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.
For sale
Listing Provided by:
Toi Cha-Umpluke DRE #01113616 213-494-1282,
RE Counselors Inc
$1,075,000
1224 Fraser Ave, Los Angeles, CA 90022
--beds
--baths
1,742sqft
Est.:
Triplex
Built in 1928
-- sqft lot
$-- Zestimate®
$617/sqft
$-- HOA
What's special
Low maintenance
- 256 days
- on Zillow |
- 63 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: March 30, 2025 at 08:21am
Listing Provided by:
Toi Cha-Umpluke DRE #01113616 213-494-1282,
RE Counselors Inc
Source: CRMLS,MLS#: GD24198155
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Rooms
- Room types: Kitchen, Living Room
Heating
- Electric, Wall Furnace
Cooling
- None
Appliances
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, None
Features
- Unfurnished
- Flooring: Laminate
- Windows: Screens
- Has fireplace: No
- Fireplace features: Kitchen, Living Room, None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,742
- Total interior livable area: 1,742 sqft
Property
Parking
- Total spaces: 4
- Parking features: Driveway Level, Driveway
- Garage spaces: 4
Features
- Levels: One,Two
- Stories: 1
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Brick,Fair Condition
- Has view: Yes
- View description: None
Lot
- Size: 4,846 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 5245016013
- Zoning: LCR4YY
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: See Remarks,Traditional
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Foundation: Raised, Slab, See Remarks
- Roof: Composition,Shingle
Condition
- Repairs Cosmetic
- New construction: No
- Year built: 1928
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Private
- Utilities for property: Electricity Connected, Sewer Connected, Water Available
Community & HOA
Community
- Features: Sidewalks
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $617/sqft
- Tax assessed value: $864,012
- Annual tax amount: $11,702
- Date on market: 9/25/2024
- Listing terms: Cash to New Loan,Conventional,Contract
- Total actual rent: 3918
- Tenant pays: Electricity, Gas, See Remarks
- Road surface type: Gravel
- Loading
- Loading