930 Fraser Avenue, Los Angeles, CA 90022
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
930 Fraser Avenue,Los Angeles, CA 90022
$1,700,000
- 18 Beds
- 5 Baths
- 4,631 sq. ft.
- Multi-family
- Active
Listed by:daniel shamooelian
Office:keller williams beverly hills
MLS#:25573685
Source:CRMLS
Price summary
- Price:$1,700,000
- Price per sq. ft.:$367.09
About this home
WOW! True 9.6% Cap Rate!!! We are pleased to present for sale the "Fraser Flats" a newly renovated & 100% fully leased multifamily opportunity located in the heart of East LA! The subject property consists of a front duplex with two 1 bd/1 ba units and 16 SRO style units (16 single rooms with 3 shared baths + 4 toilets for the community + communal kitchen). The property was completed gutted by the current owner who spent over $400,000 in upgrades including brand new HVAC, new Roof, Plumbing, Electrical, Flooring, Paint, Furniture & more! This location offers residents a quick commute to Downtown Los Angeles and is a Walker's Paradise with a walk Score of 93! The property is only steps away from dining and shopping on Whittier Blvd with several public transportation options nearby. Current rents yield an impressive annual gross income of ~$218,000 yielding an impressive GRM of just 7.8 and an unheard cap rate of 9.6%!!! There is an additional 20% upside in rents. Each SRO unit is fully equipped with a queen-sized bed, full sized stainless-steel refrigerator and stainless-steel microwave. Shared space for showering and doing laundry all conveniently near your apartment home. Bathrooms are separate from your apartment home but are private and in the community. The front duplex is comprised of two 1 BD/1 BA units that are tenant occupied and under RSO. Do not miss this opportunity to purchase a CASH COW located in a high rental demand neighborhood of Los Angeles! Do not disturb current tenants, showings with an accepted offer only. Call for more details or to inquire about attractive financing opportunities, under 6% interest rate. WILL NOT LAST!!
Contact an agent
Home facts
- Year built:1929
- Listing ID #:25573685
- Added:53 day(s) ago
- Updated:November 01, 2025 at 01:22 PM
Rooms and interior
- Bedrooms:18
- Total bathrooms:5
- Living area:4,631 sq. ft.
Structure and exterior
- Year built:1929
- Building area:4,631 sq. ft.
- Lot area:0.11 Acres
Finances and disclosures
- Price:$1,700,000
- Price per sq. ft.:$367.09
New listings near 930 Fraser Avenue
- New
$399,850Active2 beds 1 baths528 sq. ft.1140 Oxford, Los Angeles, CA 90006
MLS# RS25252135Listed by: ELEVATE REAL ESTATE AGENCY - New
$175,000Active3 beds 2 baths1,440 sq. ft.1000 N Figueroa Street #44, Wilmington (los Angeles), CA 90744
MLS# CRPW25251933Listed by: PACIFIC ESTATES - Open Tue, 11am to 2pmNew
$1,200,000Active2 beds 3 baths1,264 sq. ft.520 S Barrington Avenue #117, Los Angeles, CA 90049
MLS# 25612117Listed by: COMPASS - New
$2,598,000Active4 beds 3 baths2,972 sq. ft.3544 Laurel Canyon, Studio City, CA 91604
MLS# SR25252080Listed by: REGENT CALIFORNIA REALTY - New
$600,000Active5 beds 3 baths250 W 49th Street, Los Angeles, CA 90037
MLS# IN25252085Listed by: 401K REALTY - Open Tue, 11am to 1pmNew
$2,375,000Active4 beds 4 baths3,037 sq. ft.6430 S Sherbourne Drive, Los Angeles, CA 90056
MLS# 25613771Listed by: THE HILLS PREMIER REALTY - New
$3,995,000Active5 beds 6 baths3,518 sq. ft.3629 Rosewood Avenue, Los Angeles, CA 90066
MLS# CL25610351Listed by: COMPASS - New
$899,900Active1 beds 1 baths927 sq. ft.13700 Marina Pointe Drive #1018, Marina Del Rey, CA 90292
MLS# CL25610999Listed by: DREAM REALTY & INVESTMENTS INC - New
$789,000Active3 beds 2 baths1,380 sq. ft.5132 Maplewood Avenue #106, Los Angeles, CA 90004
MLS# 25612259Listed by: CHOICE 100 REALTY, INC. - New
$479,000Active-- beds 1 baths980 sq. ft.420 S San Pedro Street #319, Los Angeles, CA 90013
MLS# 25613775Listed by: CHRISTIE'S INTERNATIONAL REAL ESTATE SOCAL