$10,000 Closing Credit¹
#P1-20310, Joanne Cervantes, Listing Office: Berkshire Hathaway Home Servic
#GD24198155·
Listing Office: RE Counselors Inc·
Listing Agent: Toi Cha-Umpluke·
Listing Office Phone: 213-494-1282
$1,075,000 List price
1224 Fraser Ave Los Angeles, CA 90022
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1224 Fraser Ave
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.
Highlights
Home typeTriplex
HeatingElectric, Wall Furnace
StatusActive
Lot size0.1112 Acres
Year built1928
ParkingDriveway Level, Driveway
MLS #GD24198155
Garage4 spaces
FireplaceKitchen, Living Room, None
Summary
- MLS Number: GD24198155
- MLS Name: CRMLS
- Office Name: RE Counselors Inc
- Office Phone: (213) 494-1282
- Listing Agent: Toi Cha-Umpluke
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 1:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,075,000
1224 Fraser Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 18, 2022 | Home Sold | $830,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $864,012 | $11,701 |
| 2023 | $847,080 | $11,463 |
| 2022 | $333,316 | $5,335 |
| 2021 | $326,791 | $5,176 |
| 2020 | $322,966 | $5,008 |
| 2019 | $316,635 | $5,058 |
| 2018 | $310,427 | $4,959 |
| 2017 | $304,341 | $4,959 |
History based on county public records data.
Nearby schools
4
Winter Gardens Elementary
Public District KG-5
0.1 mi
•1277 Clela Ave
3
Ford Boulevard Elementary School
Public District KG-5
0.6 mi
•1112 S Ford Blvd
8
Kipp Raices Academy
Public Charter KG-4
0.6 mi
•668 S Atlantic Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,696. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
46%
<35k
50%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
26%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
34%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
10%
12-17 yrs old
27%
18-34 yrs old
33%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1224 Fraser Ave in Los Angeles, CA and zip code 90022 in the The Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,075,000.
Over 212 listings were sold over their listed price in February 2025 in Los Angeles, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between January and February 2025. In February 2025 median list price was $989,396 and the average listing age was 44 days.
From Rocket Homes Real Estate and based on county public records data.