Back To Search
242 89th Street
Los Angeles, CA 90003
Sold
Welcome to remarkable opportunity for multifamily in Los Angeles that presents a myriad of enticing features for buyers seeking a smart investment opportunity. With 2 out of the 3 units currently vacant, this property offers an excellent cashflow potential in the thriving Los Angeles market. Perfect for either owner-occupiers and investors, this triplex can cater to a variety of needs. Whether you choose to maintain it as-is and start generating income immediately or explore its development potential for something even more remarkable, the choice is yours. Adding to its appeal, the property currently houses a reliable Section 8 tenant and the building has passed the May 2023 inspection, ensuring a stable rental income stream. The building is equipped with secure gates in both the front and back of the property, providing peace of mind for residents. With its desirable unit mix of 2 spacious two-bedroom units and 1 comfortable one-bedroom unit, this triplex offers versatile housing options to meet different market demands. Additionally, the separate electric and gas meters provide convenience and ease for both tenants and owners. Conveniently located with good access to public transit, this triplex offers the added advantage of easy commuting and accessibility to nearby amenities, making it an attractive choice for prospective occupants. Don't miss out on this remarkable opportunity to own a triplex with tremendous potential in the thriving city of Los Angeles.
PROPERTY INFORMATION
| MLS # | SB23103809 | Lot Size | 5,204 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Triplex |
| Price | $ 599,000
Price Per SqFt: $ 416 |
DOM | 691 Days |
| Address | 242 89th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 1,440 Sq. Ft. |
| Postal Code | 90003 | Garage | N/A |
| County | Los Angeles | Year Built | 1929 |
| Bed / Bath | 5 / 0 | Parking | 5 |
| Built In | 1929 | Status | Closed |
| Sold Date | 2023-08-15 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $639
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 06/13/2023 | Listed | $599,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 242 89th Street?
Los Angeles Similar Properties
Listing provided courtesy of Daniel "Dow" Chang, Haus Investments. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
