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Paul Young

[email protected] +1(949) 388-6888

$ 1,075,000

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1224 Fraser AVE Los Angeles, CA 90022

1,742 SqFt

UPDATED:

10/07/2024 03:40 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,742 sqft

Price per Sqft $617

MLS Listing ID GD24198155

Construction Status Repairs Cosmetic

HOA Y/N No

Year Built 1928

Lot Size 4,843 Sqft

Acres 0.1112

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 C37 - Metropolitan South

Zoning LCR4YY

Rooms

Ensuite Laundry Electric Dryer Hookup, Gas Dryer Hookup, None

Interior

Interior Features Unfurnished

Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,None

Heating Electric, Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type Kitchen, Living Room, None

Fireplace No

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

Parking Type Driveway Level, Driveway

Total Parking Spaces 4

Private Pool No

Building

Lot Description 2-5 Units/Acre

Faces Northwest

Story 2

Entry Level One,Two

Foundation Raised, Slab, See Remarks

Sewer Public Sewer

Water Private

Architectural Style See Remarks, Traditional

Level or Stories One, Two

New Construction No

Construction Status Repairs Cosmetic

Others

Senior Community No

Tax ID 5245016013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

Acceptable Financing Cash to New Loan, Conventional, Contract

Listing Terms Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

Listed by Toi Cha-Umpluke • RE Counselors Inc • 213-494-1282

Paul Young

Agent | H01433615

+1(949) 388-6888

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Paul Young

Paul Young

1224 Fraser AVE Los Angeles, CA 90022

Key Details

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Rooms

Interior

Exterior

Building

Others

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1224 Fraser AVE