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317 Fraser Avenue
East Los Angeles, CA 90022
Sold
317 Fraser Avenue
East Los Angeles, CA 90022
Sold
Rare Investment Opportunity in Strong Rental Market of East Los Angeles. Corner Lot, End Of Street Location, Separate Meters (Electric and Gas) For All Three Units, Plus No Homes On Either Side Of The Property. Unit Mix: (3 Total) 1 Bedroom 1 Bathroom Units With Front and Rear Entrances and Ideal Floor Plans. (1 Total) 1 Bedroom 1 Bathroom Conversion in Rear. Fully Renovated Middle Unit (Currently Vacant) With: New Flooring, New Paint, New Granite Countertops, New Bathtub Shower Combo and New Fixtures, New Vanity, New Toilet, New Fans, and Newer Water Heater inside! ADU Potential with Garage in Rear Building. Possible Coin Laundry For Additional Income On Side of Rear Unit or Inside Vacant Garage. Property Features a "40 Year Roof" on Triplex, Granite Counter Tops in 2 Kitchens, and Full Copper Plumbing Up to Main Line. Fully Gated and Secured Property with Enclosed Back and Side Yards. Ample Parking with 4 Dedicated Parking Spaces in Front for Each Unit, Side Parking, Rear Garage, and Has Open Off-Street Parking Available. Cash Cow Rental Producing $4150 Average Per Month With Pro Forma of $6000 Per Month (not including converting rear garage into income or coin laundry). CONTACT NOW TO ATTEND SHOWING OF ENTIRE PROPERTY!
PROPERTY INFORMATION
| MLS # | OC22239661 | Lot Size | 6,292,983 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 719,999
Price Per SqFt: $ 518 |
DOM | 901 Days |
| Address | 317 Fraser Avenue | Type | Residential Income |
| City | East Los Angeles | Sq.Ft. | 1,389 Sq. Ft. |
| Postal Code | 90022 | Garage | 1 |
| County | Los Angeles | Year Built | 1953 |
| Bed / Bath | 4 / 0 | Parking | 10 |
| Built In | 1953 | Status | Closed |
| Sold Date | 2023-01-17 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Common Area, Electric Dryer Hookup, Outside, Washer Hookup |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Electric Oven, Free-Standing Range, Gas Range, Range Hood |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Room Information | All Bedrooms Down, Family Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| Flooring Information | Laminate, Tile |
| InteriorFeatures Information | Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Open Floorplan, Storage |
| DoorFeatures | Storm Door(s) |
| EntryLocation | 1 |
| Entry Level | 1 |
| Has Spa | No |
| SpaDescription | None |
| WindowFeatures | Blinds, Screens |
| SecuritySafety | Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s) |
EXTERIOR FEATURES
| FoundationDetails | Concrete Perimeter, Raised |
| Roof | Shingle |
| Has Pool | No |
| Pool | None |
| Has Fence | Yes |
| Fencing | Average Condition, Barbed Wire, Chain Link, Wood, Wrought Iron |
WALKSCORE
Walk Score: 67 (Somewhat Walkable)
Transit Score: 69 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $768
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 01/17/2023 | Sold | $725,000 |
| 01/10/2023 | Pending | $719,999 |
| 01/04/2023 | Active Under Contract | $719,999 |
| 12/06/2022 | Active Under Contract | $719,999 |
| 11/16/2022 | Listed | $719,999 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Justin Yee, Century 21 Masters. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
