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234 W 89th St, Los Angeles, CA 90003
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234 W 89th St Los Angeles, CA 90003

$600,000 Sold Price as of 12/31/2020
  • 7 Beds
  • 3 Baths
  • 2,026 Sq.Ft.
Sold
$600,000 Sold Price as of 12/31/2020 Refinance Your Mortgage
Map preview of 234 W 89th St, Los Angeles, CA 90003

Property Overview: 234 W 89th St Los Angeles, CA has 7 bedrooms, 3 bathrooms, 2,026 living square feet and 5,203 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LIVE SMART...RENT 2 AND LIVE IN 1 - **EXCELLENT OPPORTUNITY TO PURCHASE THIS 3 UNIT INCOME PRODUCING PROPERTY FOR THAT OWNER USER LOOKING FOR HIGH DEMAND UNITS TO RENT OR JUST TO LIVE ON SITE : TOTAL COMBINED LIVING SQFT 2020 AND LOT SIZE 5203, PARKING IS NOT AN ISSUE HERE, RECENTLY CEMENTED DRIVEWAY. THIS IS THE ONE, ONLY $285 PER SQUARE FOOT. HERE IS THE BREAKDOWN: FRONT SFR: 3 BEDROOMS & 1 BATHROOM AND A DETACHED 2 STORY DUPLEX WITH 2 BEDROOMS AND 1 BATH EACH! COMMUTERS ENJOY CLOSE PROXIMITY TO PUBLIC TRANSPORTATION, SHOPPING CENTERS, BANKING CENTERS, 110 & 10 FREEWAYS AND MANY OTHER NEW DEVELOPMENTS IN THE AREA, THERE IS GROWTH EVERYWHERE! WE WELCOME YOUR 1031 EXCHANGE HERE, MAKE THIS LONG TERM SUSTAINABLE REAL ESTATE INVESTMENT YOURS, LOWEST INTEREST RATES FOR AN INCOME PRODUCING PROPERTY! ACT NOW, DO NOT MISS OUT ON THIS OPPORTUNITY.

Listed by XIO SANDOVAL | BRE #01308913 | CENTURY 21 REALTY MASTERS
Last checked: 24 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 128

Home details

Lot Sq. Ft
5,203
HOA Dues
$0/mo
Year built
1962
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
MB20149163
City
Los Angeles
County
Los Angeles
Time on Site
1345 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # 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: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,248
  • Total Rent: $1,248
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,231
  • Total Rent: $1,231
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $51,588
  • Net Operating Income: $48,888
  • Gross Operating Income: --
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Other Income 1: $100
  • Other Income Description: Parking Fee for 1 unit
Annual Expense Breakdown
  • Total Operating Expense: $2,700
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $7,187
  • Trash: $820
  • Insurance: $1,000
  • Water/Sewer: $1,700

Virtual Tour

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Property Details for 234 W 89th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6040029024
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Private
Location / Neighborhood
Location Information
  • Directions: Between Broadway and Main Street
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 234 W 89th St

Last sold on February 23rd, 2021

  • February, 2021

  • Feb 23, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2020

  • Dec 31, 2020

    Date

    Sold

    CRMLS: MB20149163

    $600,000

    Price

  • Dec 3, 2020

    Date

    Active Under Contract

    CRMLS: MB20149163

    $575,000

    Price

  • Jul 27, 2020

    Date

    Active

    CRMLS: MB20149163

    $575,000

    Price

  • December, 2020

  • Dec 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $600,000

    Price

  • May, 2020

  • May 14, 2020

    Date

    Expired

    CRMLS: 320000644

    $620,000

    Price

  • Apr 2, 2020

    Date

    Hold

    CRMLS: 320000644

    $620,000

    Price

  • Mar 6, 2020

    Date

    Price Change

    CRMLS: 320000644

    $620,000

    Price

  • Feb 18, 2020

    Date

    Active Under Contract

    CRMLS: 320000644

    $599,000

    Price

  • Feb 18, 2020

    Date

    Active

    CRMLS: 320000644

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    This is a Triplex at good location in LA. Welcome investor! 3 units in 2 buildings. 2 bedroom 1 bath in front house and other two 2 bedroom 1 bath in rear house, all units were remodeled in 2012 and being rented under Section 8 in accordance with LA Housing Authority. Please do not disturb tenants!! Total monthly rent income is $ 4,229.

  • January, 2020

  • Jan 30, 2020

    Date

    Canceled

    CRMLS: 319004553

    $599,000

    Price

  • Jan 7, 2020

    Date

    Active

    CRMLS: 319004553

    $599,000

    Price

  • Dec 6, 2019

    Date

    Active Under Contract

    CRMLS: 319004553

    $599,000

    Price

  • Nov 14, 2019

    Date

    Active

    CRMLS: 319004553

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    This is a Triplex in good location of LA. Welcome investor! 3 units in 2 buildings. 2 bedroom 1 bath in front house and other two 2 bedroom 1 bath in rear house, all units were remodeled in 2012 and being rented under Section 8 in accordance with LA Housing Authority. Please do not disturb tenants!! Total monthly rent income is $ 4,229.

  • June, 2018

  • Jun 4, 2018

    Date

    Sold

    CRMLS: SB18066590

    $559,000

    Price

  • May 11, 2018

    Date

    Pending

    CRMLS: SB18066590

    $525,000

    Price

  • May 1, 2018

    Date

    Active Under Contract

    CRMLS: SB18066590

    $525,000

    Price

  • Apr 17, 2018

    Date

    Active

    CRMLS: SB18066590

    $525,000

    Price

  • Apr 10, 2018

    Date

    Active Under Contract

    CRMLS: SB18066590

    $525,000

    Price

  • Apr 5, 2018

    Date

    Active

    CRMLS: SB18066590

    $525,000

    Price

  • Mar 30, 2018

    Date

    Active Under Contract

    CRMLS: SB18066590

    $525,000

    Price

  • Mar 27, 2018

    Date

    Active

    CRMLS: SB18066590

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    *Recently Renovated Triplex of your dreams* This is a 3 Bedroom 1 bath front house with not one but two, 2 bedroom 1 bath units in the rear structure All units were Completely remodeled in 2012, and have been well maintained. All units are currently fully rented (section 8) in accordance with the Los Angeles Housing Authority.**** Please DO NOT DISTURB TENANTS**** H.A.C.L.A Pays: $3613 per month Rents are: $112/ month for unit #1 ( 2 bedroom bottom unit) + $50/ month for unit #2 (2 bedroom upper unit) + $363/ month ( Front Unit 3 bedroom) = $525 / month. Total Income: $4,138 / per month.

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Tax History for 234 W 89th St

Assessed Value (2020): $582,203
Year Land Value Improved Value Assessed Value
2020 $312,120 $270,083 $582,203

Home Value Compared to the Market

This property vs the competition

234 W 89th St sold on December 31, 2020 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 $283.81 per/sqft which puts the price per square foot 60.8% lower than the current median sale per square foot for the city of Los Angeles.

About 234 W 89th St

Detailed summary of property

234 W 89th St is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 7 bedrooms, 3 bathrooms, roughly 2,026 living square feet, and sits on an approximately 5,203 square foot lot. 234 W 89th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $600,000. 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 919 E 92nd St, 829 E Century Blvd and 940 W 76th St. While the average home in Los Angeles, CA is selling in 106 days, 234 W 89th St has a days on market of 128 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 234 W 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 234 W 89th St

Public county record property details
Beds
6
Baths
3
Year built
1962
Sq. Ft.
2,026
Lot Size
5,203
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
45
APN
6040-029-024

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
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

Thinking of Selling?

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(714) 706-1823

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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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