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1224 Fraser Avenue

Los Angeles, CA 90022

$1,075,000 Price
Est. Payment: $ 0/mo
4
Bed
0
Bath
1,742 Sq. Ft.
$617 / Sq. Ft.

1224 Fraser Avenue

Los Angeles, CA 90022

$1,075,000 Price
$0/mo
4
Bed
0
Bath
1,742
Sq. Ft.
This multi-family property compromises 3 units. Front is a duplex with 1 bedroom and 1 bath each. In rear is 3 bedrooms with 1 bath, it is a 2-story building, 2 bedrooms and 1 bath is for upstairs and another 1 bedroom is downstairs. Prior to current seller purchased the subject property, it was rent 1 bedroom downstairs, Seller has a court dated on October 9th,24 for eviction to correct and follow the city code and permit to make it legalized and it can be 4 units later. Great opportunity to own this well-maintained Triplex. It considers centrally located for your next investment adventure. Fully occupied with long-term tenants and from all receipts showed all rents were paid on time. It has 3 meters for gas and 3 meters for electric. Tenants paid gas and electric bills, whereas owner pays for water, sewer, garbage. Residents can easily walk to main street (Olympic Blvd.), close to all transportation, restaurant and dining options, shopping destinations, convenience to tenants. This property situated on almost 4,852 Sqft.lot size. The levels space in rear is a private area for all to enjoy, low maintenance. It has a long driveway for parking. Easy access to FWY 710 North. Building in rear has potential for development of additional units, buyer(s) to investigate with City Code and Permits requirement.
PROPERTY INFORMATION
MLS # GD24198155 Lot Size 4,846 Sq. Ft.
HOA Fees $0/Monthly Property Type Triplex
Price $ 1,075,000
Price Per SqFt: $ 617
DOM 222 Days
Address 1224 Fraser Avenue Type Residential Income
City Los Angeles Sq.Ft. 1,742 Sq. Ft.
Postal Code 90022 Garage 4
County Los Angeles Year Built 1928
Bed / Bath 4 / 0 Parking 4
Built In 1928 Status Active
INTERIOR FEATURES
Laundry Information None, Gas & Electric Dryer Hookup
Fireplace Information None, Kitchen, Living Room
Has Heating Yes
Heating Information Electric, Wall Furnace
Room Information Kitchen, Living Room
Has Cooling No
Cooling Information None
Flooring Information Laminate
InteriorFeatures Information Unfurnished
EntryLocation Front
Entry Level 1
Has Spa No
SpaDescription None
WindowFeatures Screens
SecuritySafety Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
EXTERIOR FEATURES
FoundationDetails Raised, See Remarks, Slab
Roof Composition, Shingle
Has Pool No
Pool None
Has Fence Yes
Fencing Brick, Fair Condition
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,147
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
09/25/2024 Listed $1,075,000
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Listing provided courtesy of Toi Cha-Umpluke, RE Counselors Inc. 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.
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