380 Fraser Avenue
Description
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...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!
- Listed by Ricardo Ceballos Jr. • DRE #01371690 • Brokerage DRE #02142871 • Circle Real Estate • 562-760-2469
Property Details for 380 Fraser Avenue
Property Details for 380 Fraser Avenue
| Status | Active |
|---|---|
| MLS # | DW24203064 |
| Days on Market | 38 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1955 |
| Lot Size | 0.11 AC / 4,793 SF |
| County | Los Angeles County |
Building Information for 380 Fraser Avenue
Property Information for 380 Fraser Avenue
- Tenant Pays: All Utilities
- Gross Income: $25,200
- Gross Scheduled Income: $25,200
- Gross Equity: $100
- Net Operating Income: $25,200
- Operating Expense: $0
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $0
- Tax Tract Number: 7659
- Tax Census Tract: 5303.01
- CFD/Mello-Roos Fee: $1,116
- Tax Lot: 125
- Community Features: Urban
- Laundry: No
- Laundry Features: None
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: None
- Heating Type: Wall
- Heating: Wall Furnace
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 2-5 Units/Acre
- Number Of Units: 2
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Sewer Paid
- Sewer/Septic: Sewer Connected
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,400
- Unit Type Total Rent: $1,400
- Unit Type Pro Forma: 2000
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $700
- Unit Type Total Rent: $700
- Unit Type Pro Forma: 2000
- Unit Type Type: 2
- Rent Controlled: Yes
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 2
- Number Of Separate Gas Meters: 2
- Number Of Separate Water Meters: 1
Property History for 380 Fraser Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 380 Fraser Avenue
Schools near 380 Fraser Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | 2 to 5 | |||
| Charter - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 1 |
Rating | School | Distance |
|---|---|---|
Fourth Street Elementary School Public2 to 5 | ||
KIPP Sol Academy Charter5 to 8 | ||
James A. Garfield Senior High School Public9 to 12 | ||
Fourth Street Primary Center PublicK to 1 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Circle Real Estate, Ricardo Ceballos Jr., DRE #01371690
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.