Detached Triplex With Mixed Unit
For Sale
$699,000
606 S Kern Ave, Los Angeles, CA 90022
Three separate residences provide a two-bedroom unit, one-bedroom unit, and studio configuration.
Property Size1,553 SF
Price / SF$450.10
Days on Market531
Property Features for 606 S Kern Ave
General Information
Standard status
Active
Size
1,553 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units
3
Additional Details
Highway Access
Yes
Building Details
Buildings
3
Listing Agency:
RE/MAX Masters Realty
(604) 926-6233
Listed By:
Razi Farzad · License #01230673
(909) 373-5093
Source:
Exprealty
Added: May 2, 2025
Changed: Oct 4
Last Checked: Oct 12 at 9:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Masters Realty
Investment Insights
Based on property information with market context.
This multifamily property comprises three detached residences totaling 1,553 square feet. The unit mix includes one two-bedroom, one-bath residence; one one-bedroom, one-bath residence; and a studio. The separate-unit layout provides a clearly defined residential configuration within a single property.
The property is located at 606 S Kern Ave in Los Angeles, California 90022, near shops, schools, and restaurants. Freeway access is also identified as convenient, adding transportation connectivity to the surrounding residential setting.
The property is located at 606 S Kern Ave in Los Angeles, California 90022, near shops, schools, and restaurants. Freeway access is also identified as convenient, adding transportation connectivity to the surrounding residential setting.
Key Highlights
- Three detached residential units
- 1,553 square feet total
- Unit mix includes one 2‑bedroom, 1‑bath unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,613
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,260
$712.3K
Cap Rate 7%
$508,757
$508.8K
Cap Rate 9%
$395,700
$395.7K
Market Conditions
NOI Build-Up for 1,553 SF
Gross rent
$52.2K $33.60/SF
− Vacancy
−$1.3K −$0.84/SF
EGI
$50.9K $32.76/SF
− OpEx
−$15.3K −$9.83/SF
NOI
$35.6K $22.93/SF
Area
ZIP 90022
Vacancy
2.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$712,260
Cap Rate 7%
$508,757
Cap Rate 9%
$395,700
Alternative Uses
Best Use
Multifamily LT 5
$508.8K
$445.2K – $593.6K
NOI $35,613 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$463.8K
$405.9K – $541.1K
NOI $32,468 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$632.7K
$553.7K – $738.2K
NOI $44,292 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,994
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences provide a two-bedroom unit, one-bedroom unit, and studio configuration.
Where is this triplex located?
The property is located at 606 S Kern Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Three detached residential units; 1,553 square feet total; Unit mix includes one 2‑bedroom, 1‑bath unit
