1224 Fraser Avenue
Los Angeles, CA 90022
0.11 acres | #GD24198155
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.
Interior Details
- InteriorUnfurnished
Property Details
- Lot DescriptionTwoToFiveUnitsAcre
- Stories2
Measurements
- Acres0.1112
Parking
- Parking Spaces4
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1928
Material information
- FoundationRaised, Slab, SeeRemarks
Utilities / Energy Details
- Utility FeaturesElectricityConnected, SewerConnected, WaterAvailable
- Sewer InformationPublicSewer
- Utility SourcePrivate
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,075,000
Other
- MLS #GD24198155
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Toi Cha-Umpluke (#G82582)
Listing Office: RE Counselors Inc (#G8127)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
