$1,000,000
$1,100,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
7,797 Sqft Lot
SOLD DATE : 09/18/2025
Key Details
Sold Price $1,000,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25173489
Sold Date 09/18/25
Bedrooms 5
Lot Size 7,797 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Investors dream in the heart of East Los Angeles, this multiple unit property at 723 Kern Ave presents a rare opportunity to acquire a high-density rental property totaling 7 apartments across nearly 3,000 sq ft of living space. Whether youre a buy-and-hold investor or looking for your next value-add project, this property offers the fundamentals that drive long-term returns. This is the kind of East LA asset that doesnt hit the market often with stable income today, serious upside tomorrow. With a prime location in one of LAs most competitive rental markets, 723 Kern Ave is ready for your portfolio.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction exit Atlantic Blvd (South), left on Telegraph, right on Arizona Ave, Right on Hubbard St, Right on Kern Ave. right side of the s
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition,Rolled/Hot Mop
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 5240002004
Acceptable Financing Cash, Conventional, Exchange
Listing Terms Cash, Conventional, Exchange
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Bought with DANIEL PEREZ CENTURY 21 REALTY MASTERS