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    1224 S Fraser Avenue

    East Los Angeles, CA 90022
    • $865,000
    • STATUS: Active
    • ON SITE: 158 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 2021-04-11T00:25:45.477. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.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 0.00 Foundation Details Brick/Mortar Garage Spaces 0.00 Lot Features 2-5 Units/AcreFront Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Features Street Parking Total 3.00 Parking YN No Pool Features None Pool Private YN No Property Attached YN Yes Roof Composition Uncovered Spaces 3.00

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes Laundry Features Gas & Electric Dryer Hookup Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.50 Community Features CurbsSidewalksUrban Country Us Current Financing None Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Multiplier 18.10 Gross Operating Income 59909.00 Gross Scheduled Income 63062.00 Gross Spendable Income 47639.00 Insurance Expense 1800.00 Land Lease YN No Laundry Income 0.00 Laundry YN Yes Maintenance Expense 3153.00 Maintenance Percent 5.00 Net Operating Income 47639.00 New Construction YN No New Taxes Expense 4917.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 0 Number Of Units Leased 4 Operating Expense 12270.00 Operating Expense Percent 20.00 Other Income1 0.00 Other Income2 0.00 Property Condition Turnkey 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 5255.00 Total Expenses 12270.00 Trash Expense 0.00 Utilities Electricity ConnectedSewer ConnectedWater Available Vacancy Allowance 3153 Vacancy Allowance Rate 5.00 Water Sewer Expense 1500.00 Water Source Public Workmans Compensation Expense 0.00 Year Built Source Assessor Zoning Lcr4yy

    Listing provided courtesy of Paul Clark of Clark And Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-11T00:25:45.477. 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 Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
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    Mission Viejo CA, 92691