1226 South Kern Avenue

Los Angeles, CA 90022

$899,000
Price
5
Beds
3
Baths
1,687 Sq. Ft.
$533 / Sq. Ft.
1,687
Sq. Ft.
$533
per Sq. Ft.

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!
  1. 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 Total
0
Private Pool
No
Cooling Type
Central Forced Air, Wall/Window
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
1687

Location

Listing Courtesy of COLDWELL BANKER LEADERS, John Chapman, DRE #00806941
Add your commute
LISTING UPDATED: 04/23/2024 05:12 AM

Property Details for 1226 South Kern Avenue

StatusActive
MLS #CV24076048
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeTownhouse
MLS TypeResidential
Year Built1929
Lot Size0.14 AC / 6,237 SF
CountyLos Angeles County

Location

Listing Courtesy of COLDWELL BANKER LEADERS, John Chapman, DRE #00806941
Add your commute

Building Information for 1226 South Kern Avenue

Stories1Residences-Year Built1929Building Size-Lot Size0.14 AC / 6,237 SF

Payment Calculator

$5,686 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$780

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1226 South Kern Avenue

Income / Expense / Tax Details
Tax / Assessment Info
  • Tax Block: H
  • Tax Tract Number: 7366
  • Tax Census Tract: 5316.02
  • CFD/Mello-Roos Fee: $1,146
  • Tax Lot: 14
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Laundry Location: Laundry Room
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Fireplace: N/K
  • Cooling: Central Air, Wall/Window Unit(s)
Exterior Features
  • Entry Location: street
  • Structure Type: Duplex
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Back Yard, Front Yard
  • Lease Considered: No
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Sewer/Septic: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Townhome
  • Residential Unit Location: 2+ common walls

Property History for 1226 South Kern Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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1226 South Kern Avenue is a townhouse for sale in Los Angeles, CA 90022. This property was listed for sale on April 12, 2024 by COLDWELL BANKER LEADERS, it's currently listed at $899,000. This listing's school district is Montebello Unified School District. Nearby schools include Winter Gardens Elementary School, Montebello Intermediate School and Montebello High School. 1226 South Kern Avenue is a 5-bed, 3-bath, 1,687 sqft townhouse built in 1929.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER LEADERS, John Chapman, DRE #00806941

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.