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1612 E 92nd Street, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

1612 E 92nd Street, Los Angeles, California 90002 home-pic-0
ACTIVE$1,150,000
1612 E 92nd Street, Los Angeles, California 90002
0Bed
0Bath
3,809Sqft
7,715Lot
Year Built
1948
Close
-
List price
$1.15M
Original List price
$1.15M
Price/Sqft
$302
HOA
-
Days on market
-
Sold On
-
MLS number
PW25177349
Home ConditionExcellent
Features
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(92th), sqft - 3809(92th), beds - undefined(50th), baths - undefined(50th).

** Excellent Investment Opportunity ** New build from the ground up in 2020. A MASSIVE 2-Story building that boasts 3,809 sq/ft of living space on a 7,715 sq/ft Lot. Both units are 5 bedrooms and 3 bathrooms. Each unit has its own attached garage. The Property has a single car garage in the front of the property and a 2-car garage at the rear of the property. AMENITIES include- Dual pane windows, granite counter tops, wood cabinets, tile flooring in the Kitchen and Bathrooms, carpeted bedrooms and forced heat throughout. The property includes artificial lawn for minimal maintenance and water usage. Please do not disturb the occupants. AGENTS bring your INVESTORS. This is an Excellent Investment Opportunity to add to your portfolio or get started with a newer building.

Price History

Date
Event
Price
08/06/25
Listing
$1,150,000
07/25/19
Sold
$410,000
06/06/19
Sold
$335,000
Condition Rating
Excellent
Despite the original build year of 1948, the property was a 'new build from the ground up in 2020,' making it effectively 4-5 years old. This aligns perfectly with the 'Excellent' condition criteria for properties built within 10 years or extensively renovated within 5 years. The description highlights modern amenities such as dual pane windows, granite countertops, wood cabinets, tile flooring in kitchens and bathrooms, and forced heat, all indicative of new construction meeting current quality standards. The exterior images also support a well-maintained, contemporary appearance.
Pros & Cons

Pros

Recent Construction: Built from the ground up in 2020, this property offers modern construction standards, reduced immediate maintenance concerns, and adherence to current building codes.
High Income Potential: As a duplex with two spacious 5-bedroom, 3-bathroom units, it is ideally configured for maximizing rental income in the high-demand Los Angeles market.
Generous Living Space & Lot Size: Boasting 3,809 sq/ft of living space on a substantial 7,715 sq/ft lot, the property provides ample room for tenants and potential for future value appreciation.
Modern Interior Finishes: Equipped with dual-pane windows, granite countertops, wood cabinets, and tile flooring, the units offer attractive, contemporary finishes that enhance tenant appeal and minimize renovation needs.
Ample Parking & Low Maintenance: The property features multiple garages (attached and detached) providing abundant parking, complemented by artificial turf for minimal landscaping upkeep and water conservation.

Cons

Occupied Property Status: The presence of existing occupants may complicate showings, inspections, and due diligence processes for potential buyers, requiring careful coordination.
Absence of Air Conditioning: While forced heat is present, the description does not mention a cooling system, which could be a significant drawback for tenant comfort during warmer months in Los Angeles and impact marketability.
Standard Neighborhood View: The property offers a standard neighborhood view, lacking the premium appeal of panoramic city, ocean, or mountain vistas that could command higher rental rates or sale prices.

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