927 W 82nd Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$1,300,000
927 W 82nd Street, Los Angeles, California 90044
0Bed
0Bath
4,386Sqft
9,300Lot
Year Built
1929
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$296
HOA
-
Days on market
-
Sold On
-
MLS number
PW25097305
Home ConditionFair
Features
View-
About this home
We found 3 Cons,6 Pros. Rank: price - $1.30M(94th), sqft - 4386(94th), beds - undefined(50th), baths - undefined(50th).
Incredible Investment Opportunity – 4-Unit Property with Strong Rental Income. Welcome to this beautifully maintained and upgraded four-unit property, offering excellent income potential. Two of the four units feature 4 bedrooms, and one can be delivered vacant—perfect for owner-occupancy or repositioning for maximum returns. 929 ¾ has been fully remodeled, boasting new bathrooms with updated plumbing, new kitchen tile, quartz countertops, and newer flooring, creating a modern and inviting space. Unit 929 offers an updated kitchen and a redone ceiling in the living room, adding to its charm and functionality. All of the units have a new roof. Rental income is strong and stable. Whether you’re looking to expand your portfolio or house-hack while generating income, this property is a rare find that blends immediate cash flow with long-term upside.
Nearby schools
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.4mi
4/10
Manchester Avenue Elementary School
Public,•1-6•0.5mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.7mi
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.9mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.0mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.0mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.1mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.2mi
3/10
Loren Miller Elementary School
Public,•K-6•1.8mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.9mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.3mi
1/10
Horace Mann Junior High School
Public,•6-8•1.4mi
2/10
John Muir Middle School
Public,•6-8•1.5mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.2mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.5mi
2/10
George Washington Preparatory High School
Public,•9-12•2.0mi
9/10
Middle College High School
Public,•9-12•3.5mi
Price History
Date
Event
Price
03/29/19
Sold
$795,000
01/31/13
Sold
$505,000
06/30/05
Sold
$700,000
Condition Rating
Fair
The property was built in 1929, making it nearly a century old. While the listing highlights recent renovations in some units, including new bathrooms with updated plumbing, new kitchen tile, quartz countertops, and newer flooring in unit 929 ¾, and an updated kitchen in unit 929, the overall age of the property and the unspecified condition of the remaining units prevent a higher score. The images of the renovated bathroom show modern finishes, but other rooms appear lived-in and somewhat dated in style, despite potentially newer flooring. A new roof is a significant positive, but the general infrastructure (electrical, foundation, non-renovated plumbing) for a property of this age would likely show signs of being outdated or require further assessment, aligning with the 'Fair' category's description of an aged but maintained home with functional major components that may show signs of being outdated.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Strong Investment Potential: This is a 4-unit property explicitly marketed as an 'Incredible Investment Opportunity' with 'strong and stable rental income,' offering immediate cash flow and long-term upside.
Vacant Unit for Flexibility: One of the four units can be delivered vacant, providing excellent flexibility for owner-occupancy (house-hacking) or strategic repositioning to maximize rental returns.
Recent Unit Renovations: Unit 929 ¾ has been fully remodeled with new bathrooms (updated plumbing), new kitchen tile, quartz countertops, and newer flooring, while Unit 929 features an updated kitchen and redone living room ceiling.
New Roof Installation: All units benefit from a new roof, a significant capital improvement that reduces immediate maintenance concerns and adds long-term value to the property.
Spacious Unit Configuration: Two of the four units feature 4 bedrooms, which is highly attractive for larger families or shared living arrangements, potentially commanding higher rental income.
Cons
Age of Property & Potential Hidden Costs: Built in 1929, the property is nearly a century old. Despite recent renovations, older infrastructure not explicitly mentioned (e.g., electrical, foundation) could lead to unforeseen maintenance or upgrade costs.
Incomplete Renovation Details: While two units are highlighted as updated, the condition and modernization status of the remaining two units are not specified, suggesting they may require additional investment to match the renovated units.
Lack of Mentioned Amenities: The property description does not detail crucial amenities for multi-unit properties such as dedicated parking, in-unit laundry facilities, or common outdoor spaces, which can impact tenant desirability and market competitiveness.