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

$590,000 Sold Price as of 10/06/2020
  • 4 Beds
  • 2 Baths
  • 2,186 Sq.Ft.
Sold
$590,000 Sold Price as of 10/06/2020 Refinance Your Mortgage

Map preview of 556 W 92nd St, Los Angeles, CA 90044

Property Overview: 556 W 92nd St Los Angeles, CA has 4 bedrooms, 2 bathrooms, 2,186 living square feet and 8,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Located in the heart of south Los Angeles, this Spanish style stucco duplex has tremendous potential. Nice lot size with a backyard for children to play. It has a 2 car garage for one unit and a single car garage for the second unit; both garages are detached. Close to the 110 Freeway. It's 10 minutes from downtown Los Angeles and 10 - 15 minutes from LAX.

Listed by JOHN CHAPPELL | BRE #00585491 | REAL PROPERTY MTG. & INV. INC
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
8,534
HOA Dues
$0/mo
Year built
1937
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV20094588
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 0
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,400
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $40,260
  • Net Operating Income: $29,800
  • Gross Operating Income: $10,041
Annual Expense Breakdown
  • Total Operating Expense: $10,041
  • Licenses: $437
  • New Taxes: $8,125
  • Trash: $660
  • Gardener: $660
  • Insurance: $1,256
  • Water/Sewer: $432

Property Details for 556 W 92nd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, In Kitchen, Washer Hookup, Washer Included
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Carpet
  • All Bedrooms Down, Living Room
Kitchen Information
  • Has Appliances
  • Disposal, Water Heater
Interior Features
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Composition, Flat, Spanish Tile
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6039012044
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Available
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: West Manchester Avenue turn left to South Figueroa, turn right on 92nd Street
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban, Urban
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Sale History for 556 W 92nd St

Last sold for $590,000 on October 6th, 2020
  • October, 2020

  • Oct 6, 2020

    Date

    Sold (Public Records)

    Public Records

    $590,000

    Price

  • October, 2020

  • Oct 5, 2020

    Date

    Sold

    CRMLS: CV20094588

    $590,000

    Price

  • Aug 5, 2020

    Date

    Pending

    CRMLS: CV20094588

    $599,900

    Price

  • Jul 21, 2020

    Date

    Sold

    CRMLS: CV20094588

    $590,000

    Price

  • Jun 16, 2020

    Date

    Pending

    CRMLS: CV20094588

    $599,900

    Price

  • May 18, 2020

    Date

    Active

    CRMLS: CV20094588

    $599,900

    Price

  • May, 2020

  • May 1, 2020

    Date

    Expired

    CRMLS: CV19282859

    $600,000

    Price

  • Apr 17, 2020

    Date

    Price Change

    CRMLS: CV19282859

    $600,000

    Price

  • Mar 25, 2020

    Date

    Active

    CRMLS: CV19282859

    $625,000

    Price

  • Feb 6, 2020

    Date

    Pending

    CRMLS: CV19282859

    $625,000

    Price

  • Jan 10, 2020

    Date

    Active

    CRMLS: CV19282859

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Located in the heart of south Los Angeles, this Spanish style stucco duplex has tremendous potential. Nice lot size with a backyard for children to play. It has a 2 car garage for one unit and a single car garage for the other; both are detached. Close to the 110 freeway, it's 10 minutes from downtown Los Angeles and 10 - 15 minutes from LAX. Washer and dryer will be included for a full price offer. This is an excellent investment opportunity.

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Tax History for 556 W 92nd St

Assessed Value (2020): $60,275
Year Land Value Improved Value Assessed Value
2020 $31,430 $28,845 $60,275

Home Value Compared to the Market

This property vs the competition

556 W 92nd St sold on October 6, 2020 for 49.59% 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 $274.43 per/sqft which puts the price per square foot 63.65% lower than the current median sale per square foot for the city of Los Angeles.

About 556 W 92nd St

Detailed summary of property

556 W 92nd St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 2,186 living square feet, and sits on an approximately 8,534 square foot lot. 556 W 92nd St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $590,000. 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 49.59% lower than the current median priced home. Local homes that are currently for sale include 1155 W 87th St, 9712-1 S San Pedro St and 9712 S San Pedro St. While the average home in Los Angeles, CA is selling in 92 days, 556 W 92nd St has a days on market of 28 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 556 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 556 W 92nd St

Public county record property details
Beds
4
Baths
2
Year built
1937
Sq. Ft.
2,186
Lot Size
8,565
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
288
APN
6039-012-044

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
$670,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
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%)

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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.