930 Fraser Avenue, Los Angeles, CA 90022

Local realty services provided by:ERA Excel Realty
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

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1929
  • Listing ID #:25573685
  • Added:3 day(s) ago
  • Updated:September 13, 2025 at 01:23 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
Based on information from California Regional Multiple Listing Service, Inc. as of September 13, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

New listings near 930 Fraser Avenue