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731 S Kern Avenue

Los Angeles (City), CA 90022
  • $2,680,000
  • STATUS: Active
  • ON SITE: 59 Days
  • ID#: P1-15316
UPDATED: 27 min ago
$2,680,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2020
County:

School Ratings & Info

Listing Agent(s): Powai Wong of Coldwell Banker Realty ((626) 584-0050)


Description

Fantastic four units complex built in 2020 in prime high-demand location of East Los Angeles with High rental income for sales. Owner pays only gardener fee. Low maintenance and expenses. 2 buildings with 4 townhouse-style units. Each unit consisting of 4Bed/3 Baths over 1500 square feet and have attached two-car garage. Spacious living room, master bedroom with large closets, recessed lighting throughout the entire home, modern cabinetry, open floor plans, balconies with views and all major appliances included. Laminate floors throughout, mirrored closest doors, indoor wash facilities, nicely landscaped in front yard. Fenced in with wrought iron and block wall all around. Fire Sprinkler System up to code. Central A/C, heating units, and laundry room in each house. Close to 60 and 710 FWY. Drive 10-15 minutes to downtown, USC or K-town.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/144155534
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731 S Kern Avenue Los Angeles (City), CA 90022

  • Price: $2,680,000
  • Status: Active
  • On Site: 59 Days
  • Updated: 27 min ago
  • ID#: P1-15316
0
Beds
0
Baths
0
½ Baths
0.18
Acres
2020
Built
Neighborhood:
Not Applicable
County:
Los Angeles
Area:
ELA - East Los Angeles
Property Description
Fantastic four units complex built in 2020 in prime high-demand location of East Los Angeles with High rental income for sales. Owner pays only gardener fee. Low maintenance and expenses. 2 buildings with 4 townhouse-style units. Each unit consisting of 4Bed/3 Baths over 1500 square feet and have attached two-car garage. Spacious living room, master bedroom with large closets, recessed lighting throughout the entire home, modern cabinetry, open floor plans, balconies with views and all major appliances included. Laminate floors throughout, mirrored closest doors, indoor wash facilities, nicely landscaped in front yard. Fenced in with wrought iron and block wall all around. Fire Sprinkler System up to code. Central A/C, heating units, and laundry room in each house. Close to 60 and 710 FWY. Drive 10-15 minutes to downtown, USC or K-town.
Exterior Features

Fencing WoodWrought Iron Lot Features Front Yard Number Of Separate Electric Meters 4 Parking Features Garage Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No Spa Features None Spa YN No View YN Yes

Interior Features

Appliances DishwasherFree-Standing RangeGas RangeMicrowaveRefrigeratorRange HoodTankless Water HeaterWater To Refrigerator Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Heating Central Heating YN Yes Interior Features BalconyRecessed Lighting

Property Features

Additional Parcels YN No Association Fee 0 Community Features Street Lights Electric Expense 0 Exclusions All personal properties belong to tenants. Fuel Expense 0 Garage YN Yes Gross Income 165600 Gross Scheduled Income 165600 Inclusions 4 stoves4 dishwashers4 refrigerators4 microwaves with kitchen hoods2 sets of washer and dryer. Insurance Expense 3000 Land Lease YN No Laundry Features Laundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeSubmit Net Operating Income 163800 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Operating Expense 1800 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-05T09:29:09.46. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Powai Wong of Coldwell Banker Realty ((626) 584-0050)