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    1224 S Fraser Avenue

    East Los Angeles, CA 90022
    • $865,000
    • STATUS: Active
    • ON SITE: 165 days
    • ID#: IN20229986
    $865,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,950
      SQFT
    • $219
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1928
    County:

    School Ratings & Info

    Description

    3 unit multi family with a added fourth unit(with no permit), this sq. footage is not included with the the total. All units are well maintained. 1224 Fraser is 1 bedroom and i bath, 1224 1/2 is also 1 bedroom and 1 bath, 1226 is 2 bedroom and i bath and 1226 1/2 2 bedroom and 2 bath. This property is great for first time buyers or investors. Lovely East LA property.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
    www.zemberrealtygroup.com/homes/111590331
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    1224 S Fraser Avenue East Los Angeles, CA 90022

    • Price: $865,000
    • Status: Active
    • ID#: IN20229986
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,950
    SQFT
    $219
    $/SQFT
    1928
    Built
    Neighborhood:
    ELA - East Los Angeles
    County:
    Los Angeles
    Area:
    ELA - East Los Angeles
    Property Description
    3 unit multi family with a added fourth unit(with no permit), this sq. footage is not included with the the total. All units are well maintained. 1224 Fraser is 1 bedroom and i bath, 1224 1/2 is also 1 bedroom and 1 bath, 1226 is 2 bedroom and i bath and 1226 1/2 2 bedroom and 2 bath. This property is great for first time buyers or investors. Lovely East LA property.
    Exterior Features

    Architectural Style Traditional Carport Spaces 0 Foundation Details Brick/Mortar Lot Features 2-5 Units/AcreFront Yard Number Of Separate Electric Meters 3 Open Parking Spaces 3 Parking Features On Street Parking Total 3 Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 5.5 Common Interest None Community Features CurbsSidewalksUrban Current Financing None Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 0 Gross Scheduled Income 63062 Insurance Expense 1800 Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Maintenance Expense 3153 Net Operating Income 47639 New Construction YN No New Taxes Expense 4917 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 12270 Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 5255 Trash Expense 0 Utilities Electricity ConnectedSewer ConnectedWater Available Vacancy Allowance 3153 Vacancy Allowance Rate 5 Water Sewer Expense 1500 Water Source Public Zoning Lcr4yy

    Listing provided courtesy of Paul Clark of Clark And Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-18T00:26:25.35. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Zember Realty Group. Licensed in the State of California, USA.
     
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    Zember Realty Group
    1125 Linda Vista Dr.
    San Marcos CA, 92078