729 S Kern Avenue, Los Angeles, California 90022, Los Angeles, 90022 - bed, bath
ACTIVE$2,580,000
729 S Kern Avenue, Los Angeles, California 90022
0Bed
0Bath
6,148Sqft
7,960Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
New Construction & Modern Amenities: Built in 2020, the complex features modern construction, up-to-code fire sprinkler systems, central A/C, heating, recessed lighting, and contemporary finishes throughout, minimizing immediate maintenance concerns.
Top Cons:
Owner-Managed Common Areas: Without a formal HOA or property management mentioned, the owner will be directly responsible for all common area maintenance (beyond gardening) and managing tenant relations across four units, which can be demanding.
Compared to the nearby listings
Price:$2.58M vs avg $820.0K (+$1,760,000)94%
Size:6,148 sqft vs avg 1,994 sqft94%
Price/sqft:$420 vs avg $40859%
More Insights
Built in 2020 (5 years old).
Condition: This property was built in 2020, making it virtually new construction (4 years old). The description and images confirm modern amenities throughout, including recessed lighting, contemporary cabinetry in the kitchen, new appliances, laminate flooring, central A/C, heating, and up-to-code fire sprinkler systems. Both the kitchen and bathrooms appear to be in pristine, modern condition with no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' criteria.
Year Built
2020
Close
-
List price
$2.58M
Original List price
$2.58M
Price/Sqft
$420
HOA
-
Days on market
-
Sold On
-
MLS number
P1-22418
Home ConditionExcellent
Features
Deck
View
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.
Condition Rating
Excellent
This property was built in 2020, making it virtually new construction (4 years old). The description and images confirm modern amenities throughout, including recessed lighting, contemporary cabinetry in the kitchen, new appliances, laminate flooring, central A/C, heating, and up-to-code fire sprinkler systems. Both the kitchen and bathrooms appear to be in pristine, modern condition with no signs of wear or deferred maintenance, aligning perfectly with 'Excellent' criteria.
Pros & Cons
Pros
New Construction & Modern Amenities: Built in 2020, the complex features modern construction, up-to-code fire sprinkler systems, central A/C, heating, recessed lighting, and contemporary finishes throughout, minimizing immediate maintenance concerns.
High Rental Income & Low Operating Costs: Explicitly marketed for its high rental income potential and low maintenance, with the owner only responsible for gardener fees, making it an attractive investment opportunity.
Prime Location & Accessibility: Situated in a high-demand East Los Angeles location, offering excellent connectivity to 60 and 710 FWYs, and a short 10-15 minute drive to downtown, USC, and K-town.
Spacious & Fully Equipped Units: Each of the four townhouse-style units boasts 4 bedrooms, 3 bathrooms, over 1500 square feet, an open floor plan, modern cabinetry, all major appliances, and individual indoor laundry facilities.
Individual Garages & Security Features: Each unit includes an attached two-car garage, enhancing convenience and security, complemented by wrought iron and block wall fencing around the property.
Cons
Owner-Managed Common Areas: Without a formal HOA or property management mentioned, the owner will be directly responsible for all common area maintenance (beyond gardening) and managing tenant relations across four units, which can be demanding.
Limited Private Outdoor Space: While units feature balconies, the property's density as a quadruplex on a 7960 sqft lot suggests minimal private yard space per unit, potentially limiting appeal for tenants desiring more extensive outdoor living.
Potential for Guest Parking Issues: Each unit has an attached two-car garage, but the description does not mention dedicated guest parking, which could pose a challenge in a dense urban environment for 4-bedroom units likely to house multiple adults.