312 E 92nd Street
$814,000

312 E 92nd Street

1,872 Sq.Ft. 5,177 Sq.Ft.

Description

Welcome to the best opportunity in Los Angeles. Property currently consists of 2 units. Each unit has 3 bedrooms and 1 bathroom. Property has had many updates in the last few years so this property is ready for you or your tenants. 1 unit is already vacant. The long driveway in the front leads to a
Garage and legal storage room at rear of the property measures close to 600 sq. ft. This space can be converted to a very comfortable 1 bedroom ADU. There is an addition 17 ft of driveway approach that can be used for parking or can be used to enlarge the exiting space and get 1 to possibly 2 addition bedrooms and now have a 2-3 bedroom ADU. Buyers to verify but an additional ADU above the first floor space provides the possibility of having 2 ADU's. This is the investment and opportunity to collect more than $10,000 per month of Gross Rent.
Don't let this opportunity get away. Call listing agent or read private remarks for additional details.
Property back on the market 1/22/24 at no fault of property. FHA Appraisal is in $860,000.

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Location

312 E 92nd Street, Los Angeles, CA 90003

Status

Sold

Date Sold

April 19, 2024

Property Amenities

Interior
Laundry room Inside, Outside
Area & Lot
Total area 1,872 Sq.Ft.
Lot Area 5,177 Sq.Ft.
Living area 1,872 Sq.Ft.
MLS® ID DW23188076
Year Built 1926
Type Multi-Family
Status Sold
Exterior
Stories 1
Pool None
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Lot Features 2-5 Units/Acre, Back Yard
Finance
Sales Price $814,000

Work With Karina

Whether you’re buying your first home, selling a trust property, or navigating a probate sale, my goal is always the same: to provide honest guidance, strong advocacy, and a smooth experience from beginning to end. Real estate is about people, not just properties and I would be honored to help you take your next step.