$1,400,000
1854 E 92nd Street, Los Angeles CA 90002
Multi-Family (58 Units)
Property type
1 day
On market
$244
Price per sqft
N/A
Garage
1948
Year built
15,747 sqft
Lot size
Open Houses
Overview
Exceptional value-add opportunity in the heart of Watt. This 5 unit multifamily property with significant upside potential. Ideal for investors seeking to renovate, reposition and or increase rents. Large lot with ample parking and strong rental demand in a growing South Los Angeles market. Conveniently located near public transportation, major freeways, schools and public...
Listing provided by: Wendy Howard DRE #02095274 323-270-4324, Watkins Realty & Investments
Listing updated: Jun 12, 2026 at 12:33am.
Last checked: Jun 12, 2026 at 01:00am
Source: CRMLS #26845401
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 5 | 3 | — | $0 | $0 | $3,500 | Unfurnished |
| 2 | 3 | 2 | — | $2,000 | $2,800 | $2,800 | Unfurnished |
| 3 | 2 | 1 | — | $1,900 | $2,200 | $2,200 | Unfurnished |
| 4 | 2 | 1 | — | $1,900 | $2,200 | $2,200 | Unfurnished |
| 5 | 3 | 2 | — | $3,200 | $3,200 | $3,200 | Unfurnished |
# of Buildings: 5
# of Units Total: 58
Disposal: 58
Financial Snapshot
Gross Rent Multiplier
13.0x
List Price / Annual Gross Rent
Cap Rate
7.48%
NOI / List Price
Vacancy Allowance: $3,240
Vacancy Allowance Rate: 3%
Net Operating Income: $104,760
Interior
Interior Features: Ceiling Fans
Cooling: None
Heating: Natural Gas
Appliances: Disposal
Exterior
Stories Total: 1
Levels: One
Direction Faces: East
View: None
Garage and Parking
Parking: Concrete, Driveway, Electric Gate
Parking Total: 12
Lot Information
Land Lease: No
Parcel #: 6048040022
Zoning: LAR2
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1854 E 92nd Street, Los Angeles, CA 90002. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,120,000
Total Interest
$1,428,498
Total Payment
$2,548,498
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,687
per month
Property History for 1854 E 92nd Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90002.
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