$10,000
closing credit¹
930 Fraser Ave Los Angeles, CA 90022
Property details
About 930 Fraser Ave
We are pleased to present for sale the "Fraser Flats" a newly renovated & 100% fully leased multifamily opportunity located in the heart of East LA! The subject property consists of a front duplex with two 1 bd/1 ba units and 16 SRO style units (16 single rooms with 3 shared baths + 4 toilets for the community). The property was completed gutted by the current owner who spent over $400,000 in upgrades including brand new HVAC, new Roof, Plumbing, Electrical, Flooring, Paint, Furniture & more! This location offers residents a quick commute to Downtown Los Angeles and is a Walker's Paradise with a walk Score of 93! The property is only steps away from dining and shopping on Whittier Blvd with several public transportation options nearby. Current rents yield an impressive annual gross income of ~$200,000 yielding a GRM of just 10 and a phenomenal cap rate of 7.2%!! There is an additional 20% upside in rents. Each SRO unit is fully equipped with a queen-sized bed, full sized stainless-steel refrigerator and stainless-steel microwave. Shared space for showering and doing laundry all conveniently near your apartment home. Bathrooms are separate from your apartment home but are private and in the community. The front duplex is comprised of two 1 BD/1 BA units that are tenant occupied and under RSO. Do not miss this opportunity to purchase a cash cow located in a high rental demand neighborhood of Los Angeles! Do not disturb current tenants, showings with an accepted offer only. Contact listing agent for more details.
Highlights
Summary
- MLS Number: 25477541
- MLS Name: CRMLS
- Office Name: Keller Williams Beverly Hills
- Office Phone: (310) 432-6400
- Listing Agent: Daniel Shamooelian
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: 1/19/2025, 3:21:00 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
$1,999,000
930 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 |
|---|---|---|
| Apr 14, 2021 | Home Sold | $1,050,000 |
| Apr 11, 1991 | Home Sold | $300,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $500,483 | $9,141 |
| 2020 | $494,758 | $8,904 |
| 2019 | $485,057 | $8,737 |
| 2018 | $475,547 | $8,581 |
| 2017 | $466,224 | $8,581 |
History based on county public records data.
Nearby schools
4
Winter Gardens Elementary
Public District KG-5
0.3 mi
•1277 Clela Ave
8
Kipp Raices Academy
Public Charter KG-4
0.4 mi
•668 S Atlantic Blvd
3
Ford Boulevard Elementary School
Public District KG-5
0.6 mi
•1112 S Ford 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 $46,514. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
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
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
Frequently asked questions
About 930 Fraser Ave
This home is located at 930 Fraser Ave in Los Angeles, CA and zip code 90022 in the The Eastside neighborhood. This 4,631 square foot home, which was built in 1929, sits on a 0.11 acre lot. Features: 18 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 14, 2025 and is currently priced at $1,999,000.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. Between November and December 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 5.3%. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.