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1017 W 92nd St, Los Angeles, CA 90044
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1017 W 92nd St Los Angeles, CA 90044

$800,000 Sold Price as of 03/13/2020
  • 8 Beds
  • 4 Baths
  • 2,484 Sq.Ft.
Sold
$800,000 Sold Price as of 03/13/2020 Refinance Your Mortgage
Map preview of 1017 W 92nd St, Los Angeles, CA 90044

Property Overview: 1017 W 92nd St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,484 living square feet and 9,403 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to this South Los Angeles triplex that has been recently renovated and ready for market rents or owner-users. The unit mix is one 4 bedroom, 2 bath, and two 2 bedroom, 1 bath. Each unit is detached so it feels like 3 single family homes. Market rents are set to bring in over $7200/month in total rental income making this opportunity an ~8% cap rate!

Listed by Daniel "Dow" Chang | BRE #01904714 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
9,403
HOA Dues
$0/mo
Year built
1916
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
SB20002787
City
Los Angeles
County
Los Angeles
Time on Site
1216 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 0
  • # of Electric Meters: 3
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,905
  • Total Rent: $2,905
  • Pro Forma/Market Rent: $2,905
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,151
  • Total Rent: $2,151
  • Pro Forma/Market Rent: $2,151
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 7.92%
  • Gross Rent Multiplier: 9.24
  • Gross Scheduled Income: $86,484
  • Net Operating Income: $63,255
  • Gross Operating Income: $82,160
  • Vacancy Allowance: $4,324
Annual Expense Breakdown
  • Total Operating Expense: $18,905
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $9,988
  • Trash: $1,200
  • Gardener: $1,200
  • Insurance: $994
  • Maintenance: $4,324
  • Water/Sewer: $1,200

Property Details for 1017 W 92nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6047020025
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Vermont/92nd
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1017 W 92nd St

Last sold for $800,000 on March 13th, 2020

  • March, 2020

  • Mar 20, 2020

    Date

    Sold

    CRMLS: SB20002787

    $800,000

    Price

  • Mar 16, 2020

    Date

    Hold

    CRMLS: SB20002787

    $799,000

    Price

  • Feb 13, 2020

    Date

    Pending

    CRMLS: SB20002787

    $799,000

    Price

  • Feb 3, 2020

    Date

    Active

    CRMLS: SB20002787

    $799,000

    Price

  • Jan 17, 2020

    Date

    Pending

    CRMLS: SB20002787

    $799,000

    Price

  • Jan 6, 2020

    Date

    Active

    CRMLS: SB20002787

    $799,000

    Price

  • March, 2020

  • Mar 13, 2020

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • March, 2011

  • Mar 8, 2011

    Date

    Sold (Public Records)

    Public Records

    $247,000

    Price

Show More

Tax History for 1017 W 92nd St

Assessed Value (2020): $289,766
Year Land Value Improved Value Assessed Value
2020 $234,291 $55,475 $289,766

Home Value Compared to the Market

This property vs the competition

1017 W 92nd St sold on March 13, 2020 for 32.86% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $321.66 per/sqft which puts the price per square foot 57.4% lower than the current median sale per square foot for the city of Los Angeles.

About 1017 W 92nd St

Detailed summary of property

1017 W 92nd St is a triplex that recently sold in Los Angeles, CA 90044. This triplex offered 8 bedrooms, 4 bathrooms, roughly 2,484 living square feet, and sits on an approximately 9,403 square foot lot. 1017 W 92nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $800,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.86% lower than the current median priced home. Local homes that are currently for sale include 1344 W 98th St, 725 W 85th St and 1307 W 101st St. While the average home in Los Angeles, CA is selling in 93 days, 1017 W 92nd St has a days on market of 14 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1017 W 92nd St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1017 W 92nd St

Public county record property details
Beds
7
Baths
3
Year built
1916
Sq. Ft.
2,484
Lot Size
9,402
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
51
APN
6047-020-025

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$660,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
80
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

Thinking of Selling?

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(714) 706-1823

Homes for Sale Near 1017 W 92nd St

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Recently Sold Homes Near 1017 W 92nd St

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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