312 E 92nd Street, Los Angeles, CA 90003
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
312 E 92nd Street,Los Angeles, CA 90003
$999,000
- 6 Beds
- - Baths
- 1,872 sq. ft.
- Multi-family
- Active
Listed by: sohyoen holthaus, koeun hwang
Office: urban real estate, inc.
MLS#:CL26641567
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$999,000
- Price per sq. ft.:$533.65
About this home
Welcome to a premier investment opportunity in the heart of Los Angeles, boasting an impressive 7.2% Cap Rate. This turn-key duplex is fully occupied and performing, featuring two spacious units each with 3 bedrooms and 1 bathroom. The property has undergone extensive updates over the last few years, ensuring a low-maintenance, tenant-ready experience from day one. All tenants are paying their utilities, so less expenses! Massive "forced appreciation" potential exists at the rear, where a long driveway leads to a garage and a ~600 sq. ft. legal storage room primed for conversion into a comfortable 1-bedroom ADU. With an additional 17 feet of driveway approach, there is room to expand the footprint into a 2 or 3-bedroom unit, or even build a second ADU above (buyer to verify). With the potential to collect almost $10,000 in monthly gross rent, this is a powerhouse addition to any portfolio. Call the listing agent or see private remarks for more details.
Contact an agent
Home facts
- Year built:1926
- Listing ID #:CL26641567
- Added:89 day(s) ago
- Updated:April 19, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:6
- Living area:1,872 sq. ft.
Heating and cooling
- Heating:Central
Structure and exterior
- Year built:1926
- Building area:1,872 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$999,000
- Price per sq. ft.:$533.65
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