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$875,000   Price Analysis
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1035 W 89th St
Los Angeles, CA 90044
6 bed 5 bath 2,822 SqFt ($310/SqFt)
9,122SqFt lot. Built 1926
Listed 2024-02-23, Taxes $5,722
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We proudly offer the opportunity to acquire 1035 W 89th Street

A 3-unit multifamily investment property located in Unincorporated Los Angeles County. The subject property feat ures two separate buildings situated on a large 9, 122 square foot lot. The front building is a 1926 built, two-bedroom/one-bathroom detached single-family home totaling 966 square feet. The back structure was built in 1965 and is cmprised of (2) two-bedroom/one-and-a-half-bathroom townhome style units totaling 928 square feet each.

Residents enjoy various amenities such as washer/dryer hook ups in units, ample on-site parking (6 parking spaces total), gated entry, front yard and patio, shared central courtyard and semi-private backyard for a select unit. Current ownership has also replaced both roofs on both buildings (2021) and has also installed a new roof for the carport parking. (2024). The property is also equipped with three individual 40-gallon water heaters and consists of tile flooring throughout all three units.


Presented by Jason Kirklen at
Kirklen Investment Group.


Property MLS #OC24037017 from CRMLS

Bedrooms: 6

Laundry Features: Gas Dryer Hookup, Washer Hookup

Full Bathrooms: 5

Lot Description: 16-20 Units/Acre
Lot Size Acres: 0.2094123
Lot Size Source: Assessor
Lot Size Square Feet: 9122

Garage Spaces: 1
Parking Total: 2

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1

Rent Control: Yes

Community Features: Curbs, Gutters, Sidewalks

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 2399.00
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 1
Parcel Number: 6047009045
Trash Expense: 955.00
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$133,972 + $227,757
$361,729
$5,722
2021$131,346 + $223,292
$354,638
$5,663
2020$130,000 + $221,003
$351,003
$5,697
2019$127,451 + $216,670
$344,121
$5,512
2018$124,952 + $212,422
$337,374
$5,408
2017$122,502 + $208,257
$330,759
$5,316
2016$120,100 + $204,174
$324,274
$5,151
2015$118,296 + $201,108
$319,404
$5,079
2014$115,979 + $197,169
$313,148
$5,093
2013$115,455 + $196,278
$311,733
$5,060
2012$113,192 + $192,430
$305,622
$5,076
2010$110,973 + $188,657
$299,630
$4,954
2009$110,406 + $187,693
$298,099
$4,773
2009$110,144 + $187,248
$297,392
$4,773
2008$108,242 + $184,013
$292,255
$4,595
2007$106,120 + $180,405
$286,525
$4,437

Listed 2024-02-23
$875,000
CRMLS
Listing removed 2013-02-08
$399,999
CRMLS
Listing removed 2013-02-06
$399,999
ITECH
Listing removed 2013-02-05
$399,999
SoCalMLS
Relisted 2013-01-30
$399,999
CRMLS
Relisted 2012-11-06
$399,999
SoCalMLS
Listing removed 2012-10-26
$399,999
SoCalMLS
Listing removed 2012-10-12
$399,999
CRMLS
Listed 2012-10-11
$399,999
CRMLS
Listed 2012-08-25
$399,999
ITECH
Listed 2012-08-25
$399,999
SoCalMLS
Sold 2003-07-08
$270,300
ITECH
Listed 2003-01-22
$269,000
ITECH
Listing removed 2002-07-18
$267,000
ITECH
Listed 2002-01-16
$267,000
ITECH
Listing removed 2001-10-18
$264,000
ITECH
Listed 2001-06-16
$264,000
ITECH
Sold 1999-08-09
$220,000
Public Record
Sold 1981-12-23
$24,500
Public Record
Sold 1980-12-04
$91,000
Public Record

Net Operating Income: 30743.00

Total Square Feet Living: 2822
Year Built: 1926
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: Front
Property Age: 98
Property Attached: Yes
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 1076.00
Water Source: Public

Bret Harte Preparatory Middle School is a public middle school located approximately 0.5 miles away.
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Ninety-Fifth Street Elementary School is a public elementary school located approximately 0.6 miles away.
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George Washington Preparatory High School is a public high school located approximately 1.5 miles away.
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St.Michael Elementary School is a private elementary and middle school located approximately 0.1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.