1226 South Kern Avenue
1226 South Kern Avenue
$899,000
5
3
1,687
1,687
$533
Description
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...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 additional dwelling units (ADUs). This ensures compliance with local laws and regulations, providing a smooth transition for any planned expansions. Don't miss out on this rare opportunity to invest in a promising income property in a sought-after location in East Los Angeles. Contact us today to learn more and schedule a viewing of this remarkable investment property!
- Listed by John Chapman • DRE #00806941 • Brokerage DRE #02062675 • COLDWELL BANKER LEADERS • 818-441-6629
Property Details for 1226 South Kern Avenue
View
None
Parking Spaces Total0
Private PoolNo
Cooling TypeCentral Forced Air, Wall/Window
Total Units2.0
Building TypeAttached
Lot Size SourceAssessor
Living Area1687
Location
LISTING UPDATED: 04/23/2024 05:12 AM
Property Details for 1226 South Kern Avenue
Status | Active |
---|---|
MLS # | CV24076048 |
Days on Market | 13 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Townhouse |
MLS Type | Residential |
Year Built | 1929 |
Lot Size | 0.14 AC / 6,237 SF |
County | Los Angeles County |
Location
Building Information for 1226 South Kern Avenue
Stories1Residences-Year Built1929Building Size-Lot Size0.14 AC / 6,237 SF
Payment Calculator
$5,686 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1226 South Kern Avenue
Property History for 1226 South Kern Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1226 South Kern Avenue
Taxable ValueLand$392,700Additions$306,000Total$698,700
Tax Record2023$9,366 ($780 / month)
Home Facts
Total Finished SqFt1,687 SqFtAbove Grade Finished SqFt1,687 SqFtLot Size6,235 SqFtStyleDuplexYear Built1929ZoningLCR4*CountyLOS ANGELESAPN5246-023-010
Schools near 1226 South Kern Avenue
This home is within Montebello Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Winter Gardens Elementary School PublicK to 5 | ||
Montebello Intermediate School Public6 to 8 | ||
Montebello High School Public9 to 12 | ||
Montebello Community Day School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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