CA > Los Angeles
Los Angeles, CA 90003,442 W 93rd Street
Los Angeles, CA 90003,442 W 93rd Street
Los Angeles, CA 90003,442 W 93rd Street
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$2,875,000
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11,386 SqFt
Active

442 W 93rd Street Los Angeles, CA 90003

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Disen Cai

Disen Cai

+1(650) 622-2156

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 11,386 sqft

Price per Sqft $252

MLS Listing ID CL25483463

HOA Y/N No

Year Built 1939

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Other

Property Description

We are pleased to introduce, for the first time on market in over 20 years, 442 W 93rd Street. The property consists of an attractive mix of 1 three bedroom + two bath, 10 two bedroom + one bath, 5 one bedroom + one bath and 1 Studio on a huge 18,730 SF Lot. Plentiful parking is available onsite for tenants. Further investment highlights include a low $169,000 per unit, a 9.64 current GRM and the possibility to achieve additional income from adding multiple ADUs. Buyer to independently verify the unit mix and total unit count, as one unit may potentially be nonconforming. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,528 for 3-bedroom units, $2,748 for 2-bedroom units, $2,172 for 1-bedroom units, and $1,920 for studio units.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Building

New Construction No

Others

Tax ID 6039005001

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Enrique Viramontes • Remax Commercial and Investment Realty

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Disen Cai

Agent | License ID: 01928373

+1(650) 622-2156

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