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442 W 93rd Street Los Angeles, CA 90003
$2,725,000 28 beds, 17 baths
11, 386 sqft
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Agent Remarks

We are pleased to introduce, for the first time on market in over 20 years, 442 W 93rd Street. The property consists of an attractive mix of 1 three bedroom + two bath, 10 two bedroom + one bath, 5 one bedroom + one bath and 1 nonconforming Studio on a huge 18,730 SF Lot. Plentiful parking is available onsite for tenants. Further investment highlights include a low $170,000 per unit, a 9.13 current GRM and the possibility to achieve additional income from adding multiple ADUs. 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 a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,528 for 3-bedroom units, $2,748 for 2-bedroom units, $2,172 for 1-bedroom units, and $1,920 for studio units.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25483463
List price is $2,725,000 Reduced by $150,000 on 5/28/2025
Beds: 28
Baths: 17
Built in 1939
11,386 sqft
2 stories
0.43 acres
Lot size: 0.4300
County: Los Angeles
Zoning: LARD2
Parking description: Assigned
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C36 - Metropolitan Southwest

Last Updated: 6/2/2025

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.951628, -118.282308.
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Listing Agent: Enrique Viramontes
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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