1224 Fraser Avenue , Los Angeles, CA 90022
Los Angeles, CA 90022
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.
Details
| Mls | GD24198155 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 80 |
| Listing Provided By | RE Counselors Inc 818-732-1415 | Toi Cha-Umpluke |
Features
| Sq Feet | 1,742 |
|---|---|
| Garage | 4 |
| Storys | 1 |
| Units | 3 |
| Buildings | 2 |
| Zoning | LCR4YY |
| Acreage | 0.11 |
| Property View | None |
Market Activity 90022
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90022 |
| Area | C23 Metropolitan |
| Listing VS Median (in 90022) | |
Price: $1,075,000 low | high Med: $799,000 SqFt: 1,742 low | high Med: 1 $ / SqFt: $617 low | high Med: $799,000 On Site: 80 low | high Med: 60.000000 | |
