1347 Fraser Avenue, Los Angeles, CA 90022
Triplex - Los Angeles, CA
- Added:
- Nov 23, 2024
- Days on Market:
- 567
- Last Refresh:
- Jun 13 at 3:06 am
Property Features for 1347 Fraser Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Zoning
- LCR4YY
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
- Parking
- 3
- Parking features
- Carport
- Exterior features
- Fence, Community Features Included: Sidewalks, Front Yard
- Fencing
- Fenced
- Standard status
- Active
- APN
- 5245020023
- Size
- 1,541 SF
- Lot size
- 4,827.00 Acres
Utilities
- Heating system
- Wall Furnace
Building Details
- Year built
- 1953
- Floors in Building
- 1
- Number of units
- 3
- Architectural style
- Other
Listing agent Gilbert Rivera License #01213587 (909) 967-4525
Listing office Marketing Specialists 900 Leyland Dr., DIAMOND BAR, CA (909) 967-4525
Listing date Nov 23, 2024
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Triplex: Offers immediate rental income potential.
- Three 1‑bedroom, 1‑bath units: Provides a consistent unit configuration for easier management.
- Three covered carport spaces: Provides tenants with covered parking.
- East Los Angeles location: Convenient access to local amenities.
- Proximity to 5 Freeway: Offers easy commuting options.
- Built in 1953: Established property with potential for upgrades.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.8k | $33.60 |
| − Vacancy | −$1.3k | −$0.84 |
| EGI | $50.5k | $32.76 |
| − OpEx | −$15.1k | −$9.83 |
| NOI | $35.3k | $22.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.1641892
- Latitude
- 34.0137748