BUILDINGS/608 FRASER AVE
/// BUILDING FILE · ROLL 2025

608 FRASER AVE.

Los Angeles, CA 90022 · APN 5240-012-001

608 Fraser Ave is a 2-unit multifamily property in Los Angeles, CA 90022, built in 1946, with 1,529 square feet of building area, according to the Los Angeles County assessor roll (2025). Its assessed value is $671,021, which under Proposition 13 is usually well below what it would sell for. The last recorded sale was March 2024, at an estimated $657,864. Rent control: LA RSO likely, if inside city limits.

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UNITS

2

BUILDING SF

1,529

SF / UNIT

765

YEAR BUILT

1946

BEDROOMS

4

BATHROOMS

2

USE · CODE 0200

DUPLEX

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/// ASSESSED VALUE
LAND$385,959
IMPROVEMENTS$285,062
TOTAL$671,021
LAND BASE YEAR2024

PROP 13 ASSESSED VALUES, USUALLY WELL BELOW MARKET ON LONG-HELD BUILDINGS.

/// LAST TRANSFER
RECORDEDMAR 18, 2024
EST. PRICE (2024)$657,864
EST. $/UNIT$328,932

PRICE ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE, NOT A VERIFIED CLOSING PRICE.

/// RENT CONTROL

LA RSO LIKELY, IF INSIDE CITY LIMITS

Built 1946 with 2 units, at an address whose mailing city is Los Angeles. If the parcel is inside the City of Los Angeles, multifamily whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The "Los Angeles" mailing city also covers some unincorporated county neighbourhoods, which fall under the County's own ordinance instead, and these records do not say which side of that line this parcel is on. Confirm the address with LAHD or ZIMAS.

HOW LA RSO WORKS →INFERRED FROM THE ASSESSOR ROLL, NOT AN LAHD DETERMINATION. CONFIRM WITH LAHD / ZIMAS BEFORE RELYING ON IT.
/// ZIP 90022

Estimated sales nearby.

SALE DATES ARE RECORDED TRANSFERS; THE NEWEST HERE IS DEC 31, 2024.

PRICES ESTIMATED FROM ASSESSOR REASSESSMENT AT SALE (ASSESSED VALUE DEFLATED 2%/YR), NOT VERIFIED CLOSING PRICES.

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/// COMMON QUESTIONS · 608 FRASER AVE

The short answers.

Is 608 Fraser Ave rent controlled?

Built 1946 with 2 units, at an address whose mailing city is Los Angeles. If the parcel is inside the City of Los Angeles, multifamily whose certificate of occupancy was issued on or before 1 October 1978 is generally under the Rent Stabilization Ordinance, which caps annual increases and restricts evictions to specific just causes. The "Los Angeles" mailing city also covers some unincorporated county neighbourhoods, which fall under the County's own ordinance instead, and these records do not say which side of that line this parcel is on. Confirm the address with LAHD or ZIMAS. This is an inference from public assessor records, not a determination. Confirm the certificate of occupancy date with the LA Housing Department or ZIMAS before you rely on it for pricing or notices.

How many units does 608 Fraser Ave have?

County records list 2 units at 608 Fraser Ave, classified as duplex across 1,529 square feet of building area, averaging about 765 square feet per unit. Unit counts on the roll can lag permitted conversions and unpermitted additions in both directions.

When was 608 Fraser Ave built?

The assessor roll gives a build year of 1946, which puts it in the stock old enough for the LA Rent Stabilization Ordinance to reach it, where the building sits inside City of Los Angeles limits. Age drives more than character here. It sets rent-cap exposure, seismic retrofit obligations, and what a lender will underwrite.

When did 608 Fraser Ave last sell, and for how much?

The last recorded transfer was March 2024, at an estimated $657,864, about $328,932 per unit. That price is estimated from the Proposition 13 reassessment recorded at sale, not a verified closing price, so treat it as a close approximation rather than a confirmed figure.

What is 608 Fraser Ave assessed at, and is that what it is worth?

The current assessed value is $671,021 ($385,959 land, $285,062 improvements). Assessed value is not market value. Under Proposition 13 it resets only on a change of ownership and then climbs about 2% a year, so a long-held building is often assessed far below what it would trade for.

How do I find out what 608 Fraser Ave would sell for today?

Public records give you the frame, units, size, age, assessed value, and when it last traded, but pricing needs in-place rents, expenses, and the condition of the units, none of which appear in county data. A broker valuation puts closed comps and a rent survey against the actual rent roll. Shaya Lowenstein does that free for LA multifamily owners, typically within 48 hours, with no obligation to list.

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