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 a
MLS #
CRGD24198155
MLS Source
California Regional MLS
Days on Site
57
Flooring
Laminate
Laundry
None
Cooling
None
Heating
Electric, Wall Furnace
Roof
Composition, Shingle
Foundation
Raised, Slab, Other
Pool
None
Style
Other, Traditional
Garage/Parking
Other, Garage: 4 Car(s)
Water
Private
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 3 |
1224 Fraser Ave is a Triplex in Los Angeles, CA 90022. This – square foot property sits on a 4,846 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,075,000 and was built in 1928.
This address can also be written as 1224 Fraser Ave, Los Angeles, CA 90022.©2024 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 01, 2024. For the most current information, please contact Toi Cha-Umpluke