$740,000
SOLD DEC 2, 2024

1338 Fraser Ave Los Angeles, CA 90022

5 Beds
3 Baths
1,884 Sq Ft
9,885 Sq Ft Lot

Recently Sold

$393 Per Sq Ft

14% Above List Price

18 Days on Market

About This Home

As of December 2024

This home is located at 1338 Fraser Ave, Los Angeles, CA 90022 and is currently priced at $740,000, approximately $392 per square foot. This property was built in 1941. 1338 Fraser Ave is a home located in Los Angeles County with nearby schools including Winter Gardens Elementary School, Montebello Intermediate School, and Montebello High School.

Last Agent to Sell the Property

Julio Midolo

ReMax Sky Brokerage Phone: 8189741797 License #01470385 Listed on: 09/21/2024

ReMax Sky

Last Buyer's Agent

Aracelia Flores

Century 21 Allstars License #01476554

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,345

Year Built

  • Built in 1941

Lot Details

  • 9,885 Sq Ft Lot
  • 1 Common Wall
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,884 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Tax Lot 39
  • Tax Tract Number 1053
  • Assessor Parcel Number 5242021010
  • $196 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,345

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 325000
  • Property Attached: Yes
  • Zoning: CMM2-M1*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5242021010
  • Year Built: 1941
  • Special Features: RealEstateOwned

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Price Per Square Foot: 392.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 9885.00
  • Lot Size Acres: 0.2269

Multi Family

  • Lot Size Area: 9885.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 39
  • Tax Tract Number: 1053
  • TaxOtherAnnualAssessmentAmount: 196.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2024
Closed on
Oct 15, 2024
Sold by
Nolasco Ernesto
Bought by
Ruiz Rojas Jose Luis and Ruiz Auxiliadora Gomez
Seller's Agent
Julio Midolo
ReMax Sky
Buyer's Agent
Aracelia Flores
Century 21 Allstars
List Price
$650,000
Sold Price
$740,000
Premium/Discount to List
$90,000
13.85%
Views
19
Current Estimated Value
$752,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,116
Avg. Annual Appreciation
-0.97%
Original Mortgage
$555,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2004
Sold by
Nolasco Ernesto and Nolasco Edna Virginia
Bought by
Nolasco Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
8.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 1994
Sold by
Sanchez Roberto A
Bought by
Nolasco Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
5.37%

Purchase Details

Closed on
Jun 21, 1994
Sold by
Baker Jeanette R
Bought by
Arce & Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.57%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $740,000 Wfg Title Company
Grant Deed $740,000 Wfg Title Company
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $143,000 Progressive Title Company
Grant Deed -- Progressive Title Company
Grant Deed $75,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Previous Owner $555,000 New Conventional
Previous Owner $155,000 Stand Alone Second
Previous Owner $105,000 Stand Alone Second
Previous Owner $60,000 Stand Alone Second
Previous Owner $408,500 Unknown
Previous Owner $256,000 Fannie Mae Freddie Mac
Previous Owner $210,000 New Conventional
Previous Owner $135,850 No Value Available
Previous Owner $35,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $740,000 +13.8% $393 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/21/2024 09/21/24 For Sale $650,000 -- $345 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,345 $740,000 $400,000 $340,000
2024 $5,345 $355,291 $149,510 $205,781
2023 $5,176 $348,326 $146,579 $201,747
2022 $5,014 $341,497 $143,705 $197,792
2021 $4,854 $334,802 $140,888 $193,914
2019 $4,686 $324,873 $136,710 $188,163
2018 $4,706 $318,504 $134,030 $184,474
2016 $4,504 $306,137 $128,826 $177,311
2015 $4,265 $301,539 $126,891 $174,648
2014 $4,221 $295,633 $124,406 $171,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24196845

California Regional Multiple Listing Service (CRMLS)

APN: 5245-021-010