506 S Kern Avenue

FULLY VACANT 4PLEX IN EAST LA
506 S Kern is a Fully Vacant 4 Unit Property in one of the fastest
growing neighborhoods in Los Angeles. The property consists an
ideal unit mix of (3) 2-Bed/1-Bath and (1) 1-Bed/1-Bath units. The
property has spacious floorplans and has been upgraded with new
floors, paint and kitchens, ensuring ease of management for future
tenants.

This tenant ready asset comes fully parked with 4 Tandem spots so
each unit gets 2 spaces, ensuring maximum potential rent.
Once leased, the property will operate at a 7.75% cap rate, making
this a one of a kind investment opportunity in East LA.
Whether you're an owner/user or an investor, this asset is primed for
strong cash flow from day one, in a neighborhood that is hard to
find something of this quality.
Situated in the heart of East LA, a submarket that is in close
proximity to major employment such as USC Keck Medical, East LA
Civic Center, Cal State LA as well as neighboring restaurants,
including Sofreh, Al & Beas, and others.