506 S Kern Avenue
Los Angeles, CA 90022
7
Bed
4
Bath
6,400Sqft(Lot)
506 S Kern Ave presents a rare opportunity to acquire a FULLY VACANT 4-unit multifamily asset in one of Los Angeles' fastest- growing neighborhoods. Upon stabilization, the property is projected to achieve an attractive 7.23% Cap Rate and 9.88 GRM, offering investors strong in-place cash flow potential. Situated on a spacious 6,000+ square foot lot, the property includes four on-site parking spaces, further enhancing its long-term value and tenant appeal. All four units will be delivered fully vacant and move-in ready, allowing a new owner to lease at market rents immediately without the challenges of tenant relocation. Once fully leased, the property is projected to generate over $10,000 in scheduled monthly rental income. Whether for an investor seeking
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1962Building Area Total: 2770Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 6400 Lot Size Acres: 0.1469 Lot Size Source: Assessor Lot Size Square Feet: 6,400 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $1195000Cash, CashToExistingLoan, CashToNewLoan, Conventional, Fha203b, Fha203k, FHA, FannieMae, GovernmentLoan
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Tax Information
Parcel Number: 5248017002 Tax Lot: 1 Tax Block: 12
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Parking Information
Parking Total: 7
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Location Information
Direction: Off Whittier and Mednik WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 537 Bradshawe Avenue, Los Angeles, CA, 90022 | $1,125,000 | 7 | 6 | -- | |
| 6047 Dennison, Los Angeles, CA, 90022 | $1,199,000 | 6 | 4 | 3,491 | 3,491 SqFt |
| 549 Williamson, Los Angeles, CA, 90022 | $849,000 | 5 | 3 | 1,872 | 1,872 SqFt |
| 471 Hoefner, Los Angeles, CA, 90022 | $878,000 | -- | 1 | 1,597 | 1,597 SqFt |
| 622 Eastmont, Los Angeles, CA, 90022 | $1,349,000 | 9 | 6 | -- | |
| 565 Margaret Avenue, Los Angeles, CA, 90022 | $950,000 | 6 | 3 | 2,162 | 2,162 SqFt |
| 731 Belden Avenue, Los Angeles, CA, 90022 | $1,099,000 | 6 | 4 | 2,452 | 2,452 SqFt |
| 538 S Fetterly Avenue, Los Angeles, CA, 90022 | $750,000 | 6 | 4 | 2,412 | 2,412 SqFt |
| 5111 Boswell, Los Angeles, CA, 90022 | $1,050,000 | 6 | 5 | -- | |
| 920 S La Verne, Los Angeles, CA, 90022 | $830,000 | 7 | 2 | -- |
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Nearby For Sale
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ByOwner last updated this listing 07/26/2026 @ 16:09
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