East Los Angeles Multifamily
606 S Kern Avenue East Los Angeles, CA 90022
606 S Kern Avenue, East Los Angeles, CA, 90022
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For Sale
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Multifamily property with three detached units in East Los Angeles.
Property Size1,553 SF
Price / SF$450.10
Days on Market444
Property Features for 606 S Kern Avenue
General Information
- Standard status
- Active
- Size
- 1,553 SF
- Property subtype
- Multifamily
Listing Agency
Re/Max Masters Realty
Listed by
Razieh Farzad · License #CA 01230673
Source
Crexi
Added: May 1, 2025 Checked: Jul 17 at 8:34 am
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, located in East Los Angeles, presents an investment opportunity. The property features three detached units totaling 1553 square feet. The unit mix includes one unit with 2 bedrooms and 1 bath, a second unit with 1 bedroom and 1 bath, and a studio. The property is situated near shops, schools, and restaurants, with convenient access to freeways.
Key Highlights
- Investment opportunity: Three detached units on one property.
- Total living space: 1553 square feet.
- Unit mix: One 2‑bedroom/1‑bath, one 1‑bedroom/1‑bath, and one studio unit.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.4k | $38.28 |
| − Vacancy | −$416 | −$0.27 |
| EGI | $59.0k | $38.01 |
| − OpEx | −$26.6k | −$17.11 |
| NOI | $32.5k | $20.91 |
1,553 SF · lease $38.28/SF/yr · vacancy 0.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$463.8K
$405.9K – $541.1K
NOI $32,468 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Multifamily property - Multifamily property with three detached units in East Los Angeles.
Where is this multifamily property located?
The property is located at 606 S Kern Avenue East 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: Investment opportunity: Three detached units on one property.; Total living space: 1553 square feet.; Unit mix: One 2‑bedroom/1‑bath, one 1‑bedroom/1‑bath, and one studio unit.
