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$ 615,000
Est. payment /mo
Pending
380 Fraser AVE Los Angeles, CA 90022
4,791 Sqft Lot
UPDATED:
12/14/2024 11:06 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
MLS Listing ID DW24203064
HOA Y/N No
Year Built 1955
Lot Size 4,791 Sqft
Property Description
Fantastic Investment Opportunity in East Los Angeles
This duplex, hitting the market for the first time in many years, is a prime opportunity for investors seeking rental income. Located in a desirable East LA neighborhood, close to public transportation, shopping, dining, and major freeways (710, 60, and 10), commuting is a breeze.
The front unit features 2 bedrooms and 1 full bathroom with its own private front yard. The rear unit also includes 2 bedrooms and 1 full bath with a private area for relaxation. Both units sit on a spacious, fully fenced lot with a block wall and a secure driveway gate. The long driveway provides parking for up to 4 or more vehicles and leads to a carport.
Situated near the Metro Gold Line, East Los Angeles Civic Center, ELAC, and just minutes from CSULA, DTLA, and Little Tokyo, this property is in a high-demand rental area. Currently tenant-occupied month-to-month, this property is ready for the savvy investor looking to maximize rental returns.
The seller is motivated, so don’t miss out on this valuable duplex investment property in the heart of East Los Angeles. This one won’t last long—see you in escrow!
This duplex, hitting the market for the first time in many years, is a prime opportunity for investors seeking rental income. Located in a desirable East LA neighborhood, close to public transportation, shopping, dining, and major freeways (710, 60, and 10), commuting is a breeze.
The front unit features 2 bedrooms and 1 full bathroom with its own private front yard. The rear unit also includes 2 bedrooms and 1 full bath with a private area for relaxation. Both units sit on a spacious, fully fenced lot with a block wall and a secure driveway gate. The long driveway provides parking for up to 4 or more vehicles and leads to a carport.
Situated near the Metro Gold Line, East Los Angeles Civic Center, ELAC, and just minutes from CSULA, DTLA, and Little Tokyo, this property is in a high-demand rental area. Currently tenant-occupied month-to-month, this property is ready for the savvy investor looking to maximize rental returns.
The seller is motivated, so don’t miss out on this valuable duplex investment property in the heart of East Los Angeles. This one won’t last long—see you in escrow!
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LCR2YY
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Carport Spaces 1
Pool None
Community Features Urban
Total Parking Spaces 1
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Sewer Tap Paid
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5248006016
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Probate Listing
Listed by Ricardo Ceballos Jr. • Circle Real Estate • 562-760-2469