312 E 92nd Street, Los Angeles, CA 90003

  • $999,000
312 E 92nd Street, Los Angeles, CA 90003
Active
312 E 92nd Street, Los Angeles, CA 90003
312 E 92nd Street, Los Angeles, CA 90003
  • $999,000

Description

Welcome to a premier investment opportunity in the heart of Los Angeles, boasting an impressive 7.2% Cap Rate. This turn-key duplex is fully occupied and performing, featuring two spacious units each with 3 bedrooms and 1 bathroom. The property has undergone extensive updates over the last few years, ensuring a low-maintenance, tenant-ready experience from day one. All tenants are paying their utilities, so less expenses! Massive “forced appreciation” potential exists at the rear, where a long driveway leads to a garage and a ~600 sq. ft. legal storage room primed for conversion into a comfortable 1-bedroom ADU. With an additional 17 feet of driveway approach, there is room to expand the footprint into a 2 or 3-bedroom unit, or even build a second ADU above (buyer to verify). With the potential to collect almost $10,000 in monthly gross rent, this is a powerhouse addition to any portfolio. Call the listing agent or see private remarks for more details.

  • Address 312 E 92nd Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90003
  • Country US

Details

Updated on January 22, 2026 at 5:07 am
  • Property ID: 26641567
  • Price: $999,000
  • Property Size: 1872
  • Land Area: 0.1188 Acres
  • Bedrooms: 6
  • Bathrooms: 2
  • Garages: 2.0
  • Garage Size: x x
  • Year Built: 1926
  • Property Type: Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman