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For SaleLuxury

$3,700,000

15,336 sqft$241/sqft97 days on market

634 W 92nd Street

Los Angeles, CA 90044

· 8% down, 7% APR, 30yr fixed

42

Beds

21

Baths

15,336

Square feet

1965

Built

Listing narrative

Description

634 W. 92nd Street is a stabilized 21-unit multifamily investment located in the Vermont Vista neighborhood of South Los Angeles. Originally a 19-unit apartment building, current ownership converted tuck under spaces in the rear into two 1 bd/1ba units. Built in 1965, the two-story property consists of roughly 15,366 square feet of rentable space on an 18,106 square foot lot. The unit mix includes (2) 1bd/1ba units, (2) 3bd/1ba units, and (17) 2bd/1ba units. The property is gated, includes (21) surface parking spaces, and provides on-site laundry. Zoned under LARD1.5, the existing structure is truly irreplaceable and is the highest and absolute best use for the lot. Located south of Manchester Ave. and west of Figueroa St, the property is within a short distance to the Algin Sutton Recreation Center, Manchester Elementary, and South LA College Prep. Tenant will benefit from easy access to public transit, freeways, employment centers, educational institutions, and neighborhood amenities, providing strong connectivity throughout South Los​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​​‌​‌​​​‌‌​ Angeles.

Listing agent (MLS): Sevak Keshishian · Listing brokerage (MLS): Marcus & Millichap

Property Details

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Price

$3,700,000

Beds

42 bd

Type

House

Home Size

15,336 sqft

Baths

21

Lot Size

0.42 acres

Year

1965

Status

For Sale

Days on Market

97

$ / Sqft

$241

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap