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1240 W 89Th St, Los Angeles, CA 90044
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1240 W 89Th St Los Angeles, CA 90044

$515,000 Sold Price as of 08/16/2021
  • 4 Beds
  • 3 Baths
  • 856 Sq.Ft.
Sold
$515,000 Sold Price as of 08/16/2021 Refinance Your Mortgage
Map preview of 1240 W 89Th St, Los Angeles, CA 90044

Property Overview: 1240 W 89Th St Los Angeles, CA has 4 bedrooms, 3 bathrooms, 856 living square feet and 10,451 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: "INVESTORS DELIGHT", THREE(3) HOUSES ON A LARGE 10,000+ SQUARE FOOT LOT IN UNINCORPORATED AREA OF LOS ANGESLE COUNTY. PROPERTY IS BEING SOLD IN IT'S "AS IS SEEN CONDITION", AND SUBJECT TO THE EXISTING TENANTS RIGHT. PLEASE DO NOT DISTURB TENANTS OR WALK THE PROPERTY. DRIVE BY AND CALL LISTING AGENT WITH ANY QUESTIONS. SELLER OR SELLER'S AGENT MAKES NO WARRANTIES, EITHER WRITTEN OR IMPLIED, AS TO THE ACCURACY OF THE PUBLIC INFORMATION IN THIS MLS REPORT. BUYER TO VERIFY ALL INFORMATION REGARDING THE PROPERTY.

Listed by Larry Lipps | BRE #00912506 | The Service Company Realty
Last checked: 7 minutes ago | Last updated: November 13th, 2023 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
10,451
HOA Dues
$0/mo
Year built
1914
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21717434
City
Los Angeles
County
Los Angeles
Time on Site
1226 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 0
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $800
  • Total Rent: $800
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 21.78
  • Gross Scheduled Income: --
  • Net Operating Income: $26,400
  • Gross Operating Income: $26,400
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1240 W 89Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Concrete
Property Information
  • Parcel Number: 6047011011
Location / Neighborhood
Location Information
  • Directions: NORTH OF MANCHESTER, SOUTH OF CENTURY, EAST OF NORMANDIE, WEST OF BUDLONG
View more facts & features

Local Los Angeles Agent

Sale History for 1240 W 89Th St

Last sold for $515,000 on August 16th, 2021

  • November, 2023

  • Nov 13, 2023

    Date

    Canceled

    CRMLS: DW23171841

    $799,000

    Price

  • Sep 13, 2023

    Date

    Active

    CRMLS: DW23171841

    $799,000

    Price

  • Listing provided courtesy of CRMLS

    Great opportunity in the heart of Los Angeles! Zoning is LCR3. Build 4 units and ADU. Sold for land value. Buyers to conduct own due diligence.

  • August, 2021

  • Aug 18, 2021

    Date

    Sold

    CRMLS: 21717434

    $515,000

    Price

  • Jun 10, 2021

    Date

    Pending

    CRMLS: 21717434

    $575,000

    Price

  • May 18, 2021

    Date

    Active Under Contract

    CRMLS: 21717434

    $575,000

    Price

  • Apr 10, 2021

    Date

    Active

    CRMLS: 21717434

    $575,000

    Price

  • April, 2019

  • Apr 25, 2019

    Date

    Expired

    CRMLS: 19427582

    $539,000

    Price

  • Apr 2, 2019

    Date

    Withdrawn

    CRMLS: 19427582

    $539,000

    Price

  • Jan 25, 2019

    Date

    Active

    CRMLS: 19427582

    $539,000

    Price

  • Listing provided courtesy of CRMLS

    "INVESTORS/DEVELOPERS DELIGHT", THREE(3) HOUSES ON LARGE R3 10,300 SQUARE FOOT LOT IN UNINCORPORATED AREA OF LOS ANGELES. PROPERTY IS BEING SOLD IN IT'S "AS IS SEEN CONDITION". ALL CASH BUYERS ARE A PRIORITY. PLEASE DO NOT DISTURB THE TENANTS OR WALK THE PROPERTY. DRIVE BY, AND CALL LISTING AGENT WITH ANY QUESTIONS. BUYER TO VERIFY ALL INFORMATION REGARDING THE PROPERTY. ALL OFFERS ARE "SUBJECT TO INSPECTION".

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Tax History for 1240 W 89Th St

Assessed Value (2020): $134,323
Year Land Value Improved Value Assessed Value
2020 $77,811 $56,512 $134,323

Home Value Compared to the Market

This property vs the competition

1240 W 89Th St sold on August 16, 2021 for 48.66% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $671.73 per/sqft which puts the price per square foot 7.22% lower than the current median sale per square foot for the city of Los Angeles.

About 1240 W 89Th St

Detailed summary of property

1240 W 89Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 856 living square feet, and sits on an approximately 10,451 square foot lot. 1240 W 89Th St was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $515,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 48.66% lower than the current median priced home. Local homes that are currently for sale include 1507 W 51St St, 1507 W 51St St and 1122 E 67th St. While the average home in Los Angeles, CA is selling in 106 days, 1240 W 89Th St has a days on market of 38 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1240 W 89Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1240 W 89Th St

Public county record property details
Beds
4
Baths
3
Year built
1914
Sq. Ft.
1,960
Lot Size
10,389
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
398-399
APN
6047-011-011

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$515
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
88
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 1240 W 89Th St

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1234 W 89th St, Los Angeles, CA 90044
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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.

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