Overview

Property ID: PW25173489

Apartment, Residential Income
Property Type

2991 Sqft
Area Size

1947
Year Built

Description

Investor’s dream in the heart of East Los Angeles, this multiple unit property at 723 Kern Ave presents a rare opportunity to acquire a high-density rental property totaling 7 apartments across nearly 3, 000 sq ft of living space. Whether you’re a buy-and-hold investor or looking for your next value-add project, this property offers the fundamentals that drive long-term returns. This is the kind of East LA asset that doesn’t hit the market often with stable income today, serious upside tomorrow. With a prime location in one of LA’s most competitive rental markets, 723 Kern Ave is ready for your portfolio.

Address

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Address: 723 S Kern Avenue
State/county: CA
Zip/Postal Code: 90022
Country: US

Details

Updated on September 19, 2025 at 4:35 pm

Property ID PW25173489
Price $1,100,000
Property Size 2991 Sqft
Land Area 0.179 Acres
Year Built 1947
Property Type Apartment, Residential Income
Property Status Closed

Additional details

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Roof Composition, Rolled/Hot Mop, Shingle
Utilities Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Sewer Public Sewer
County Los Angeles
Property Type Residential Income
Pool None
Parking Assigned
Community Features Street Lights, Sidewalks, Urban
Architectural Style Traditional