1213 93Rd St Los Angeles, CA 90044

This exceptional Los Angeles investment opportunity features a well-maintained 2-bedroom, 1-bathroom single-family residence built in 1922 and a modern 8-bedroom, 6-bathroom duplex built in 2019. Both are situated on a large 9,416 sq ft lot in the 90044 zip code. The single-family home offers 1,180 sq ft of living space and a one-car garage. The duplex comprises two spacious 1,900 sq ft units, each with 4 bedrooms and 3 bathrooms, 2-car attached garages, and inside laundry. The combined livable area totals approximately 4,980 sq ft. The property boasts ample parking and is conveniently located near the 105, 110, and 405 freeways, providing easy access to major transportation routes and local amenities. With a total of 10 bedrooms and 7 bathrooms, this property offers significant rental income potential. The asking price is $2,198,000, representing a price per square foot of $441.37 and a 5.54% cap rate, with a current NOI of $121,800. The property is currently vacant, offering immediate opportunity for the new owner to establish rental rates. The lot is zoned LCR320U. This is a rare opportunity to acquire a substantial multifamily property in a desirable Los Angeles location.