THIS PROPERTY IS AVAILABLE FOR PURCHASE INDEPENDENTLY OR AS PART OF A 4 PROPERTY, 118 UNIT PORTFOLIO. Introducing, for the first time on market in over 20 years, a unique opportunity to purchase this four multifamily property portfolio comprised of 118 units in the heart of Los Angeles. The collection includes four large properties that sit on a total of seven parcels and almost 100K sf of land. Each building ranges from 17 to 50 units and has plenty of onsite parking, independent meters for gas and electricity, and various recent upgrades. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize the 75% upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historical low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,915 for 3-bedroom units, $3,052 for 2-bedroom units, $2,407 for 1-bedroom units, and $2,132 for studio units. The properties are strategically located near access to major freeways, employment, entertainment, and transportation options. SoFi Stadium (LA Rams), the new Intuit Dome (LA Clippers), BMO Stadium (Angel City FC), Los Angeles International Airport, are all within minutes of any of the subject properties.
Property Details
Property Features
Property Information:
Year Built: 1939
Stories: 2
Living Area: 11,386 SqFt
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Enrique Viramontes
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 28
Exterior Features
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.43 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Other
Directions Information:
Directions: Located on the corner of S Figueroa St and W 93rd St
Price Information
Listing Price Info
Price Summary:
List Price: $3,100,000
Price Per SqFt: $272/SqFt
Tax Information:
Annual Amount: $13,792
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $2.0M more than the Median Sold Price and $369/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24431023
Listing Office:
Office Name: Remax Commercial and Investment Realty
Office Phone: (213) 817-1000
Listing Agent: Enrique Viramontes
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/21/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 10, 2003
Jul 10, 2003Home Sold
$740,000
Oct 13, 2000
Oct 13, 2000Home Sold
$401,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,792
$974,393
2020
$13,434
$962,027
2019
$13,013
$943,164
2018
$12,725
$924,671
2017
$12,725
$906,541
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Watts Learning Center
310 W 95th St
Distance between this listing and this school0.23 miles
Public Charter Grades KG-5
3
/10
Charles W. Barrett STEAM Academy
419 W 98th St
Distance between this listing and this school0.28 miles
Public District Grades KG-5
6
/10
Knox Elementary School
8920 Tupachi Pl
Distance between this listing and this school0.50 miles
Public District Grades KG-6
Nearby Schools
2
/10
Bret Harte Preparatory
9301 S Hoover St
Distance between this listing and this school0.28 miles
Public District Grades 6-8
7
/10
Alliance College-Ready Middle Academy 4
9719 S Main St
Distance between this listing and this school0.53 miles
Public Charter Grades 6-8
3
/10
Kipp Academy of Opportunity
8500 S Figueroa St
Distance between this listing and this school0.65 miles
Public Charter Grades 5-8
Nearby Schools
8
/10
Alliance Judy Ivie Burton Technology Academy High School
10101 S Broadway
Distance between this listing and this school0.56 miles
Public Charter Grades 9-12
2
/10
Youth Opportunities Unlimited
915 W Manchester Ave
Distance between this listing and this school0.75 miles
Public District Grades 9-12
2
/10
Dymally High School
8800 S San Pedro St
Distance between this listing and this school0.85 miles
The neighbors living near this home have an average income of $56,443. Typical income of Los Angeles, CA residents is between $35k-100k annually. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 442 W 93rd St
What is the listing price of this property?
The listing price of 442 W 93rd St property is $3,100,000.
What type of property is this?
The property 442 W 93rd St is a house located in Los Angeles, California, 90003.
Is this property for sale now?
Active Listing: 442 W 93rd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,792 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 10, 2003 for $740,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 442 W 93rd St has 28 bedrooms and 18 bathrooms.
What is the square footage of this property?
The property 442 W 93rd St is 11,386 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 442 W 93rd St is 1939.
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This home is located at 442 W 93rd St in Los Angeles, CA and zip code 90003 in the Vermont Vista neighborhood. This 11,386 square foot home, which was built in 1939, sits on a 0.43 acre lot. Features: 28 bedrooms, 18 bathrooms. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $3,100,000.
While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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