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Newer Multifamily Investment Opportunity
For Sale
$1,098,888

1612 E 92nd St, Los Angeles, CA 90002

Two-story multifamily property built in 2020 with modern amenities.

Property Size3,809 SF
Lot Size0.18 Acres
Days on Market270

Property Features for 1612 E 92nd St

General Information

Standard status Active
Size 3,809 SF
Lot size 0.18 Acres
Property subtype Other

Building Details

Building Size 3,809 SF
Year Built 1948
Stories 2
Units 2
Listing Agency:
Listed By: Rod Austin
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 22 Last Checked: Aug 25 at 8:04AM

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 Rod Austin

Investment Insights

Based on property information with market context.

This two-story multifamily property, constructed in 2020, offers an investment opportunity. The building provides 3,809 square feet of living space on a 7,715 square foot lot. It features two units, each with 5 bedrooms and 3 bathrooms, along with an attached garage. The property includes a single-car garage at the front and a two-car garage at the rear. Amenities include dual-pane windows, granite countertops, wood cabinets, tile flooring in the kitchens and bathrooms, carpeted bedrooms, and forced heat throughout. The property also features artificial lawn for minimal maintenance and reduced water usage.

Key Highlights

  • New construction (2020) minimizing maintenance and maximizing appeal to renters.
  • Dual units, each with 5 bedrooms and 3 bathrooms, providing substantial rental income potential.
  • Large living space (3,809 sq ft) on a sizable 7,715 sq ft lot.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

905
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property built in 2020 with modern amenities.
Where is this apartment building located?
The property is located at 1612 E 92nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,098,888.
What are key features of this property?
This property features: New construction (2020) minimizing maintenance and maximizing appeal to renters.; Dual units, each with 5 bedrooms and 3 bathrooms, providing substantial rental income potential.; Large living space (3,809 sq ft) on a sizable 7,715 sq ft lot.
More about this property
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