1224 Fraser AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90022
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID GD24198155
Year Built 1928
Lot Size 4,843 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 and Permits requirement.
Location
State CA
County Los Angeles
Area C23 - Metropolitan
Zoning LCR4YY
Interior
Heating Electric,Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type Kitchen,Living Room,None
Laundry Electric Dryer Hookup,Gas Dryer Hookup,None
Exterior
Garage Driveway Level,Driveway
Garage Spaces 4.0
Garage Description 4.0
Fence Brick,Fair Condition
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Sewer Connected,Water Available
View Y/N No
View None
Roof Type Composition,Shingle
Building
Lot Description 2-5 Units/Acre
Story 2
Foundation Raised,Slab,See Remarks
Sewer Public Sewer
Water Private
New Construction No
Others
Acceptable Financing Cash to New Loan,Conventional,Contract
Listing Terms Cash to New Loan,Conventional,Contract
Special Listing Condition Standard