1478 East 92nd Street

Los Angeles, CA 90002

$1,475,000
Price
—
Beds
6,990 Sq. Ft.
$211 / Sq. Ft.
6,990
Sq. Ft.
$211
per Sq. Ft.

Description

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!...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!
  1. Listed by William Preciado • DRE #01302534 • Brokerage DRE #01525011 • Century 21 Realty Masters • 323-944-9470

Property Details for 1478 East 92nd Street

Total Units
38342.0
Business Type
Church
Lot Size Source
Assessor
Lot Size Dimensions
18514
Building Area Total
6990
Building Area Units
Square Feet
Stories Total
2
Entry Level
1

Location

Listing Courtesy of Century 21 Realty Masters, William Preciado, DRE #01302534
Add your commute
LISTING UPDATED: 04/25/2024 10:49 AM

Property Details for 1478 East 92nd Street

StatusActive
MLS #DW24000699
Days on Market112
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1950
Lot Size0.42 AC / 18,505 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Realty Masters, William Preciado, DRE #01302534
Add your commute

Building Information for 1478 East 92nd Street

Stories2Residences-Year Built1950Lot Size0.42 AC / 18,505 SF

Payment Calculator

$8,156 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,050

Property Taxes

$106

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1478 East 92nd Street

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $71,232
  • Net Operating Income: $52,236
  • Current Financing: Conventional
Expense Details
  • Operating Expense: $18,996
  • Expense Year: $2,023
  • Insurance Expense: $5,432
  • Professional Management Expense: $7,200
  • Trash Expense: $4,740
  • Water Sewer Expense: $2,400
  • Real Estate Tax Expense: $2,553
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
  • Cooling: None
  • Heating: Central
Exterior Features
  • Construction Materials: Stucco, Wood Siding
  • Roof: Composition
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Utilities - Overhead, Yard
  • Land Use: Multi-Family, Other
  • Land Lease: No
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Water Source: Public
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 9217
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $834
  • Unit Type Area: 600
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 9217
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $884
  • Unit Type Area: 600
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 9215
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $834
  • Unit Type Area: 600
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 9215
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $884
  • Unit Type Area: 600
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1478
  • Unit Type Actual Rent: $2,500
  • Unit Type Area: 4590
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: Church
Unit Information
  • Number Of Units Leased: 5
  • Number Of Buildings: 2

Property History for 1478 East 92nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1478 East 92nd Street

Taxable ValueLand$112,576Additions$215,600Total$328,176
Tax Record2023$1,277 ($106 / month)
Home Facts
Total Finished SqFt6,990 SqFtAbove Grade Finished SqFt6,990 SqFtStories1Lot Size18,514 SqFtStyleReligiousYear Built1950ZoningLAR4CountyLOS ANGELESAPN6048-001-018

Schools near 1478 East 92nd Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - K to 4
Rating
School
Distance
Ninety-Sixth Street Elementary School
PublicK to 6

Charles Drew Middle School
Public7 to 8

Jordan High School
Public9 to 12

KIPP Ignite Academy
CharterK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1478 East 92nd Street is a mixed use property for sale in Los Angeles, CA 90002. This property was listed for sale on January 9, 2024 by Century 21 Realty Masters, it's currently listed at $1,475,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Ninety-Sixth Street Elementary School, Charles Drew Middle School and Jordan High School. 1478 East 92nd Street is a 0-bed, 0-bath, 6,990 sqft mixed use property built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Realty Masters, William Preciado, DRE #01302534

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.