1333 W 92nd Street, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath

1333 W 92nd Street, Los Angeles, California 90044 home-pic-0
ACTIVE$885,000
1333 W 92nd Street, Los Angeles, California 90044
0Bed
0Bath
1,809Sqft
5,468Lot
Year Built
1924
Close
-
List price
$885K
Original List price
$905K
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
CV25129538
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $885.0K(75th), sqft - 1809(34th), beds - undefined(50th), baths - undefined(50th).

Welcome to this beautifully maintained Spanish-style 3 unit complex, combining timeless charm, modern functionality, and excellent investment potential. The front unit is a spacious single-family residence featuring 3 bedrooms and 2 bathrooms—ideal for an owner-occupant or as a highly desirable rental. The two rear units are identical 1-bedroom, 1-bathroom residences, perfect for tenants, extended family, or additional rental income. All units are upgraded with granite countertops, ample cabinet space, and newer laminate flooring. Recent improvements include a new roof on both rear units (2024), a new roof on the front unit (2018), and an upgraded main sewer line. The exterior was recently painted, showcasing pride of ownership and adding to the property’s inviting curb appeal. A beautifully paved driveway provides ample parking for all residents. Centrally located, just 5 minutes from SoFi Stadium, Hollywood Park Casino, and the Intuit Dome (home of the Clippers), and only 10 minutes from LAX and Downtown Los Angeles, this property offers unbeatable access to key attractions and transit. With strong rental income potential, low-maintenance upgrades, and flexible living arrangements, this is a rare opportunity you don’t want to miss! This home qualifies for America's Home Grant and a Down Payment Grant Program,(borrowers must meet certain qualifying requirements).

Price History

Date
Event
Price
05/01/03
Sold
$279,000
11/26/02
Sold
$175,000
Condition Rating
Fair

Built in 1924, this property has undergone significant recent maintenance, including new roofs (2018 & 2024) and an upgraded main sewer line, which are excellent structural improvements. The interiors feature 'upgraded granite countertops, ample cabinet space, and newer laminate flooring.' However, the style of the kitchens and bathrooms, while functional and clean, appears somewhat dated (likely 10-20 years old in aesthetic, not brand new). One bedroom clearly shows worn carpet needing replacement. The property also lacks central air conditioning, relying on wall heaters and fans, which is a significant drawback in Los Angeles. While well-maintained for its age and having crucial recent system updates, the overall interior aesthetic and some visible wear and tear, combined with the lack of modern amenities like central AC, place it in the 'fair' category, requiring minor updates or repairs to bring it to a 'good' standard.
Pros & Cons

Pros

Multi-Unit Income Potential: As a triplex, the property offers diversified income streams with a flexible configuration (3-bed owner-occupant unit plus two 1-bed rentals), maximizing investment return.
Prime Location & Accessibility: Strategically located just minutes from major entertainment venues (SoFi Stadium, Intuit Dome) and key transit points (LAX, Downtown LA), ensuring high rental demand and strong appreciation potential.
Extensive Recent Capital Improvements: Significant upgrades including new roofs (2018 & 2024), an upgraded main sewer line, and fresh exterior paint minimize immediate maintenance costs and enhance property longevity.
Modernized & Appealing Interiors: All units feature upgraded granite countertops, ample cabinetry, and newer laminate flooring, providing attractive, low-maintenance living spaces for tenants.
Enhanced Buyer Accessibility: Eligibility for America's Home Grant and a Down Payment Grant Program significantly expands the potential buyer pool, making the property more attractive and facilitating a smoother transaction.

Cons

Age-Related Infrastructure Concerns: Built in 1924, despite recent upgrades, the property may still possess older, unmentioned infrastructure (e.g., electrical, plumbing beyond sewer, foundation) that could require future investment.
Potentially Compact Unit Layouts: With 1809 sqft distributed across three units (one 3-bed, two 1-bed), individual unit sizes might be smaller than average, potentially limiting tenant appeal or rent ceiling for some demographics.
Unspecified HVAC Systems: The property description does not mention air conditioning, which could be a significant drawback for tenant comfort and market competitiveness in the Los Angeles climate.

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