
Los Angeles, California 90002
Analysis of 1527 E 92nd, Los Angeles, California 90002 is currently available with a list price of $899,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1923, the property is significantly aged but remains functional. The provided interior image shows a bathroom renovation likely performed 15-20 years ago (subway tile and basic vanity), which is move-in ready for tenants but dated. The exterior and parking area show wear consistent with a property needing minor repairs and system updates to reach full market potential.
This 7-unit multi-family asset offers significant rental income potential with a diverse unit mix, providing a strong foundation for cash flow in the competitive Los Angeles market.
Ideally situated near the Blue Line Light Rail and the 105 Freeway, the property offers excellent accessibility for commuters, increasing its desirability for a broad tenant base.
The seller's explicit motivation and openness to all offers present a unique opportunity for investors to negotiate favorable terms or a competitive purchase price.
Originally constructed in 1923, the property likely requires significant capital expenditures for repairs and modernization of its century-old systems.
The unit mix is heavily weighted toward studios and one-bedroom apartments, which can lead to higher tenant turnover compared to larger multi-bedroom units.
Opportunity! Prospective Buyers can realize incredible income Potential with this 7-Unit income property in the South Los Angeles area, conveniently located near the "Blue Line" Light Rail, 105 Freeway, local shopping, parks, and the historical "Watts Towers." The property consists of 7 units featuring a mix of two Studios, four 1-Bedroom/1-Bathroom units, and one 2-Bedroom/1-Bathroom unit (totaling 8 Bedrooms and 7 Bathrooms). Seller is highly motivated and encourages all offers. Bring All Offers!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 4,650 | 2,864 |
| Lot Size | 7,684 | 7,003 |
| Price | $899.0K | $1.58M |
| Price per sq ft | $193 | $319 |
| Built year | 1923 | 1929 |
| HOA | $0 | $907 |
| Days on market | 8 | 91 |
Jul 14, 2026
$899,000
Initial Listing
Jul 19, 2011
$1,000
Public Record
Apr 22, 2010
$1,000
Public Record