331 W 92nd Street, Los Angeles, California 90003, Los Angeles, 90003 - 3 bed, 2 bath
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331 W 92nd Street
Los Angeles, California 90003
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,146Sq Ft
4,264Lot Size
Property Price
LIST PRICE$679,000
EST. MARKET VALUE
$556,889
21% AboveMARKET VALUE
SUMMARY
This 1924 residence represents a High-Potential Investment Opportunity, listed at a List Price of $679,000—positioned well above the $556,889 Fair Market Value by 21%. While the property requires updates, its Fair Condition Rating and 3-bedroom, 2-bathroom layout provide a functional foundation for value-add renovations. The home’s commuter-friendly location near major transportation routes enhances its long-term rental demand. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing cosmetic improvements to modernize this century-old structure.
Estimated Market Value
$556,889
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 331 W 92nd Street Subject | $679,000* List Price | 3 | 2 | 1,146 | $486 | - |
A 210 W 89th Sold | $625,000 | 4 | 2 | 1,300 | $481 | 0.2 mi |
B 205 W 98th Sold | $700,000 | 3 | 2 | 1,472 | $476 | 0.4 mi |
C 8916 Mettler Avenue Sold | $690,000 | 3 | 2 | 1,187 | $581 | 0.8 mi |
D 358 E Colden Avenue Sold | $650,000 | 3 | 1 | 1,183 | $549 | 0.7 mi |
E 137 W 84th Sold | $650,000 | 2 | 2 | 936 | $694 | 0.8 mi |
F 324 E 84th Sold | $697,200 | 3 | 1 | 1,008 | $692 | 0.9 mi |
G 220 W 98th Street Sold | $575,000 | 2 | 2 | 903 | $637 | 0.4 mi |
H 167 W 94th Street Active | $595,000 List Price | 3 | 2 | 1,240 | $480 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1924 and shows signs of a renovation likely completed 20-25 years ago. The kitchen features dated oak cabinetry and tile countertops, while the flooring consists of older ceramic tile and laminate. While functional and currently occupied, the home is dated and requires cosmetic updates and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Efficient Layout
The 3-bedroom, 2-bathroom configuration within 1,146 square feet provides a highly functional living space that is well-suited for families or as a rental investment.
- Value-Add Opportunity
The property serves as a solid foundation for renovation, offering significant potential for buyers to build equity through cosmetic or structural improvements.
- Commuter-Friendly Location
Positioned near major transportation routes and local amenities, the home offers convenient access to the broader Los Angeles area, enhancing its long-term desirability.
CONSRISKS & DEFICIENCIES
- Century-Old Construction
Built in 1924, the home may require substantial updates to its aging infrastructure and systems to ensure modern safety and efficiency standards.
- Compact Lot Size
The 4,264 square foot lot offers limited outdoor space, which may be a drawback for buyers seeking large yards or significant future property expansions.
About 331 W 92nd Street
Charming Los Angeles Property in a Convenient LocationWelcome to 331 W 92nd St, a fantastic opportunity in Los Angeles. This property offers a comfortable layout, excellent potential, and a convenient location close to local shopping, dining, schools, parks, and major transportation routes.The home provides a great foundation for buyers looking to make it their own, whether you're seeking a primary residence, investment property, or opportunity to add value. Enjoy easy access to the surrounding Los Angeles communities while being situated on a residential street.With its desirable location and versatile potential, 331 W 92nd St is a property worth seeing. Don't miss the opportunity to make this Los Angeles address your next home or investment.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1924
- Lot Size
- 4,264 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,146 | 1,664.159 |
| Lot Size | 4,264 | 6,066.556 |
| Price | $679.0K | $1.35M |
| Price per sq ft | $592 | $806 |
| Built year | 1924 | 1939 |
| HOA | $0 | $278 |
| Days on market | 8 | 55 |
Pricing History
Listed for Sale
Sep 1, 2026
$679,000
Initial Listing
Sold
Nov 4, 2004
$260,000
Public Record
Sold
Nov 21, 2003
$135,000
Public Record