1224 Fraser Avenue
Los Angeles, CA, 90022
$1,075,000
Beds
0 Baths
SqFt
0.11 Acres
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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 Details

Price:
$1,075,000
MLS #:
GD24198155
Status:
Active
Baths:
0
Address:
1224 Fraser Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c23metropolitan
City:
Los Angeles
Listed Date:
Sep 25, 2024
State:
CA
ZIP:
90022
Lot Size:
4,846 sqft / 0.11 acres (approx)
Year Built:
1928
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Schools

Interior

Cooling
None
Fireplace Features
None, Kitchen, Living Room
Flooring
Laminate
Heating
Electric, Wall Furnace
Interior Features
Unfurnished
Window Features
Screens

Exterior

Community Features
Sidewalks
Electric
Standard
Fencing
Brick, Fair Condition
Foundation Details
Raised, See Remarks, Slab
Garage Spaces
4.00
Lot Features
2-5 Units/ Acre
Parking Features
Driveway, Driveway – Combination, Driveway Level
Parking Spots
4.00
Pool Features
None
Roof
Composition, Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Private

Financial

Association Fee
0.00
Tenant Pays
Electricity, Gas, See Remarks
Utilities
Electricity Connected, Sewer Connected, Water Available

Map

Community

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1224 Fraser Avenue
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