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. 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
Flooring
Laminate
Heating
Electric, Wall Furnace
Laundry Features
None, Gas & Electric Dryer Hookup
Exterior
Architectural Style
See Remarks, Traditional
Community Features
Sidewalks
Parking Features
Driveway, Driveway – Combination, Driveway Level
Parking Spots
4.00
Roof
Composition, Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Financial
Map
Community
- Address1224 Fraser Avenue Los Angeles CA
- AreaC23 – Metropolitan
- CityLos Angeles
- CountyLos Angeles
- Zip Code90022
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1224 Fraser Avenue
Los Angeles, CA
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