021 04/14/21 Price Changed $850,000 -10.5% $599 / Sq Ft
01/28/2021 01/28/21 Price Changed $950,000 -9.5% $669 / Sq Ft
11/29/2020 11/29/20 For Sale $1,050,000 -- $739 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,819 $795,905 $732,233 $63,672
2024 $9,717 $780,300 $717,876 $62,424
2023 $9,534 $765,000 $703,800 $61,200
2022 $9,100 $750,000 $690,000 $60,000
2021 $3,895 $302,120 $241,954 $60,166
2020 $3,931 $299,024 $239,474 $59,550
2019 $3,785 $293,162 $234,779 $58,383
2018 $3,658 $287,415 $230,176 $57,239
2016 $3,492 $276,256 $221,239 $55,017
2015 $3,443 $272,107 $217,916 $54,191
2014 -- $266,778 $213,648 $53,130
Source: Public Records

Agents Affiliated with this Home

  • Vinnie Park

    Seller's Agent in 2025

    Vinnie Park

    Keller Williams Larchmont

    (213) 332-9045

    3 in this area

    22 Total Sales

    Vinnie Park
    Section Image
  • Armin Soleimani

    Buyer's Agent in 2025

    Armin Soleimani

    Global Platinum Properties, Inc.

    (310) 666-2246

    2 in this area

    63 Total Sales

    Armin Soleimani
    Section Image
  • Julio Ruiz

    Buyer Co-Listing Agent in 2025

    Julio Ruiz

    Global Platinum Properties, Inc.

    (818) 524-0706

    2 in this area

    47 Total Sales

    Julio Ruiz
    Section Image

  • P

    Seller's Agent in 2021

    Peter Strauss

    Iconic Investments

    Section Image
  • Adam Zunder

    Seller Co-Listing Agent in 2021

    Adam Zunder

    Pacifica Capital

    (818) 554-5560

    2 in this area

    36 Total Sales

    Adam Zunder
    Section Image
  • Sabrina Torkan

    Buyer's Agent in 2021

    Sabrina Torkan

    Madison Capital Group

    (310) 422-2526

    1 in this area

    5 Total Sales

    Sabrina Torkan
    Section Image
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Map

Source: The MLS

MLS Number: 25532547

The MLS

APN: 5078-033-013

California Los Angeles County Los Angeles 90006 Pico-Union

1242 Fedora St, Los Angeles, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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