402 E 93rd Street, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
Loading property details...
Los Angeles, California 90003
This Prime Investment Opportunity is a Turnkey Duplex listed at $799,000, positioned well below the $820,230 Fair Market Value by 2%. This valuation gap offers $21,230 in Instant Equity. Featuring a Mint Condition Rating, the property includes a 1925 Spanish-style front home and a newly constructed 2024 rear unit, both with upgraded plumbing and electrical. With a private patio and dual-unit income potential, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 E 93rd Street Subject | $799,000* List Price | 0 | 0 | 1,725 | $475 | - |
A 351 E 92nd Sold | $640,000 | 3 | 2 | 1,374 | $466 | 0.1 mi |
B 8916 Mettler Avenue Sold | $690,000 | 3 | 2 | 1,187 | $581 | 0.2 mi |
C 403 E 91st Street Active Under Contract | $729,000 List Price | 3 | 2 | 1,642 | $444 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new rear unit completed in 2024 and a fully renovated 1925 front unit. It includes upgraded plumbing, new electrical panels, and modern kitchen and bathroom finishes, meeting the criteria for a recent renovation (less than 5 years) in mint condition.
The property features two distinct residences, including a newly constructed 2024 rear unit, providing an excellent opportunity for rental income, multi-generational living, or an owner-user looking to offset their mortgage.
Extensive improvements including upgraded plumbing, new electrical panels, and a brand-new secondary structure ensure modern functionality and reduced immediate maintenance costs for the buyer.
The front residence preserves its 1925 Spanish-style classic charm, offering timeless architectural details that provide a unique aesthetic appeal compared to standard modern developments.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1725, other record living area = 908.
With two separate dwellings situated on a 4,394-square-foot lot, the available yard space is significantly restricted, which may be a drawback for buyers prioritizing private outdoor living.
The placement of two units on a relatively small parcel creates a high-density living environment that may result in limited privacy between the front and rear residences.
This is an excellent opportunity for an owner-user seeking additional income potential or an investor looking for a turnkey duplex property in the centrally located and friendly, "Green Meadows," neighborhood. This beautifully upgraded property located at 402–404 E. 93rd Street in Los Angeles offers versatility, character, and strong income potential in the friendly Green Meadows neighborhood with convenient access to the 110 Freeway. The front residence is a vintage 1925 Spanish-style classic Los Angeles home featuring approximately 1000 square feet of living space with timeless architectural charm and character throughout with two bedrooms and two and one half baths. Complementing the property is a newly constructed rear unit, completed in 2024, offering approximately 848 square feet with two bedrooms and one full bath. Modern living space ideal for extended family, rental income, or multigenerational living. The property has undergone extensive improvements including upgraded plumbing and new electrical panels, blending historic charm with modern functionality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 5% |
| Baths | 0.0 | 1.0 | 5% |
| Square foot | 1,725 | 1,029 | 91% |
| Lot Size | 4,394 | 5,146.5 | 27% |
| Price | $799.0K | $619.5K | 93% |
| Price per sq ft | $463 | $531 | 23% |
| Built year | 1925 | 1924 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 184 | 5% |
May 19, 2026
$799,000
Initial Listing
Oct 13, 2020
$370,000
Public Record
Sep 18, 2020
$346,500
Public Record