317 Fraser Ave, Los Angeles, CA 90022

Rare Investment Opportunity in Strong Rental Market of East Los Angeles. Corner Lot, End Of Street Location, Separate Meters (Electric and Gas) For All Three Units, Plus No Homes On Either Side Of The Property. Unit Mix: (3 Total) 1 Bedroom 1 Bathroom Units With Front and Rear Entrances and Ideal Floor Plans. (1 Total) 1 Bedroom 1 Bathroom Conversion in Rear. Fully Renovated Middle Unit (Currently Vacant) With: New Flooring, New Paint, New Granite Countertops, New Bathtub Shower Combo and New Fixtures, New Vanity, New Toilet, New Fans, and Newer Water Heater inside! ADU Potential with Garage in Rear Building. Possible Coin Laundry For Additional Income On Side of Rear Unit or Inside Vacant Garage. Property Features a "40 Year Roof" on Triplex, Granite Counter Tops in 2 Kitchens, and Full Copper Plumbing Up to Main Line. Fully Gated and Secured Property with Enclosed Back and Side Yards. Ample Parking with 4 Dedicated Parking Spaces in Front for Each Unit, Side Parking, Rear Garage, and Has Open Off-Street Parking Available. Cash Cow Rental Producing $4150 Average Per Month With Pro Forma of $6000 Per Month (not including converting rear garage into income or coin laundry). CONTACT NOW TO ATTEND SHOWING OF ENTIRE PROPERTY!