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

$787,888 Sold Price as of 02/16/2024
  • 7 Beds
  • 4 Baths
  • 2,073 Sq.Ft.
Sold
$787,888 Sold Price as of 02/16/2024 Refinance Your Mortgage

Map preview of 950 S Kern Ave, Los Angeles, CA 90022

Property Overview: 950 S Kern Ave Los Angeles, CA has 7 bedrooms, 4 bathrooms, 2,073 living square feet and 6,577 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property is a fixer and will have both units delivered vacant. The seller may require up to 45 day lease back. This is an opportunity to pick up a multi-family property that is perfect for an investor or owner-user. Shown by appointment only and will need 48 hours notice.

Listed by Brock J Worthen | BRE #01351221 | Keller Williams Realty Los Feliz
Last checked: 6 minutes ago | Last updated: February 18th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,577
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23337389
City
Los Angeles
County
Los Angeles
Time on Site
298 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,875
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 950 S Kern Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway, Detached Carport, Driveway - Combination
Property Information
  • No View
  • View: None
  • Total # of Units: 2
  • Parcel Number: 5246021025
  • Architectural Style: Traditional
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Take the 5 and exit Olympic, take then t S. Arizona, then turn onto S. Kern Ave.
View more facts & features

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Sale History for 950 S Kern Ave

Last sold for $787,888 on February 16th, 2024
  • February, 2024

  • Feb 16, 2024

    Date

    Sold

    CRMLS: 23337389

    $787,888

    Price

  • Dec 5, 2023

    Date

    Active

    CRMLS: 23337389

    $725,000

    Price

  • August, 2004

  • Aug 25, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2004

  • Aug 20, 2004

    Date

    Sold (Public Records)

    Public Records

    $385,000

    Price

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Tax History for 950 S Kern Ave

Assessed Value (2020): $490,691
Year Land Value Improved Value Assessed Value
2020 $280,396 $210,295 $490,691

Home Value Compared to the Market

This property vs the competition

950 S Kern Ave sold on February 16, 2024 for 35.27% 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 $349.73 per/sqft which puts the price per square foot 51.69% lower than the current median sale per square foot for the city of Los Angeles.

About 950 S Kern Ave

Detailed summary of property

950 S Kern Ave is a multi family that recently sold in Los Angeles, CA 90022. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 2,073 living square feet, and sits on an approximately 6,577 square foot lot. 950 S Kern Ave was first listed on ArdentRealEstateGroup.com on December 5, 2023. The homeowner sold the property for $787,888. 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 35.27% lower than the current median priced home. Local homes that are currently for sale include 4032 City Terrace Dr, 1212 Spence St and 923 N Alma Ave. While the average home in Los Angeles, CA is selling in 106 days, 950 S Kern Ave has a days on market of 13 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 950 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 950 S Kern Ave

Public county record property details
Beds
5
Baths
3
Year built
1961
Sq. Ft.
2,073
Lot Size
6,571
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5246-021-025

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%)

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Related Resources to 950 S Kern Ave

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.