606 S Kern Avenue, East Los Angeles, California 90022, East Los Angeles, 90022 - 0 bed, 0 bath
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East Los Angeles, California 90022
This Value-Add Triplex Asset is listed at $699,000, currently positioned above the $571,338 Fair Market Value. The property features three detached units—a 2-bedroom, a 1-bedroom, and a studio—offering versatile income streams in a high-demand East Los Angeles corridor. Given the Condition Rating of 5 and its 1926 construction, the asset requires significant rehabilitation of major systems and interiors to reach peak market potential. Its proximity to local schools and freeway access ensures consistent tenant appeal. This project is ideal for Buy-and-Hold Investors or Contractors seeking a strategic modernization opportunity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 606 S Kern Avenue Subject | $699,000* List Price | 0 | 0 | 1,553 | $368 | - |
A 629 Eastmont Avenue Sold | $900,000 | 0 | 0 | 1,897 | $474 | 0.8 mi |
B 1313 S Woods Avenue Sold | $759,000 | 4 | 2 | 1,994 | $381 | 0.9 mi |
C 1313 S Woods Avenue Sold | $759,000 | 0 | 0 | 1,994 | $381 | 0.9 mi |
D 946 S Ferris Active | $730,000 List Price | 0 | 0 | 1,610 | $453 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1926, this century-old triplex is marketed as a 'value-add' investment opportunity with 'drive-by only' restrictions, which typically indicates the interior condition is not suitable for traditional showings. The property likely suffers from significant deferred maintenance and aging infrastructure typical of 100-year-old structures, requiring substantial rehabilitation of major systems, kitchens, and bathrooms to meet modern living standards.
The property features three detached units (2BR/1BA, 1BR/1BA, and a studio), providing multiple rental income streams and high versatility for an investor or owner-user.
Situated in a high-demand area of East Los Angeles, the property offers excellent proximity to schools, restaurants, shopping, and major freeway access, ensuring long-term tenant appeal.
With a significant price reduction from the original $750,000 to $699,000, this triplex is positioned as a competitive investment for those looking to capitalize on the area's growth.
The 'drive-by only' and 'do not disturb occupants' requirements prevent immediate interior inspections, creating a higher risk profile regarding the current condition of the units.
Built in 1926, the property likely requires modernization of major systems and may have deferred maintenance typical of century-old structures, necessitating a healthy capital expenditure budget.
Great investment opportunity in East Los Angeles..... 3 detached units. 1553 square feet. One unit with 2 bedrooms and 1 bath, second unit offers 1 bedroom and 1 bath, and third unit is a studio . Near shops, schools, restaurants and easy access to freeways. Please DO NOT DISTURB OCCUPANTS. DRIVE BY ONLY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,553 | 1,814.5 | 43% |
| Lot Size | 5,485 | 6,252 | 43% |
| Price | $699.0K | $747.0K | 29% |
| Price per sq ft | $450 | $446 | 50% |
| Built year | 1926 | 1928 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 355 | 260 | 79% |
Jan 13, 2026
$699,000
$710,000
-2% Price Drop
Initial Listing
Oct 8, 2025
$710,000
$740,000
-4% Price Drop
Initial Listing
Aug 28, 2025
$740,000
Initial Listing
May 2, 2025
$750,000
Initial Listing