$2,580,000

729 S Kern Ave East Los Angeles, CA 90022

Estimated payment $16,870/month

Total Views 4,323
4 Beds
6 Baths
6,148 Sq Ft
$420 Price per Sq Ft

Highlights

  • No Units Above
  • Auto Driveway Gate
  • 8 Car Direct Access Garage
  • James A. Garfield Senior High School Rated A
  • Gated Community
  • Side by Side Parking

About This Home

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 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.

Listing Agent

Powai Wong

C21 Realty Masters License #01892854 Listed on: 05/25/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2020

Lot Details

  • 7,960 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Security Fence
  • Wrought Iron Fence
  • Wood Fence

Parking

  • 8 Car Direct Access Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Auto Driveway Gate

Home Design

  • Quadruplex

Interior Spaces

  • 6,148 Sq Ft Home
  • 2-Story Property
  • Property Views

Kitchen

  • Gas Range
  • Range Hood
  • <<microwave>>
  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 531
  • Assessor Parcel Number 5240002005

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $4,000
  • Operating Expense $4,000
  • Gross Income $170,400
  • Net Operating Income $164,000

Security

  • Gated Community

Property Details

Home Type

Multi-Family

Year Built

Built in 2020

Lot Details

0

Parking

8

Listing Details

  • Assessments: No
  • Inclusions: All appliances.
  • Property Attached: Yes
  • Security: Gated Community
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5240002005
  • Year Built: 2020
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 419.65

Exterior Features

  • Fence: Yes
  • Fencing: Security, Wrought Iron, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Auto Driveway Gate, Gated, Garage Door Opener, Direct Garage Access, Side by Side
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Tankless Water Heater, Range Hood, Microwave, Gas Range, ENERGY STAR Qualified Water Heater, Water Line to Refrigerator, Vented Exhaust Fan, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside, Washer Included, Dryer Included, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7960.00
  • Lot Size Acres: 0.1827

Multi Family

  • Gross Income: 170400.00
  • Gross Scheduled Income: 170400.00
  • Insurance Expense: 4000.00
  • Lot Size Area: 7960.0000 Square Feet
  • Net Operating Income: 164000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 4000.00

Tax Info

  • Tax Lot: 3
  • Tax Tract: 4074
  • Tax Tract Number: 531...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 For Sale $2,580,000 -- $420 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22418

Pasadena-Foothills Association of REALTORS®