126 E 89Th St, Los Angeles, CA 90003
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126 E 89Th St Los Angeles, CA 90003

$999,999
  • 8 Beds
  • 4 Baths
  • 3,204 Sq.Ft.
For Sale
$999,999 Get Pre-Qualified

Map preview of 126 E 89Th St, Los Angeles, CA 90003

Property Overview: 126 E 89Th St Los Angeles, CA has 8 bedrooms, 4 bathrooms, 3,204 living square feet and 5,386 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great opportunity to own four units All currently rented and well kept Laundry in each unit Apl two bedrooms and 1 bath units Plenty of parking Close to LAX and Downtown LA

Listed by John Heinz | BRE #01901640 | Century 21 Cornerstone
Last checked: 13 minutes ago | Last updated: June 1st, 2024 | Source CRMLS | DOM: 31
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Home details

Lot Sq. Ft
5,386
HOA Dues
$0/mo
Year built
1964
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
RS24104767
City
Los Angeles
County
Los Angeles
Time on Site
31 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,320
  • Total Rent: $1,320
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,680
  • Net Operating Income: $64,440
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,240
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,200
  • Insurance: $840
  • Water/Sewer: $1,200

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Property Details for 126 E 89Th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • None, Patio
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Uncovered
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6041006012
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Main to 89th street make right
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 126 E 89Th St

Last sold for $650,000 on March 31st, 2006
  • May, 2024

  • May 29, 2024

    Date

    Active

    CRMLS: RS24104767

    $999,999

    Price

  • June, 2020

  • Jun 1, 2020

    Date

    Expired

    CRMLS: SB19266806

    $899,000

    Price

  • Nov 18, 2019

    Date

    Active

    CRMLS: SB19266806

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    This 4 unit property features 2 Bedrooms and 1 Bathroom, side units on a 2-story complex with 2 upstairs and 2 downstairs. The property will be delivered with tenants in place. Sold AS IS. Drive By Only. PLEASE DO NOT CONTACT OCCUPANTS.

  • March, 2006

  • Mar 31, 2006

    Date

    Sold (Public Records)

    Public Records

    $650,000

    Price

  • August, 2005

  • Aug 19, 2005

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

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Tax History for 126 E 89Th St

Assessed Value (2020): $720,000
Year Land Value Improved Value Assessed Value
2020 $352,000 $368,000 $720,000

Home Value Compared to the Market

This property vs the competition

126 E 89Th St is listed 19.09% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $312.11 per/sqft which puts the price per square foot 59.73% lower than the median price per square foot for the city of Los Angeles.

About 126 E 89Th St

Detailed summary of property

126 E 89Th St is a fourplex located in Los Angeles, CA 90003 and is currently for sale. This fourplex offers 8 bedrooms, 4 bathrooms, roughly 3,204 living square feet, and sits on an approximately 5,386 square foot lot. 126 E 89Th St was first listed on ArdentRealEstateGroup.com on May 29, 2024. The homeowner is currently asking $999,999. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.09% lower than the median priced home. Local competing homes currently for sale include 636 W 81st St, 7704 S Grand Ave and 353 W 77th St. While the average home in Los Angeles, CA is selling in 99 days, 126 E 89Th St has a days on market of 31 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 126 E 89Th St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 126 E 89Th St

Public county record property details
Beds
8
Baths
4
Year built
1964
Sq. Ft.
3,204
Lot Size
5,385
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
6041-006-012

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$535,000
Median Sold Price/Sq.Ft.
$575
Total Inventory
42
Median Sale to List Price %
101.9%
Avg Days on Market
34
Loan Type
Conventional (0%), FHA (11.11%), VA (11.11%), Cash (44.44%), Other (33.33%)

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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.