1220 W 92nd Street, Los Angeles, California 90044, Los Angeles, 90044 - 4 bed, 2 bath

1220 W 92nd Street, Los Angeles, California 90044 home-pic-0
ACTIVE$799,000
1220 W 92nd Street, Los Angeles, California 90044
4Beds
2Baths
1,584Sqft
6,750Lot
Year Built
1923
Close
-
List price
$799K
Original List price
$829K
Price/Sqft
$504
HOA
-
Days on market
-
Sold On
-
MLS number
PW25248490
Home ConditionFair
Features
ViewCity Lights,Neighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $799.0K(50th), sqft - 1584(22th), beds - 4(84th), baths - 2(84th).

Welcome to 1220 W 92nd Street — a spacious and versatile duplex offering exceptional flexibility for both homeowners and investors alike. Located in one of South Los Angeles’ most dynamic and evolving corridors, this property delivers an ideal combination of comfort, convenience, and opportunity. Just minutes from SoFi Stadium, the Kia Forum, and the highly anticipated Intuit Dome, residents enjoy access to premier entertainment, shopping, dining, and transportation options — all while being close to major freeways and local schools. The duplex features two well-maintained units, each with 2 bedrooms and 1 bathroom, providing a total of 4 bedrooms and 2 bathrooms across the property. The layout offers plenty of options for multi-generational living, extended family arrangements, or income-producing rentals. Set on a generous 6,750 sq. ft. lot, the property includes ample off-street parking and is zoned LCR320U* — a Los Angeles County multi-family designation that allows up to three units by right (one per 2,000 sq. ft. of lot area). This zoning, paired with the size of the lot, opens the door for future expansion or redevelopment opportunities. In addition, there’s strong potential to add an Accessory Dwelling Unit (ADU) or Junior ADU under California’s progressive housing laws — perfect for generating additional income or creating private space for extended family. As South Los Angeles continues to thrive with ongoing infrastructure, commercial, and residential growth, this property presents a rare chance to secure a well-located duplex with multiple paths for use and appreciation. Whether you’re looking to expand your real estate portfolio, establish a multi-generational residence, or capitalize on the area’s growth, 1220 W 92nd Street delivers the space, zoning, and versatility to help you achieve your goals.

Price History

Date
Event
Price
11/07/25
Price Change
$799,000-2.6%
11/04/25
Price Change
$820,000-1.1%
10/28/25
Listing
$829,000
05/23/19
Sold
$495,000
10/24/14
Sold
$296,000
Condition Rating
Fair

Built in 1923, this duplex shows a mix of conditions. One kitchen (image 6) is very dated with old cabinets, countertops, and a mosaic backsplash, requiring a full renovation. The other kitchen (image 7) has been updated with painted light blue cabinets, granite-style countertops, modern stainless steel appliances, and recessed lighting, placing it in good condition. The bathroom (image 5) appears recently updated with modern tiling and vanity. However, the property still features older tile flooring in some areas (image 4) and a wall heater, indicating that major systems and overall aesthetics are not consistently modern. While some areas are well-maintained and updated, the significant age of the property and the presence of a very dated kitchen in at least one unit, along with likely original major systems, mean it requires more than minor updates to achieve a 'good' rating across the board. It is functional and livable but shows its age and has outdated components.
Pros & Cons

Pros

Significant Development Potential: The LCR320U* zoning on a 6,750 sq. ft. lot allows for up to three units by right, coupled with strong ADU/JADU potential, offering substantial future value and expansion opportunities.
Prime Location in Growth Corridor: Strategically located in a dynamic South Los Angeles area, minutes from major entertainment venues (SoFi Stadium, Kia Forum, Intuit Dome) and excellent transportation links, enhancing rental demand and appreciation.
Versatile Income-Generating Duplex: Comprising two independent 2-bedroom, 1-bathroom units, the property provides immediate rental income or flexible multi-generational living arrangements.
Generous Lot Size with Ample Parking: The 6,750 sq. ft. lot offers valuable outdoor space and sufficient off-street parking, a significant advantage in an urban environment.
Strong Appreciation Outlook: Positioned in an area experiencing significant ongoing infrastructure, commercial, and residential growth, promising future property value appreciation.

Cons

Historic Property Age: Built in 1923, the property likely has original systems (plumbing, electrical) that may require substantial capital expenditure for modernization and ongoing maintenance.
Unspecified Interior Modernization: While units are described as 'well-maintained,' the listing lacks details on recent interior renovations or modern finishes, potentially indicating dated aesthetics or functionality that may deter some buyers/tenants.
Recent Price Reductions: The property has undergone two price drops since its initial listing, which could suggest initial overpricing or a need for more aggressive marketing to attract buyers.

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