307 N Kern Avenue, East Los Angeles, California 90022, East Los Angeles, 90022 - 2 bed, 1 bath
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307 N Kern Avenue
East Los Angeles, California 90022
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,104Sq Ft
2,675Lot Size
Property Price
LIST PRICE$640,000
EST. MARKET VALUE
$588,639
8% AboveMARKET VALUE
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $640,000—positioned well below the $588,639 Fair Market Value by -8%. While the property is priced above the current estimation, its Fair Condition Rating and versatile layout, including a converted basement and bonus rooms, offer significant functional utility. Located near the E Line and Downtown Los Angeles, this home provides excellent commuter connectivity. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic, transit-oriented starter home.
Estimated Market Value
$588,639
Based on Realkey algorithm analyzing recent comparable sales in East Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 307 N Kern Avenue Subject | $640,000* List Price | 2 | 1 | 1,104 | $533 | - |
A 4742 Eagle Sold | $560,000 | 3 | 1 | 953 | $588 | 0.7 mi |
B 203 N Kern Active | $700,000 List Price | 3 | 2 | 1,140 | $614 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1928 with interior updates (tile flooring, recessed lighting, and bathroom) that appear to be 20-25 years old. The property lacks central HVAC as evidenced by window units, and the bathroom finishes are dated. While functional and move-in ready as a starter home, it requires modernization of systems and cosmetic updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Accessibility
Ideally situated near the E Line, major bus routes, and just minutes from Downtown Los Angeles, offering excellent connectivity for commuters.
- Versatile Living Space
The inclusion of a converted basement and additional bonus rooms significantly increases the functional square footage beyond the standard two-bedroom layout.
- Strategic Location
Located in a convenient East Los Angeles neighborhood close to schools, shopping, and dining, making it an attractive option for first-time buyers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2675, other record lot size in square feet = 2875.
- Limited Lot Size
With a lot size of only 2,675 square feet, the property offers minimal outdoor space and restricted potential for future structural expansions.
- Vintage Infrastructure
Built in 1928, the home may require updates to its aging systems and infrastructure to meet modern standards and efficiency.
About 307 N Kern Avenue
BEAUTIFUL 2 BEDROOM 1 BATH HOME IN A VERY CONVENIENT EAST LOS ANGELES NEIGHBORHOOD. NEAR MANY AMENITIES, EASY ACCESS TO E LINE, BUS TRANSPORTATION, SHOPPING, RESTRAUNTS, SCHOOLS, ONLY MINUTES FROM DOWN TOWN LOS ANGELES. PROPERTY HAS A CONVERTED BASEMENT AND A COUPLE OF BONUS ROOM. PERFECT STARTER HOME.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 2,675 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 1.0 | 1.8 |
| Square foot | 1,104 | 1,233.667 |
| Lot Size | 2,675 | 4,996.333 |
| Price | $640.0K | $693.8K |
| Price per sq ft | $580 | $652 |
| Built year | 1928 | 1938 |
| HOA | $0 | $0 |
| Days on market | 6 | 89 |
Pricing History
Listed for Sale
Sep 3, 2026
$640,000
Initial Listing
Sold
Jun 28, 2013
$232,500
Public Record
Sold
Jun 7, 2005
$340,000
Public Record
Sold
Nov 19, 2002
$155,000
Public Record
Sold
Aug 2, 2001
$75,000
Public Record