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Sold for $1,000,000 on 09/18/25
  • Listing Provided by: 

    James Oronoz DRE #02056694 714-203-6814,

    Circa Properties, Inc.

    Bought with: CENTURY 21 REALTY MASTERS
    $1,000,000

    723 S Kern Ave, Los Angeles, CA 90022

    8beds
    7baths
    2,991sqft
    Multi Family
    Built in 1947
    -- sqft lot
    $996,700 Zestimate®
    $334/sqft
    $-- Estimated rent

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    $6,152/mo

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    $6,152/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: September 19, 2025 at 09:35am

    Listing Provided by:

    James Oronoz DRE #02056694 714-203-6814,

    Circa Properties, Inc.

    Bought with:

    DANIEL PEREZ, DRE #01789400

    CENTURY 21 REALTY MASTERS

    Source: CRMLS,MLS#: PW25173489MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 7
    Appliances
    • Laundry: None
    Features
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall,No One Above
    Interior area
    • Total structure area: 2,991
    • Total interior livable area: 2,991 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Assigned
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 7,797 sqft
    • Features: Street Level
    Details
    • Parcel number: 5240002004
    • Zoning: LCR3*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Raised, Slab
    • Roof: Composition,Rolled/Hot Mop,Shingle
    Condition
    • New construction: No
    • Year built: 1947

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Community
    • Community features: Street Lights, Sidewalks, Urban
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Road surface type: Paved
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    Estimated market value
    $996,700