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1618 E 89th St, Los Angeles, CA 90002
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1618 E 89th St Los Angeles, CA 90002

$675,000 Sold Price as of 03/26/2020
  • 7 Beds
  • 3 Baths
  • 2,578 Sq.Ft.
Sold
$675,000 Sold Price as of 03/26/2020 Refinance Your Mortgage
Map preview of 1618 E 89th St, Los Angeles, CA 90002

Property Overview: 1618 E 89th St Los Angeles, CA has 7 bedrooms, 3 bathrooms, 2,578 living square feet and 8,632 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This property consists of one 3-bedroom 1- bath and two 2 bedroom 1- bath triplex in Los Angeles, CA. Centrally located, close to shopping, restaurants and transportation. Property has been kept in good condition with alley access and it's situated in a great rental area of Los Angeles.

Listed by Eric Polo | BRE #01830939 | Century 21 Realty Masters
Last checked: 2 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
8,632
HOA Dues
$0/mo
Year built
1930
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW20025602
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,545
  • Total Rent: $1,545
  • Pro Forma/Market Rent: $2,185
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $1,679
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Actual Rent: $1,236
  • Total Rent: $1,236
  • Pro Forma/Market Rent: $1,679
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $55,000
  • Net Operating Income: $47,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,692
  • New Taxes: $341
  • Trash: $200
  • Insurance: $100

Property Details for 1618 E 89th St

Interior Features
Laundry Information
  • Has Laundry
  • Outside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Auto Driveway Gate, Carport, Attached Carport, Converted Garage, Concrete
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6044005018
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Firestone Blvd, East of Compton Ave
Neighborhood Information
  • Community Features: Suburban, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1618 E 89th St

Last sold for $675,000 on March 26th, 2020

  • March, 2020

  • Mar 26, 2020

    Date

    Sold

    CRMLS: DW20025602

    $675,000

    Price

  • Mar 17, 2020

    Date

    Pending

    CRMLS: DW20025602

    $660,000

    Price

  • Feb 19, 2020

    Date

    Active Under Contract

    CRMLS: DW20025602

    $660,000

    Price

  • Feb 5, 2020

    Date

    Active

    CRMLS: DW20025602

    $660,000

    Price

  • March, 2020

  • Mar 25, 2020

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

  • October, 2018

  • Oct 2, 2018

    Date

    Sold

    CRMLS: DW18162026

    $627,000

    Price

  • Jul 26, 2018

    Date

    Pending

    CRMLS: DW18162026

    $624,999

    Price

  • Jul 23, 2018

    Date

    Hold

    CRMLS: DW18162026

    $624,999

    Price

  • Jul 6, 2018

    Date

    Active

    CRMLS: DW18162026

    $624,999

    Price

  • Listing provided courtesy of CRMLS

    TRIPLEX - 3 rental units- Front House is set up as 3/1, med house 2/1, back house 2/1 & small gar/storage conversion studio (rented for $600) (illegal/studio). Property has lots of potential & great income property. No Rent Control. Walking distance to Schools, Metro Blue Line & shops. Adjacent to the city of South Gate.

  • October, 2018

  • Oct 2, 2018

    Date

    Sold (Public Records)

    Public Records

    $627,000

    Price

Show More

Tax History for 1618 E 89th St

Assessed Value (2020): $639,540
Year Land Value Improved Value Assessed Value
2020 $367,200 $272,340 $639,540

Home Value Compared to the Market

This property vs the competition

1618 E 89th St sold on March 26, 2020 for 44.54% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $256.01 per/sqft which puts the price per square foot 66.09% lower than the current median sale per square foot for the city of Los Angeles.

About 1618 E 89th St

Detailed summary of property

1618 E 89th St is a multi family that recently sold in Los Angeles, CA 90002. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,578 living square feet, and sits on an approximately 8,632 square foot lot. 1618 E 89th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $675,000. 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 44.54% lower than the current median priced home. Local homes that are currently for sale include 2015 E 105th St, 1503 E 109th St and 402 E 92nd St. While the average home in Los Angeles, CA is selling in 94 days, 1618 E 89th St has a days on market of 9 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1618 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 1618 E 89th St

Public county record property details
Beds
6
Baths
3
Year built
1930
Sq. Ft.
2,578
Lot Size
8,631
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
29
APN
6044-005-018

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
$587,000
Median List Price/Sq.Ft.
$482
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
36
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

Thinking of Selling?

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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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