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1266 W 89Th St, Los Angeles, CA 90044
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1266 W 89Th St Los Angeles, CA 90044

$833,000 Sold Price as of 07/14/2020
  • 5 Beds
  • 4 Baths
  • -- Sq.Ft.
Sold
$833,000 Sold Price as of 07/14/2020 Refinance Your Mortgage
Map preview of 1266 W 89Th St, Los Angeles, CA 90044

Property Overview: 1266 W 89Th St Los Angeles, CA has 5 bedrooms, 4 bathrooms, -- living square feet and 6,131 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Wonderful investor opportunity to purchase a move-in ready LA Fourplex that has room to add even more value! Live in the front house for practically free or rent out all units and collect great cashflow! This property consists of a main house in front along with a back house made up of three separate apartments. All four units feature living rooms with gorgeous hardwood laminate flooring and chef's kitchens that boast tile floors, wooden cabinets. Front house will be delivered vacant. Freshly painted interior/exterior; laundry area inside. Minutes away from Metro lines, 110 & 105 freeways, USC, Downtown, New LA Rams Stadium, and LAX. Unincorporated part of LA County. Separately Metered. Property Sold As-Is.

Listed by Hammed Animashaun | BRE #01857379 | Keller Williams Rlty Brentwood
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
6,131
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20579198
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 12.51
  • Gross Scheduled Income: --
  • Net Operating Income: $49,003
  • Gross Operating Income: $63,962
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1266 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: Covered, Driveway
Property Information
  • Total # of Units: 4
  • Parcel Number: 6047012002
Location / Neighborhood
Location Information
  • Directions: South of Manchester Ave & West of Vermont Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1266 W 89Th St

Last sold for $833,000 on July 14th, 2020

  • July, 2020

  • Jul 15, 2020

    Date

    Sold

    CRMLS: 20579198

    $833,000

    Price

  • May 21, 2020

    Date

    Active Under Contract

    CRMLS: 20579198

    $825,000

    Price

  • May 15, 2020

    Date

    Active

    CRMLS: 20579198

    $825,000

    Price

  • July, 2020

  • Jul 14, 2020

    Date

    Sold (Public Records)

    Public Records

    $833,000

    Price

  • March, 2017

  • Mar 1, 2017

    Date

    Sold (Public Records)

    Public Records

    $630,000

    Price

  • April, 2013

  • Apr 2, 2013

    Date

    Price Change

    CRMLS: PW13056586

    $399,900

    Price

  • Listing provided courtesy of CRMLS

    Wonderful newly remodeled L.A. quadplex property ready for move-in today! The perfect owner/investor opportunity, this property consists of a main house in front along with a back house made up of three separate apartments. All four units feature living rooms with gorgeous new hardwood laminate flooring and brand new chef’s kitchens that boast new tile floors, new wooden cabinets, and stunning new granite counters! The front house features a completely remodeled bathroom with new tile floors, elegant new vanity, and beautiful new shower/bathtub. The remodeled bathrooms of the rear units boast new vanities, new toilets, and pristinely refinished shower/tubs. Brand new carpet in all the bedrooms; freshly painted interior/exterior; laundry area inside. Located within minutes of schools, parks, Metro lines, 110 & 105 freeways, USC, Downtown, Hollywood Park, and LAX.

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Tax History for 1266 W 89Th St

Assessed Value (2020): $668,560
Year Land Value Improved Value Assessed Value
2020 $424,483 $244,077 $668,560

Home Value Compared to the Market

This property vs the competition

1266 W 89Th St sold on July 14, 2020 for 30.67% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1266 W 89Th St

Detailed summary of property

1266 W 89Th St is a multi family that recently sold in Los Angeles, CA 90044. This multi family property offered 5 bedrooms, 4 bathrooms, roughly -- living square feet, and sits on an approximately 6,131 square foot lot. 1266 W 89Th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $833,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 30.67% lower than the current median priced home. Local homes that are currently for sale include 1031 W Century Blvd, 725 W 85th St and 1136 W 101St St. While the average home in Los Angeles, CA is selling in 92 days, 1266 W 89Th St has a days on market of 7 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1266 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 1266 W 89Th St

Public county record property details
Beds
6
Baths
4
Year built
1962
Sq. Ft.
3,182
Lot Size
6,131
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
405
APN
6047-012-002

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
$670,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), 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.

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