1130 E 89Th St, Los Angeles, CA 90002
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1130 E 89Th St Los Angeles, CA 90002

$525,000 Sold Price as of 10/22/2021
  • 5 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$525,000 Sold Price as of 10/22/2021 Refinance Your Mortgage

Map preview of 1130 E 89Th St, Los Angeles, CA 90002

Property Overview: 1130 E 89Th St Los Angeles, CA has 5 bedrooms, 4 bathrooms, -- living square feet and 5,065 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great residential income property centrally located. The Front House offers 2 Bedrooms and 2 Bathrooms, the Back House offers 2 Bedrooms and 1 Bathroom. The Garage has been converted to a Studio. All units have upgraded kitchens and bathrooms. Listing agent has interest in the property.

Listed by Arbi Derian | BRE #01978010 | COMPASS
Last checked: 5 minutes ago | Last updated: June 14th, 2022 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
5,065
HOA Dues
$0/mo
Year built
1945
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
P1-6764
City
Los Angeles
County
Los Angeles
Time on Site
1015 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $14,400
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $9,420
  • Total Rent: $785
  • Pro Forma/Market Rent: $850
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $17,400
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,550
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $41,220
  • Net Operating Income: $30,106
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $11,113
  • Electric: $3,815
  • Gas/Fuel: $1,097
  • Trash: $0
  • Insurance: $4,479
  • Water/Sewer: $1,722

Property Details for 1130 E 89Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, In Kitchen
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Oven, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Flat, Spanish Tile
  • Has Fence
  • Wire, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6043006009
  • Year Built Source: Public Records
  • Foundation Details: Raised, Slab
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: Head East on Manchester Blvd, South on Central Avenue, Left on 89th Street
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1130 E 89Th St

Last sold on January 23rd, 2019
  • January, 2019

  • Jan 23, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2013

  • Apr 29, 2013

    Date

    Sold (Public Records)

    Public Records

    $222,000

    Price

  • December, 2007

  • Dec 11, 2007

    Date

    Expired

    CRMLS: 12100001

    $549,000

    Price

  • Oct 3, 2007

    Date

    Active

    CRMLS: 12100001

    $499,000

    Price

  • Listing provided courtesy of CRMLS

    BRAND NEW REMODEL ON THREE UNITS. THE ARE ALL DETACHED AND VACANT. GRANITE COUNTERTOPS,NEW CABINETS,NEW DISHWASHERS,NEW BUILT-IN MICROWAVES,WASHER AND DRYER HOOK-UPS. NEW EXTERIOR MOTION SENSOR LIGHTS ON ALL UNITS.

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Tax History for 1130 E 89Th St

Assessed Value (2020): $460,020
Year Land Value Improved Value Assessed Value
2020 $306,000 $154,020 $460,020

Home Value Compared to the Market

This property vs the competition

1130 E 89Th St sold on October 22, 2021 for 59.58% lower than the current median sold price for the city of Los Angeles which is $1,274,000.

About 1130 E 89Th St

Detailed summary of property

1130 E 89Th St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 5 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 5,065 square foot lot. 1130 E 89Th St was first listed on ArdentRealEstateGroup.com on September 22, 2021. The homeowner sold the property for $525,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 59.58% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 1977 W 48th St and 120 S Sunol Dr. While the average home in Los Angeles, CA is selling in 100 days, 1130 E 89Th St has a days on market of 6 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1130 E 89Th St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1130 E 89Th St

Public county record property details
Beds
3
Baths
2
Year built
1945
Sq. Ft.
1,192
Lot Size
5,065
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
361
APN
6043-006-009

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$485
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$551
Total Inventory
40
Median Sale to List Price %
103.45%
Avg Days on Market
14
Loan Type
Conventional (12.5%), FHA (75%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.