506 S Kern Avenue
Los Angeles, CA 90022
7
Bed
4
Bath
6,400Sqft(Lot)
FULLY VACANT 4PLEX IN EAST LA 506 S Kern is a Fully Vacant 4 Unit Property in one of the fastest growing neighborhoods in Los Angeles. The property consists an ideal unit mix of (3) 2-Bed/1-Bath and (1) 1-Bed/1-Bath units. The property has spacious floorplans and has been upgraded with new floors, paint and kitchens, ensuring ease of management for future tenants. This tenant ready asset comes fully parked with 4 Tandem spots so each unit gets 2 spaces, ensuring maximum potential rent. Once leased, the property will operate at a 7.75% cap rate, making this a one of a kind investment opportunity in East LA. Whether you're an owner/user or an investor, this asset is primed for strong cash flow from day one, in a neighborhood that is hard to find something of this
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: $1125000Original 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
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 731 Hendricks, Los Angeles, CA, 90022 | $649,000 | 4 | 3 | -- | 6,616 Sqft |
| 6121 E Olympic, Los Angeles, CA, 90022 | $659,000 | 3 | 2 | -- | 2,520 Sqft |
| 6121 E Olympic, Los Angeles, CA, 90022 | $659,000 | 3 | 2 | 1,093 | 2,520 Sqft |
| 522 Simmons, Los Angeles, CA, 90022 | $780,000 | 3 | -- | -- | 5,353 Sqft |
| 6047 Dennison, Los Angeles, CA, 90022 | $1,199,000 | 6 | 4 | 3,491 | 6,500 Sqft |
| 549 Williamson, Los Angeles, CA, 90022 | $849,000 | 5 | 3 | 1,872 | 5,363 Sqft |
| 536 S Sadler, Los Angeles, CA, 90022 | $850,000 | 4 | 3 | 2,000 | 5,528 Sqft |
| 536 S Sadler, Los Angeles, CA, 90022 | $850,000 | 4 | 3 | -- | 5,528 Sqft |
| 471 Hoefner, Los Angeles, CA, 90022 | $799,900 | -- | 1 | -- | 5,390 Sqft |
| 5240 Via San Delarro, Los Angeles, CA, 90022 | $1,200,000 | 3 | 2 | -- | 6,278 Sqft |
Similar Multifamily To 506 S Kern Avenue
Nearby For Sale
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ByOwner last updated this listing 09/12/2026 @ 09:38
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