632 Fraser Ave, Los Angeles, CA 90022
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632 Fraser Ave Los Angeles, CA 90022

$530,000 Sold Price as of 05/15/2019
  • 4 Beds
  • 2 Baths
  • 1,641 Sq.Ft.
Sold
$530,000 Sold Price as of 05/15/2019 Refinance Your Mortgage

Map preview of 632 Fraser Ave, Los Angeles, CA 90022

Property Overview: 632 Fraser Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,641 living square feet and 5,133 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Duplex located in a demanding area of East Los Angeles. Great opportunity for a first time home buyer or a rental investment. Bottom unit is a 3 bedroom 1 bathroom. Downstairs unit has laundry area. The second unit is upstairs and has a private entrance in rear of property and is a 1 bedroom/1bathroom. Owner has maintained property. Low maintenance yard. Great for big family, as a rental investment, or for you to live in one and rent the other. Near Downtown Los Angeles, Dodger Stadium, Citadel Outlets, Cal State Los Angeles, restaurants, schools and freeways.

Listed by ALEXANDRA PARRA RIVERA | BRE #01763911 | CENTURY 21 REALTY MASTERS
Co-listed by ROSIE TREVINO | BRE #01488081 | CENTURY 21 REALTY MASTERS
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 57

Home details

Lot Sq. Ft
5,133
HOA Dues
$0/mo
Year built
1925
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
MB19011529
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $875
  • Total Rent: $875
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $28,500
  • Net Operating Income: $23,850
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $4,650
  • New Taxes: $6,625
  • Trash: $0
  • Insurance: $700
  • Water/Sewer: $300

Property Details for 632 Fraser Ave

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: Sprinklers None
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5240012007
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Whittier Blvd.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 632 Fraser Ave

Last sold for $530,000 on May 15th, 2019
  • May, 2019

  • May 17, 2019

    Date

    Sold

    CRMLS: MB19011529

    $530,000

    Price

  • Mar 13, 2019

    Date

    Active Under Contract

    CRMLS: MB19011529

    $530,000

    Price

  • Jan 17, 2019

    Date

    Active

    CRMLS: MB19011529

    $530,000

    Price

  • May, 2019

  • May 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

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Tax History for 632 Fraser Ave

Assessed Value (2020): $540,600
Year Land Value Improved Value Assessed Value
2020 $324,360 $216,240 $540,600

Home Value Compared to the Market

This property vs the competition

632 Fraser Ave sold on May 15, 2019 for 55.46% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $322.97 per/sqft which puts the price per square foot 57.22% lower than the current median sale per square foot for the city of Los Angeles.

About 632 Fraser Ave

Detailed summary of property

632 Fraser Ave is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,641 living square feet, and sits on an approximately 5,133 square foot lot. 632 Fraser Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $530,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 55.46% lower than the current median priced home. Local homes that are currently for sale include 440 W Gage Ave, 444 W Gage Ave and 155 E Colden Ave. While the average home in Los Angeles, CA is selling in 92 days, 632 Fraser Ave has a days on market of 57 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 632 Fraser Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 632 Fraser Ave

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
1,641
Lot Size
5,133
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
156
APN
5240-012-007

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$605,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
20
Median Sale to List Price %
101%
Avg Days on Market
17
Loan Type
Conventional (25%), FHA (25%), VA (0%), Cash (25%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.