1114 S Kern Avenue, Los Angeles, CA 90022
List Price: $719K
Listing Status: Pending
Original List Price: $739K
0Days on Market: 140
6 Bedrooms · 5 Bathrooms · 2,753 sq ft
Property Type: ResidentialIncome
Year Built: 1924
Lot Size: 6,209 sq ft
MLS Number: 25584939
About This Property
This fixer-upper triplex presents an incredible investment opportunity for those looking to expand their portfolio. According to property assessor records, the property is classified as a triplex, offering a variety of living spaces with strong rental potential. The front house is currently configured as a 2-bedroom, 1-bath single-family home, with a separate studio unit in the rear portion featuring a bath and outdoor laundry hookups. Additionally, the property includes two townhouse-style units, each offering 2 bedrooms and 1.5 baths. On the first floor, tenants enjoy a spacious living room, dining area, kitchen, and a half bath, while the second floor features two well-sized bedrooms and a full bath. A long driveway provides ample parking, and a detached 2-car garage, currently used for storage, adds extra utility. At the back of the property, there is a covered patio or potential carport. This property is in need of repairs and is being sold as-is, making it an excellent option for investors looking to renovate and increase rental value. The sale includes current tenants in place, and interested buyers are kindly asked to not disturb tenants. Whether you're seeking a long-term income property or a renovation project with great upside potential, this triplex is a fantastic opportunity.
Listing provided by: Hilda Hernandez DRE #01218052 626-440-5100 hildahernandez98@gmail.com, Berkshire Hathaway HomeServices California Properties
Source: CRMLS