1226 S Kern Avenue Los Angeles, CA 90022

Duplex Residence

5 Beds

3 Baths

1,687 Sq. Ft.

0.14 Acre Lot

Property Activity

Time on Site

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Last updated on 4/30/2024 3:10 AM

Listing Details

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 belo...w-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 additio Continue reading

MLS#

CRCV24076048

Property Type

Duplex

Bedrooms

Bathrooms

3 Full

Year Built

1929

Square Feet

1,687 sq. ft

Lot Size