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657 S Kern Ave Los Angeles, CA 90022

$655,000 Sold Price as of 01/03/2020

5 Beds
3 Baths
2,266 Sq.Ft.

Sold

$655,000 Sold Price as of 01/03/2020 Refinance Your Mortgage

Map preview of 657 S Kern Ave, Los Angeles, CA 90022

Property Overview: 657 S Kern Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,266 living square feet and 7,792 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Opportunity! TRIPLEX For Sale! Live-In One & Rent The Others. Front Unit Features: 2 Bedrooms, 1 Bath... Middle Unit Features: 2 Bedrooms, 1 Bath... Back Unit Features: 2 Bedrooms, 1 Bath. Each Unit Has 1 Car Garage, Plus Additional Parking... Great Rental Cash-Flow... Located In The Heart of East Los Angeles, Cross Street: Whittier Blvd... Within 10mins From Downtown Los Angeles, Bus Stops, Shopping Centers.

Listed by IMELDA RIOS | BRE #01459151 | Excellence RE Real Estate

Last checked: 5 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft: 7,792
HOA Dues: $0/mo
Year built: 1929
Garage: 3 Car
Property Type:: Multi Family

Status: Sold
MLS#: MB19188527
City: Los Angeles
County: Los Angeles
Time on Site: 1354 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 3
# of Electric Meters: 3
# of Gas Meters: 3
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,600
Total Rent: $1,600
Pro Forma/Market Rent: $1,700

Unit Breakdown 2

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,300
Total Rent: $1,300
Pro Forma/Market Rent: $1,700

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,300
Total Rent: $1,300
Pro Forma/Market Rent: $1,700

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $50,400
Net Operating Income: $50,400
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
New Taxes: $3,276
Trash: $0
Insurance: $3,276
Water/Sewer: $2,400

Property Details for 657 S Kern Ave

Interior Features

Laundry Information

No Laundry
None

Room Information

All Bedrooms Down

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 3
# of Parking Spaces: 3

Lot Information

Lot Features: 0-1 Unit/Acre, Front Yard
Lot Size Source: Assessor

Property Information

Common Walls: No Common Walls
Total # of Units: 3
Parcel Number: 5240001029
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Cross Street: Whittier Blvd

Neighborhood Information

Community Features: Sidewalks

View more facts & features

Local Los Angeles Agent

Sale History for 657 S Kern Ave

Last sold for $655,000 on January 3rd, 2020

January, 2020
Jan 5, 2020

Date

Sold

CRMLS: MB19188527

$655,000

Price
Nov 28, 2019

Date

Pending

CRMLS: MB19188527

$660,000

Price
Sep 30, 2019

Date

Active Under Contract

CRMLS: MB19188527

$660,000

Price
Sep 16, 2019

Date

Price Change

CRMLS: MB19188527

$660,000

Price
Aug 25, 2019

Date

Active

CRMLS: MB19188527

$670,000

Price
Aug 14, 2019

Date

Pending

CRMLS: MB19188527

$670,000

Price
Aug 7, 2019

Date

Active

CRMLS: MB19188527

$670,000

Price
January, 2020
Jan 3, 2020

Date

Sold (Public Records)

Public Records

$655,000

Price
September, 2017
Sep 29, 2017

Date

Canceled

CRMLS: PW17010252

$595,000

Price
Sep 21, 2017

Date

Price Change

CRMLS: PW17010252

$595,000

Price
Aug 5, 2017

Date

Active

CRMLS: PW17010252

$610,000

Price
Aug 5, 2017

Date

Price Change

CRMLS: PW17010252

$610,000

Price
May 17, 2017

Date

Hold

CRMLS: PW17010252

$589,900

Price
Jan 17, 2017

Date

Active

CRMLS: PW17010252

$589,900

Price
Listing provided courtesy of CRMLS

Great opportunity to own a Triplex in a prime area of east Los Angeles. Live in one and rent the others. All 3 units are 2 bedrooms 1 bathrooms each unit. Walking distance to shopping centers. Close to major freeways, 710 and 60 freeways. Call me for more information, don’t miss this great opportunity.

Continue Reading
November, 1995
Nov 15, 1995

Date

Sold (Public Records)

Public Records

$153,000

Price

Tax History for 657 S Kern Ave

Assessed Value (2020): $341,755

Year	Land Value	Improved Value	Assessed Value
2020	$197,461	$144,294	$341,755

Home Value Compared to the Market

This property vs the competition

657 S Kern Ave sold on January 3, 2020 for 41.07% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $291.26 per/sqft which puts the price per square foot 59.77% lower than the current median sale per square foot for the city of Los Angeles.

About 657 S Kern Ave

Detailed summary of property

657 S Kern Ave is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 5 bedrooms, 3 bathrooms, roughly 2,266 living square feet, and sits on an approximately 7,792 square foot lot. 657 S Kern Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $655,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.07% lower than the current median priced home. Local homes that are currently for sale include 1932 City View Ave, 2105 Keith St and 114 Vicente Fernandez St. While the average home in Los Angeles, CA is selling in 106 days, 657 S Kern Ave has a days on market of 33 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 657 S Kern Ave Los Angeles, CA 90022 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 657 S Kern Ave

Public county record property details

Beds: 5
Baths: 3
Year built: 1929
Sq. Ft.: 2,266
Lot Size: 7,792
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5240-001-029

The source for these homes facts are from public records.

90022 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$695,000

Median List Price/Sq.Ft.

$650

Median Sold Price

$640,000

Median Sold Price/Sq.Ft.

$494

Total Inventory

Median Sale to List Price %

101.6%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (50%)

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.