1035 West 89th Street

Los Angeles, CA 90044

$875,000
Price
4
Beds
5
Baths
2,822 Sq. Ft.
$310 / Sq. Ft.
2,822
Sq. Ft.
$310
per Sq. Ft.

Description

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 features 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 comprised of (2) two-bedroom/one-and-a-half-bathroom townhome style units totaling 928 square feet...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 features 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 comprised 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.
  1. Listed by Jason Kirklen • DRE #01939655 • Brokerage DRE #02128238 • Kirklen Investment Group • 949-942-1302

Property Details for 1035 West 89th Street

Parking Spaces Total
2
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2822
Assessor Parcel Number
6047-009-045
Property Attached YN
true

Location

Listing Courtesy of Kirklen Investment Group, Jason Kirklen, DRE #01939655
Add your commute
LISTING UPDATED: 02/23/2024 10:34 PM

Property Details for 1035 West 89th Street

StatusActive
MLS #OC24037017
Days on Market68
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.21 AC / 9,122 SF
CountyLos Angeles County

Location

Listing Courtesy of Kirklen Investment Group, Jason Kirklen, DRE #01939655
Add your commute

Building Information for 1035 West 89th Street

Stories2Residences-Year Built1926Building Size-Lot Size0.21 AC / 9,122 SF

Payment Calculator

$5,272 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$497

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1035 West 89th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $56,454
  • Gross Scheduled Income: $58,200
  • Net Operating Income: $30,743
Expense Details
  • Operating Expense: $25,711
  • Insurance Expense: $2,399
  • Trash Expense: $955
  • Water Sewer Expense: $1,076
  • Total Expenses: $25,711
Tax / Assessment Info
  • Tax Tract Number: 6001
  • CFD/Mello-Roos Fee: $855
  • Tax Lot: 354
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 16-20 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,625
  • Unit Type Total Rent: $3,250
  • Unit Type Pro Forma: 1690
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1664
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1035 West 89th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1035 West 89th Street

Taxable ValueLand$232,312Additions$136,651Total$368,963
Tax Record2023$5,959 ($497 / month)
Home Facts
Total Finished SqFt2,822 SqFtAbove Grade Finished SqFt2,822 SqFtLot Size9,122 SqFtStyleTriplexYear Built1926ZoningLCR320U*CountyLOS ANGELESAPN6047-009-045

Schools near 1035 West 89th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Ninety-Fifth Street Elementary School
PublicK to 5

Bret Harte Preparatory Middle School
Public6 to 8

George Washington Preparatory High School
Public9 to 12

Vox Collegiate of Los Angeles
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1035 West 89th Street is a multi-family home for sale in Los Angeles, CA 90044. This property was listed for sale on February 22, 2024 by Kirklen Investment Group, it's currently listed at $875,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Ninety-Fifth Street Elementary School, Bret Harte Preparatory Middle School and George Washington Preparatory High School. 1035 West 89th Street is a 4-bed, 5-bath, 2,822 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Kirklen Investment Group, Jason Kirklen, DRE #01939655

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.