BACK ON THE MARKET! INCREDIBLE INVESTMENT OPPORTUNITY IN EAST LOS ANGELES! ZONED R3 WITH ADDITIONAL UNIT POTENTIAL! Welcome to this 2-bedroom, 1-bathroom home built in 1923, ideally situated on a corner lot in the heart of East Los Angeles. The property boasts a generously-sized lot with multiple entrances and a detached garage at the back. Investors, take note of the fantastic R3 zoning, offering the possibility to add more units to the property. Verify the potential use and zoning with the city/county to unlock its full potential. Though the property requires some tender loving care (TLC), its abundant potential makes it a true diamond in the rough. The location is highly desirable, providing easy access to major freeways, proximity to Downtown Los Angeles, the convenience of being near East L.A. College, shopping centers, parks, restaurants, and public transportation options. Additionally, the nearby Metro Train Station makes it easy to explore the city. Take advantage of the potential this property holds and turn it into a lucrative investment in one of Los Angeles's most promising communities. Act quickly as opportunities like this are rare!
Sold for $640,000
Listed by: RE/MAX MASTERS REALTY • Pierre Maajoun • Contact: 909-445-8100
Bought with: Keller Williams SELA
Tax assessed value
$640,000
677 S Kern Ave, Los Angeles, CA 90022
2beds
884sqft
Single Family Residence
Built in 1923
5,509 Square Feet Lot
$700,200 Zestimate®
$724/sqft
$3,040 Estimated rent
Home value
$700,200
$658,000 - $749,000
$3,040/mo
Zestimate® history
Owner options
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$4,097/mo
Est. payment
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Detached garageShopping centersMultiple entrances
Zillow last checked:
Listing updated:
Listed by:
Pierre Maajoun DRE #01860061 909-445-8100,
RE/MAX MASTERS REALTY,
John Malinoski DRE #02054807 909-498-6209,
RE/MAX MASTERS REALTY
Bought with:
Wendy Miranda, DRE #02057725
Keller Williams SELA
Source: CRMLS,MLS#: CV23139711
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Kitchen, Living Room
Bathroom
- Features: Walk-In Shower
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Cooktop, Water Heater
- Laundry: None
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 884 sqft
Property
Parking
- Total spaces: 2
- Parking features: Door-Single, Driveway, Garage
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Front Door
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 5,509 Square Feet
- Features: Corner Lot, Front Yard
Details
- Parcel number: 5240001032
- Zoning: LCR3*
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $724/sqft
- Tax assessed value: $640,000
- Annual tax amount: $8,388
- Date on market: 8/4/2023
- Cumulative days on market: 104 days
- Listing terms: Cash,Conventional,FHA,Submit,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2024 | Sold | $640,000+11.3%$724/sqft |
Source:  CRMLS #CV23139711 Report a problem | ||
| 8/20/2024 | Listed for sale | $574,900$650/sqft |
Source: CRMLS #CV23139711 Report a problem | ||
| 12/14/2013 | Listing removed | $1,800$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 12/4/2013 | Price change | $1,800-2.7%$2/sqft |
Source: Zillow Rental Network Report a problem | ||
| 11/27/2013 | Listed for rent | $1,850$2/sqft |
Source: Zillow Rental Network Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,388 +515.2% | $640,000 +1046% |
| 2024 | $1,364 +1.4% | $55,848 +2% |
| 2023 | $1,345 +3.2% | $54,754 +2% |
| 2022 | $1,303 +1.5% | $53,681 +2% |
| 2021 | $1,283 0% | $52,629 +1% |
| 2020 | $1,283 | $52,090 +2% |
| 2019 | $1,283 +12.1% | $51,069 +2% |
| 2018 | $1,145 | $50,069 +2% |
| 2017 | $1,145 +1.9% | $49,088 +2% |
| 2016 | $1,123 +2.9% | $48,127 +1.5% |
| 2015 | $1,091 +1.1% | $47,405 +2% |
| 2014 | $1,079 | $46,478 +2.5% |
| 2012 | -- | $45,363 +2% |
| 2011 | -- | $44,474 +0.8% |
| 2010 | -- | $44,142 -0.2% |
| 2009 | -- | $44,248 +2% |
| 2008 | -- | $43,382 +2% |
| 2007 | -- | $42,532 +2% |
| 2006 | -- | $41,699 |
| 2005 | -- | $41,699 +4% |
| 2004 | -- | $40,083 +1.9% |
| 2003 | -- | $39,349 +2% |
| 2002 | -- | $38,578 +4% |
| 2000 | -- | $37,083 |
Find assessor info on the county website
Neighborhood: 90022
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Nearby schools
GreatSchools rating
- 7/10Humphreys Avenue Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10David Wark Griffith Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10James A. Garfield Senior High SchoolGrades: 9-12Distance: 0.4 mi
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Estimated market value
$700,200
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$700,200
- California
- Los Angeles County
- East Los Angeles
- 90022
- 677 S Kern Ave
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