Search
4-Unit Multifamily Property
For Sale
$1,195,000

506 S Kern Ave, East Los Angeles, CA

Four vacant residences are offered ready for occupancy, with on-site parking and flexible leasing or owner-use options.

Property SizeContact for details
Lot Size0.14 Acres
Days on Market38

Property Features for 506 S Kern Ave

General Information

Standard status Active
Total Parking Spaces 4
Lot size 0.14 Acres
Property subtype Residential Income

Additional Details

Multifamily Units 4
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Aaron Jacobson · License #02100737
Source: Exprealty
Added: Jul 15 Changed: Aug 18 Last Checked: Aug 20 at 10:24AM

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 Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This quadplex includes four residential units, all offered vacant and ready for occupancy. The property sits on a 6,000+ square foot lot and provides four on-site parking spaces. Vacant delivery allows a new owner to lease the units without tenant relocation, while the configuration also supports occupying one residence and leasing the others.

Located at 506 S Kern Ave in East Los Angeles, the property is near the USC Keck School of Medicine, East Los Angeles Civic Center, and a collection of restaurants, cafés, and neighborhood amenities. Stabilization projections indicate a 7.23% cap rate and 9.88 GRM.

Key Highlights

  • Four‑unit multifamily property delivered fully vacant
  • 6,000+ square foot lot with four on‑site parking spaces
  • Units are move‑in ready for immediate leasing

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center HVAC Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

2,196
Businesses Nearby

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four vacant residences are offered ready for occupancy, with on-site parking and flexible leasing or owner-use options.
Where is this quadplex located?
The property is located at 506 S Kern Ave East Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Four‑unit multifamily property delivered fully vacant; 6,000+ square foot lot with four on‑site parking spaces; Units are move‑in ready for immediate leasing
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message