318 W 89th Street, Los Angeles, CA 90003

About this property

The unit mix consists of two (2) units comprised of one (1) 1+1 in front and one (1) 2+1 unit in the rear. The investment consists of approximately 1,516 of rentable square feet and is situated on an approximately 5,720 square foot parcel. The rear structure is newer as it was built in 2016 and the unit includes a washer/dryer hook up. Recent property upgrades include a newer two-car carport built in 2016, a new 2+1 unit in thee rear built in 2016, and newer windows throughout both units. The building amenities include, individual water heaters for each unit, secured gated entry and a large driveway with carport parking for two (2) spaces with additional uncovered spaces. The property is separately metered for electricity and the gas line is split between the two tenants. The property is subject to City of Los Angeles Rent Stabilization Ordinance and the property is not subject to the Los Angeles Soft-Story Retrofit Program.

Listing description from the August 2021 sale, as reported to CRMLS.

Sale history

$610,000

Sold August 2021 · listed $599,000, on market July 2021 · MLS #21762108 · Source: CRMLS

Listing Agent: Ian Hollinger · Listing Office: BRC Advisors- BH · Bought with: Shanelle Tolosa · Coldwell Banker Exclusive

$230,000

Sold July 2014 · listed $245,000, on market December 2013 · MLS #RS13241161 · Source: CRMLS

Listing Agent: Alvy Melendez · Listing Office: Popular Funding & Real Estate · Contact: 562-861-0056 · Bought with: Alvy Melendez · Popular Funding & Real Estate

$170,000

Sold September 2013 · listed $180,000, on market May 2013 · MLS #RS13089454 · Source: CRMLS

Listing Agent: Teresa Gutierrez · Listing Office: People's Real Estate Office · Contact: 562-250-0200 · Bought with: Javier Gomez · People's Real Estate Office

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