1224 Fraser Avenue

Los Angeles, CA 90022

$1,075,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1928

calendar_month Built

Property Description

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.

Listing Information

List Price $1,075,000
Status Active
MLS GD24198155
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1928
Lot Size 4,846
Structure Size N/A
DOM 12
Courtesy Of RE Counselors Inc
Listing Agent Toi Cha-Umpluke DRE#01113616

Interior Features

Laundry Information
Location(s) Electric Dryer Hookup, Gas Dryer Hookup, None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Flooring Information
Material Laminate
Fireplace Information
Features Kitchen, Living Room, None
Additional Information
Additional Features Unfurnished
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Toi Cha-Umpluke, RE Counselors Inc . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 3:40 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.