StatusAccepting Backup Offers (Active Under Contract)
About 906 N Fries Ave
Development opportunity. Cash cow building + Value add! 2 lots with 2 APNs. (7416-032-028 - 7,247sf per assessor) and (7416-032-027 - 7,244sf per assessor) Building sits on one APN, buyer can re-develop or sell the other APN. City says minimum 3 (non-rent controlled) units can be added to the vacant lot. Buyer to check. Beautiful character Spanish style building with tile roof. Bread and butter pride of ownership well-maintained 10 units. Significant RENTAL UPSIDE (raise rents, rent out parking spaces) + add laundry machines for more income. See for yourself - the last rental - apt 4 was rented in December 2023 for $1,500. Market rent is about $16,400/ month, or $196,800/ year. 2023-2024 upgrades - exterior paint, stairs, upper and lower decks refinished, new fence, landscaping, auto sprinklers. Capital improvements since purchase in August 2015 - new main drain line from the building to the street (apx 150 feet). Fresh water lines (copper and pex combination) from main meter. New electrical wiring from meters to subpanels, new subpanels, panels, main breakers, Edison meters (10 units + house meter). Permits will be uploaded to supplements. Parking lot re-paved in 2015. Note -units #5,10 are bigger than the rest. Units #4,9 are studios.
Property Details
Property Features
Property Information:
Year Built: 1928
Stories: 2
Listing Office:
Office Name: West Shores Realty, Inc.
Office Phone: 310.720.3677
Listing Agent: Vlad Rodov
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot: Front Yard
Lot Size: 0.33 Acres
School Info
Assigned Schools Information:
Phineas Banning Senior High School, Public Magnet Grades 9-12
Harbor Teacher Preparation Academy, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Studio, Public District Grades 6-8
Point Fermin Elementary School, Public Magnet Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Other
Directions Information:
Directions: turn north from Anaheim street on Fries. Property is on the east side of the street.
Price Information
Listing Price Info
Price Summary:
List Price: $1,595,000
Tax Information:
Annual Amount: $11,369
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $608.5K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #PW24004528
Listing Office:
Office Name: West Shores Realty, Inc.
Office Phone: 310.720.3677
Listing Agent: Vlad Rodov
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/31/2024, 10:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Aug 26, 2015
Aug 26, 2015Home Sold
$1,195,000
Jul 02, 2014
Jul 02, 2014Home Sold
$910,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$11,369
$870,946
2020
$11,050
$860,532
2019
$10,955
$843,660
2018
$10,689
$827,118
2017
$10,689
$810,900
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school4.85 miles
Public Magnet Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school21.45 miles
Public Magnet Grades KG-6
Middle School
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school22.40 miles
Public District Grades 6-8
High School
5
/10
Phineas Banning Senior High School
1527 Lakme Ave
Distance between this listing and this school0.92 miles
Public Magnet Grades 9-12
10
/10
Harbor Teacher Preparation Academy
1111 Figueroa Pl
Distance between this listing and this school1.12 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school17.97 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school4.85 miles
Public Magnet Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school21.45 miles
Public Magnet Grades KG-6
Nearby Schools
4
/10
George De La Torre Jr. Elementary School
500 Island Ave
Distance between this listing and this school0.33 miles
Public District Grades KG-5
Assigned Schools
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school22.40 miles
Public District Grades 6-8
Nearby Schools
5
/10
Harry Bridges Span
1235 Broad Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-8
4
/10
Wilmington Middle School
1700 Gulf Ave
Distance between this listing and this school1.28 miles
Public District Grades 6-8
Assigned Schools
5
/10
Phineas Banning Senior High School
1527 Lakme Ave
Distance between this listing and this school0.92 miles
Public Magnet Grades 9-12
10
/10
Harbor Teacher Preparation Academy
1111 Figueroa Pl
Distance between this listing and this school1.12 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school17.97 miles
The neighbors living near this home have an average income of $32,752. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 906 N Fries Ave
What is the listing price of this property?
The listing price of 906 N Fries Ave property is $1,595,000.
What type of property is this?
The property 906 N Fries Ave is a condo located in Wilmington, California, 90744.
Is this property for sale now?
Accepting Backup Offers: 906 N Fries Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 906 N Fries Ave are: Point Fermin Elementary School: GreatSchools Rating 6/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Studio: GreatSchools Rating 4/10Phineas Banning Senior High School: GreatSchools Rating 5/10Harbor Teacher Preparation Academy: GreatSchools Rating 10/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $11,369 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 26, 2015 for $1,195,000. (source: MLS/tax record).
Which year was this property built?
The year of construction for 906 N Fries Ave is 1928.
This home is located at 906 N Fries Ave in Wilmington, CA and zip code 90744 in the Wilmington neighborhood. This home, which was built in 1928, sits on a 0.33 acre lot. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $1,595,000.
In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.
From Rocket Homes Real Estate and based on county public records data.