$999,000

312 E 92nd Street, Los Angeles, CA 90003

  • 6 beds |
  • 2 baths |
  • 1,872 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1926
  • Property Lot Size Icon5,175sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $534/sqft
  • Property List Date Icon Listed 25 days ago

Property Description

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.

Listing Status:
Active
Date Added:
January 21, 2026
Data Last Updated:
February 15, 2026 at 4:16PM
Listing Office:
Urban Real Estate, Inc. : 213-318-0777
Listing Agent:
Sohyoen Holthaus : 949-656-5643
MLS ID:
26641567
  • General: Ceiling Fan(s)
  • Appliances: Disposal
  • Heating: Central
  • Parking: Door-MultiGaragePavedParking spaces: 6
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR16052024033
  • Source: CRMLS_CL

This listing courtesy of Sohyoen Holthaus , Urban Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

9

93rd Street Elementary School

330 E 93rd St, Los Angeles, CA, 90003

Grades KG-6

0.12 miles away

B

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

1.05 miles away

D

Dymally High School

8800 S San Pedro St, Los Angeles, CA, 90003

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby