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1224 Fraser Avenue
Los Angeles, CA 90022
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 | 247 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
Walk Score: 90 (Very Walkable)
Transit Score: 58 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,147
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
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.
