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Three-Unit Triplex

1234 W 92nd St, Los Angeles, CA 90002

For Sale
$795,000

The residential property includes parking and a detached carport at the rear.

Property Size3,828 SF
Lot Size0.16 Acres
Price / SF$207.68
Days on Market62

Property Features for 1234 W 92nd St

General Information

Standard status Active
Size 3,828 SF
Lot size 0.16 Acres
Property subtype Residential Income

Site & Location

Neighborhood South Los Angeles

Additional Details

Multifamily Units 3
Listing Agency: RE/MAX Alliance Group
Listed By: Susan Rodriguez · License #1757344
Source: Exprealty
Added: Sep 9 Changed: Nov 8 Last Checked: Nov 8 at 6:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Alliance Group

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Investment Insights

Based on property information with market context.

This Los Angeles triplex contains three units across approximately 3,828 square feet of building area. The property occupies an approximately 6,764-square-foot lot and includes parking, along with a detached carport positioned behind the building.

Key Highlights

  • Three residential units
  • Approximately 3,828 square feet of building area
  • Approximately 6,764‑square‑foot lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,851
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,020 $1.3M
Cap Rate 7%
$955,014 $955.0K
Cap Rate 9%
$742,789 $742.8K
Market Conditions
NOI Build-Up for 3,828 SF
Gross rent
$103.4K $27.00/SF
− Vacancy
−$7.9K −$2.05/SF
EGI
$95.5K $24.95/SF
− OpEx
−$28.7K −$7.48/SF
NOI
$66.9K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,337,020
Cap Rate 7%
$955,014
Cap Rate 9%
$742,789

Alternative Uses

Best Use
Multifamily LT 5
$955.0K
$835.6K – $1.11M (±1% cap)
NOI $66,851 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$879.9K
$770.0K – $1.03M (±1% cap)
NOI $61,596 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,877 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,157
Businesses Nearby

Demographics for 90002, CA

53,150
Population
13,808
Households
3.8
Avg Household Size
30
Median Age
8%
College-Educated
53%
High-School Grad
3.0 sq mi
ZIP Area
17,717
Density / Sq Mi
$56,158
Median Household Income
$29,680
Median Earnings
$1,509
Median Rent
$502,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Triplexes in Los Angeles, CA

$461 Jul
$471 Aug
$475 Sep
$459 Oct

Properties on Market for Triplexes in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - The residential property includes parking and a detached carport at the rear.
Where is this triplex located?
The property is located at 1234 W 92nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Three residential units; Approximately 3,828 square feet of building area; Approximately 6,764‑square‑foot lot
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