1224 Fraser AVE Active

Los Angeles,CA 90022

$ 1075000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRGD24198155

Style Other,Traditional

Originating Board California Regional MLS

Year Built 1928

Lot Size 4,846 Sqft

Property 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 a

Location

State CA

County Los Angeles

Area C23 - Metropolitan

Interior

Heating Wall Furnace ,Electric

Cooling None

Flooring Laminate

Laundry None,38

Exterior

Parking Features Other

Garage Spaces 4.0

Pool 31,None

View None

Roof Type Shingle,Composition

Building

Story One Story

Foundation Other,Raised,Concrete Slab

Water Private

Architectural Style Other,Traditional

Others

Tax ID 5245016013

Special Listing Condition Not Applicable

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