1347 Fraser Avenue 1-3, Los Angeles, California 90022, Los Angeles, 90022 - bed, bath
1347 Fraser Avenue 1-3
Los Angeles, California 90022
Property Price
SUMMARY
Analysis of 1347 Fraser Avenue 1-3, Los Angeles, California 90022 is currently available with a list price of $630,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1953, is a triplex with individual units that appear to be aged. While the listing mentions it's an investment opportunity, the images show dated kitchens with older appliances and cabinetry, and bathrooms that are functional but clearly not updated recently. The flooring in the living area appears to be hardwood, but the kitchen flooring is tile and linoleum, both showing signs of wear. The overall condition suggests a property that has been maintained but requires updates to meet modern standards, aligning with the 'fair' condition criteria for a property of this age with no recent major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
This triplex offers a strong rental income opportunity in a desirable East Los Angeles location, ideal for investors.
- Multiple Units
Comprising three separate 1-bedroom, 1-bath units, this property maximizes rental potential and diversification.
- Parking Availability
Includes three covered carport spaces at the rear, a significant amenity for tenants in this urban area.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1953, the property may require updates or renovations to meet modern standards and tenant expectations.
- Unit Size
Each unit is a compact 1-bedroom, 1-bath, which may limit appeal to larger households or those seeking more space.
- Limited Information on Condition
The description does not provide details on the current condition of individual units or the overall structure, necessitating thorough inspection.
About 1347 Fraser Avenue 1-3
WONDERFUL Triplex opportunity in East Los Angeles! Three 1-bedroom, 1-bath units attached. Plus 3 covered carport spaces at rear. Located just north of the 5 freeway and south of Whittier Blvd and Olympic Blvd. This investment property offers a good rental opportunity.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1953
- Lot Size
- 4,827 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,541 | 1,928.5 | 25% |
| Lot Size | 4,827 | 6,351 | 15% |
| Price | $630.0K | $774.5K | 20% |
| Price per sq ft | $409 | $395 | 50% |
| Built year | 1953 | 1928 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 468 | 239 | 95% |
Pricing History
Listed for Sale
Feb 10, 2026
$630,000
$725,000
-13% Price Drop
Initial Listing
Price Change
Sep 3, 2025
$725,000
Initial Listing
Price Change
Nov 23, 2024
$750,000
Initial Listing