1 month on rocket

380 Fraser Ave, Los Angeles, CA, 90022

$596,000

Home List Price

$7,078*

Closing Credit

0 Baths
Multi

Location

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380 Fraser Ave, Los Angeles$596,000

Buyer Closing Credits

$7,078*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1955
HeatingWall Furnace
CoolingNone
FireplaceNone
MLS #DW24203064
Lot Size0.11 Acres
StatusActive

About 380 Fraser Ave

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!

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: Circle Real Estate
  • Office Phone: (562) 760-2469
  • Listing Agent: Ricardo Ceballos Jr.

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: North on Fraser off E. 4th st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $596,000

Tax Information:

  • Annual Amount: $1,541
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

380 Fraser Ave vs Los Angeles

47 DAYS ON ROCKET

+9 Days

$596,000

-$427.4K Less

KEY TAKEAWAY

This property is $427.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24203064

Listing Office:

  • Office Name: Circle Real Estate
  • Office Phone: (562) 760-2469
  • Listing Agent: Ricardo Ceballos Jr.

IDX 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: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,541$46,365
2020$1,512$45,891
2019$1,405$44,992
2018$1,384$44,110
2017$1,384$43,247

History based on county public records data.

Payment Calculator

$3,042

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,853

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-410834
3
/10

  • Arts in Action Community Charter

  • 5115 Via Corona St

  • 0.19 miles

  • Public Charter Grades KG-5

school-card-donut-410835
4
/10

  • 4th Street Elementary

  • 420 Amalia Ave

  • 0.30 miles

  • Public District Grades 2-5

school-card-donut-410836
6
/10

  • Morris K. Hamasaki Elementary

  • 4865 E 1st St

  • 0.47 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,083. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are married, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90022›380 Fraser Ave

This home is located at 380 Fraser Ave in Los Angeles, CA and zip code 90022 in the The Eastside neighborhood. This home, which was built in 1955, sits on a 0.11 acre lot. It has been listed on Rocket Homes since October 01, 2024 and is currently priced at $596,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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