442 93rd

Los Angeles, CA, 90003
For Sale $2,875,000
  • 29beds
  • 11,386sqft
  • 0.43acre
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 Studio on a huge 18,730 SF Lot. Plentiful parking is available onsite for tenants. Further investment highlights include a low $169,000 per unit, a 9.64 current GRM and the possibility to achieve additional income from adding multiple ADUs. Buyer to independently verify the unit mix and total unit count, as one unit may potentially be nonconforming. 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.

Get in touch

Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Enrique Viramontes with Remax Commercial and Investment Realty
(213) 817-1000
442 93rd is a Residential Income property located in Los Angeles, California, featuring a 0.430 acre lot, 11,386 sqft, 29 bedrooms, MLS #25483463.

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Data last modified: 2025-05-12 18:06:09