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For sale
  • Listing Provided by: 

    James Oronoz DRE #02056694 714-203-6814,

    Circa Properties, Inc.

    $1,100,000

    723 S Kern Ave, Los Angeles, CA 90022

    8beds
    7baths
    2,991sqft
    : 
    Multi Family
    Built in 1947
    -- sqft lot
    $-- Zestimate®
    $368/sqft
    $-- HOA

    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.
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    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 03:54pm

    Listing Provided by:

    James Oronoz DRE #02056694 714-203-6814,

    Circa Properties, Inc.

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

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 723 S Kern Ave.

    Next available tour time:Today at 7pm

    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 Square Feet
    • 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 & HOA

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

    Financial & listing details

    • Price per square foot: $368/sqft
    • Date on market: 8/5/2025
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
    • Tenant pays: Electricity, Gas
    • Road surface type: Paved
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