1478 E 92Nd St, Los Angeles, CA 90002
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1478 E 92Nd St Los Angeles, CA 90002

$1,475,000
  • 36864 Beds
  • 36864 Baths
  • 6,990 Sq.Ft.
For Sale
$1,475,000 Get Pre-Qualified

Map preview of 1478 E 92Nd St, Los Angeles, CA 90002

Property Overview: 1478 E 92Nd St Los Angeles, CA has 36864 bedrooms, 36864 bathrooms, 6,990 living square feet and 18,505 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Major Price Improvement on this Jewel in the Heart of Los Angeles! Looking for Investors / Developers who have a vision and need some space to build some units. A perfect mix use property with an established Church to the front, and a fourplex to the rear, which is situated on a huge 18,514 sf lot! There is plenty of parking space on this lot as well! This lot is ideal for developers looking for a large lot to built upon, or an Investor looking to add additional units! The possibilities are endless! The Church has a capacity of approximately 200 people, with a balcony area for the choir or organ player, in addition to an attached kitchen and banquet room, attached to the rear of the Church. There is also some office spaces which pertains to the Church area as well, which are located in between the Church and the Church Hall. Detached from the Church is a fourplex, with each unit consisting of a nice and cozy, 1 bedroom, 1 bath, kitchen area, and living room areas. All units are being rented at this time, as is the Church, with annual leases set to expire this year. If you are looking for a large lot, with a potential to build upon, in the heart of Los Angeles, this is the lot for you! Look No Further!

Listed by William Preciado | BRE #01302534 | Century 21 Realty Masters
Last checked: 3 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 118
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Home details

Lot Sq. Ft
18,505
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
DW24000699
City
Los Angeles
County
Los Angeles
Time on Site
126 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 38342
  • Total # of Buildings: 2
  • # of Leased Units: 5
Unit Breakdown 1
  • # of Units: 9217
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $834
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 9215
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $834
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 9215
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $884
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1478
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $2,500
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 9217
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $884
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $71,232
  • Net Operating Income: $52,236
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,996
  • Trash: $4,740
  • Insurance: $5,432
  • Professional Management: $7,200
  • Water/Sewer: $2,400

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Property Details for 1478 E 92Nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Chain Link, Wrought Iron
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Utilities - Overhead, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 38342
  • Parcel Number: 6048001018
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: East or West on 92nd Street, to Compton Boulevard / Firth Avenue.
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Sale History for 1478 E 92Nd St

Last sold on April 7th, 1987
  • January, 2024

  • Jan 9, 2024

    Date

    Active

    CRMLS: DW24000699

    $1,550,000

    Price

  • April, 1987

  • Apr 7, 1987

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1478 E 92Nd St

Assessed Value (2020): $312,201
Year Land Value Improved Value Assessed Value
2020 $107,096 $205,105 $312,201

Home Value Compared to the Market

This property vs the competition

1478 E 92Nd St is listed 19.43% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $211.02 per/sqft which puts the price per square foot 72.74% lower than the median price per square foot for the city of Los Angeles.

About 1478 E 92Nd St

Detailed summary of property

1478 E 92Nd St is a mixed use located in Los Angeles, CA 90002 and is currently for sale. This mixed use property offers 36864 bedrooms, 36864 bathrooms, roughly 6,990 living square feet, and sits on an approximately 18,505 square foot lot. 1478 E 92Nd St was first listed on ArdentRealEstateGroup.com on January 4, 2024. The homeowner is currently asking $1,475,000 and was originally asking $1,550,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.43% higher than the median priced home. Local competing homes currently for sale include 4600 S Central Ave, 5314 S Broadway and 4303 S Main St. While the average home in Los Angeles, CA is selling in 94 days, 1478 E 92Nd St has a days on market of 118 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1478 E 92Nd St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1478 E 92Nd St

Public county record property details
Beds
4
Baths
4
Year built
1950
Sq. Ft.
6,990
Lot Size
18,514
Stories
1
Type
Religious, Church, Worship (Synagogue, Temple, Parsonage)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
6048-001-018

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$587,000
Median List Price/Sq.Ft.
$482
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
36
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

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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.