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1226 S Kern Ave, Los Angeles, CA, 90022
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1226 S Kern Ave Los Angeles, CA, 90022

$899,000 Multi-Family for sale 5 beds 3 baths

Welcome to an exceptional investment opportunity in East Los Angeles, California! This property boasts a total of five bedrooms and three bathrooms, divided among two units, making it an ideal income-generating asset. Currently offering a fantastic rental income potential, the property features below-market rents, providing a significant value-add opportunity for savvy investors. The existing tenants at this location have been reliable occupants for years, enhancing the appeal of this investment property. The area is known for its high demand for rental properties, ensuring a steady stream of potential tenants. Additionally, the property includes ownership of solar panels that were installed in 2021. Prospective investor buyers can inquire about acquiring the current financing arrangement for solar ownership, adding to the property's appeal as a sustainable investment. Furthermore, the current owner has plans to add two additional dwelling units to the property and possesses all the necessary specifications for this expansion. For those interested in exploring this opportunity, the owner's plans can be shared upon request. It is important to note that any potential investor should conduct their own due diligence with the city regarding the requirements and regulations for additio
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Property details

1,687 sqft interior area
Interior area
1,687 sqft
View
None
Days on Verhouse
29
Address
1226 S Kern Ave, Los Angeles, CA, 90022
City of California
Los Angeles
County
Los Angeles
Year Built
1929
Land SqFt
6,237 sqft (0.14 acres)
District
Listing

Open Houses

No upcoming open houses

Interior Features

Beds
5
Baths
3
Stories
One Story

Listed by

John Chapman, COLDWELL BANKER LEADERS
Name
John Chapman
License number
00806941
Brokerage company
COLDWELL BANKER LEADERS
MLS #
CRCV24076048

Payment calculator

Calculate your monthly payments
Mortgage
$2,761
Taxes
$0
HOA dues
$0
$2,761 per month
Mortgage
$179,800 / 20%
2.28%
30 years
Your amount $2,761 / month

Exterior Features

Pool
None
Yard
Backyard, Back Yard, Front Yard

Lot details

TMK #5246023010
Parcel nr.
5246023010

90022 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 90022

46%
Families with children
National average: 39%
21%
Non family households
560,711
Population
$60,594
Average Income

Age & gender

Median age 34 years
More info

Commute types

84% commute by car
More info

Education level

39% have not graduated education
More info

Number of employees

2% work in education and healthcare
More info

Vehicles available

34% have 2 vehicle
More info

Vehicles by gender

34% have 2 vehicle
More info

Housing market insights for

$803.75k
Neighborhood average
sales price*
$730k
Neighborhood median
sales price*
277
Number
of sales*

Housing type

57% are single detacheds
More info

Rooms

51% of the houses have 4 or 5 rooms
More info

Bedrooms

66% have 2 or 3 bedrooms
More info

Owners vs Renters

63% are renters
More info
12.33 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Unit Information

Total Units
2

Price history

New Listing Apr 16, 2024
Date Event Price $/sqft Source
Apr 16, 2024 New Listing $899,000 0 MLS #CRCV24076048

Taxes of 1226 S Kern Ave, Los Angeles, CA, 90022

LCR4 zoning / MLS #CRCV24076048
Zoning
LCR4

Agent viewpoints of 1226 S Kern Ave, Los Angeles, CA, 90022

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Frequently Asked Questions about 1226 S Kern Ave

Which year was this multi-family built?

This multi-family was build in 1929.

What is the full address of this Multi-Family?

1226 S Kern Ave, Los Angeles, CA, 90022.

Based on information from the bridgeMLS as of 05-14-2024. 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. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 11, 2024
Verhouse Last checked 5 minutes ago


The closest grocery stores are Superior Grocers, 1.91 miles away and El Super, 2.2 miles away.
The 90022 zip area has a population of 560,711, and 46% of the families have children. The median age is 34.16 years and 84% commute by car. The most popular housing type is "single detached" and 63% is renter.
Multi-Family For sale $899k 1226 S Kern Ave, Los Angeles, CA, 90022 5 beds / 3 baths Save House Remove from Saved