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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
    : 
    Triplex
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $617/sqft
    $-- HOA

    What's special

    Low maintenance
    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.
    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#: GD24198155MLS LogoOriginating MLS: California Regional MLS
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    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
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