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724 S Kern Ave, Los Angeles, CA 90022
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724 S Kern Ave Los Angeles, CA 90022

$580,000 Sold Price as of 01/26/2021
  • 5 Beds
  • 3 Baths
  • 2,100 Sq.Ft.
Sold
$580,000 Sold Price as of 01/26/2021 Refinance Your Mortgage
Map preview of 724 S Kern Ave, Los Angeles, CA 90022

Property Overview: 724 S Kern Ave Los Angeles, CA has 5 bedrooms, 3 bathrooms, 2,100 living square feet and 7,992 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2 DETACHED HOMES ON 1 LOT IN GREAT "LOS ANGELES" AREA!!! FRONT HOUSE 3 BEDROOM 2 BATH WITH UNFINISHED BASEMENT AND LAUNDRY ROOM. REAR HOUSE 2 BEDROOM 1 BATH WITH LAUNDRY ROOM. NO GARAGE ON PROPERTY. CLOSE TO SHOPPING, WALKING DISTANCE TO BUSES AND ALL SCHOOLS. PROPERTY SOLD IN "AS-IS" CONDITION. DRIVE BY ONLY DO NOT DISTURB TENANTS. CALL AGENT FOR DETAILS!!!!!

Listed by YVONNE WELLING | BRE #01026523 | ELDORADO REALTY
Last checked: 8 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
7,992
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV20257456
City
Los Angeles
County
Los Angeles
Time on Site
1347 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $1,325
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $2,425
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 724 S Kern Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5240003005
  • 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: arizona ave
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Los Angeles Agent

Sale History for 724 S Kern Ave

Last sold for $580,000 on January 26th, 2021

  • January, 2021

  • Jan 30, 2021

    Date

    Sold

    CRMLS: CV20257456

    $580,000

    Price

  • Dec 19, 2020

    Date

    Pending

    CRMLS: CV20257456

    $575,000

    Price

  • Dec 15, 2020

    Date

    Active

    CRMLS: CV20257456

    $575,000

    Price

  • January, 2021

  • Jan 26, 2021

    Date

    Sold (Public Records)

    Public Records

    $580,000

    Price

  • December, 2020

  • Dec 28, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 724 S Kern Ave

Assessed Value (2020): $177,821
Year Land Value Improved Value Assessed Value
2020 $97,917 $79,904 $177,821

Home Value Compared to the Market

This property vs the competition

724 S Kern Ave sold on January 26, 2021 for 48.66% 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 $273.81 per/sqft which puts the price per square foot 62.18% lower than the current median sale per square foot for the city of Los Angeles.

About 724 S Kern Ave

Detailed summary of property

724 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 2,100 living square feet, and sits on an approximately 7,992 square foot lot. 724 S Kern Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $580,000. 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 48.66% lower than the current median priced home. Local homes that are currently for sale include 905 New Depot St, 903 New Depot St and 7805 Whitsett Ave. While the average home in Los Angeles, CA is selling in 106 days, 724 S Kern Ave has a days on market of 4 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 724 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 724 S Kern Ave

Public county record property details
Beds
5
Baths
3
Year built
--
Sq. Ft.
2,100
Lot Size
7,992
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5240-003-005

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
27
Median Sale to List Price %
101.6%
Avg Days on Market
32
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (0%), Other (50%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 724 S Kern Ave

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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.

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