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Seller's Agent in 2021
Umer Khan
RE/MAX
(310) 722-3204
1 in this area
13 Total Sales
1121 E 89th St Los Angeles, CA 90002
Estimated Value: $860,434 - $930,000
7
Beds
4
Baths
2,000
Sq Ft
$448/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Wood Flooring
- Cooling System Mounted To A Wall/Window
- Fireplace in Kitchen
- Granite Countertops
- Recessed Lighting
About This Home
As of August 20213 UNITS on a Lot & VACANT & FULLY REMODELED!!! 4 Bed 2 Bath front home. 2 Bed 1 Bath, 1 bed /Large Single. Fully Remodeled. New floors, Bathrooms, Kitchens, freshly painted interior and exterior, new appliances, new blinds, new doors, new windows, termite work completed, roof repaired, new appliances, new iron fence, new front yards, new tiled entry. All units have their own yards. On top of all these, it is FULLY VACANT. All units are very spacious, Covered driveway parking with space for up to 4 cars. Rear home has 2 car spaces additional. Separate entry for each home. Great location, close to the freeways, shopping, and schools. This Property is in super nice condition with no tennant issues. It is hard to find rental property where you can set up your own rents with your choice of tenants. Strong rental market in the area. Must see to appreciate value and potential. You could live in one unit and rent the others. Dream Income Property.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,878
Year Built
- Built in 1925
Lot Details
- 5,000 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Wrought Iron Fence
- Brick Fence
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- Attached Carport
- Parking Available
- Brick Driveway
Home Design
- Duplex
- Bungalow
- Turnkey
- Brick Foundation
- Fire Rated Drywall
- Shingle Roof
- Asbestos Shingle Roof
- Pre-Cast Concrete Construction
- Partial Copper Plumbing
Interior Spaces
- 2,000 Sq Ft Home
- Ceiling Fan
- Recessed Lighting
- Electric Fireplace
- Gas Fireplace
- Blinds
- Family Room with Fireplace
- Living Room with Fireplace
- Dining Room with Fireplace
- Den with Fireplace
Kitchen
- Gas Oven
- Range Hood
- Microwave
- Dishwasher
- Granite Countertops
- Ceramic Countertops
- Fireplace in Kitchen
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Gas And Electric Dryer Hookup
Home Security
- Window Bars
- Security Lights
- Closed Circuit Camera
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Accessible Home Design
- No Interior Steps
- Accessible Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Underground Utilities
- Septic Type Unknown
- Phone Available
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 308
- Tax Tract Number 7421
- Assessor Parcel Number 6043005022
Community Details
Overview
- 2 Buildings
- 3 Units
Recreation
- Bike Trail
Building Details
- 3 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $50
- Fuel Expense $25
- Insurance Expense $60
- Trash Expense $65
- Water Sewer Expense $65
- Operating Expense $240
- Gross Income $63,500
- Net Operating Income $63,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 29, 2021
Closed on
Aug 13, 2021
Sold by
Jl Real Estate Investment Llc
Bought by
Araujo Leonor
Seller's Agent
Umer Khan
Remax Top Team
Buyer's Agent
Edwin Rivera
Fathom Realty Group Inc.
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,180
Avg. Annual Appreciation
3.72%
Original Mortgage
$531,000
Outstanding Balance
$484,923
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$410,686
Purchase Details
Closed on
Nov 20, 2019
Sold by
Lierenas John
Bought by
Jl Real Estate Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.5%
Purchase Details
Closed on
Sep 5, 2013
Sold by
Carter Mable and The Willie & Mable Carter Fami
Bought by
Llerenas John
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 14, 1996
Sold by
Carter Willie and Carter Mable
Bought by
Carter Willie and Carter Mable
Purchase Details
Closed on
Jun 29, 1994
Sold by
Carter Willie and Carter Willis
Bought by
Carter Willie and Carter Mable
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Araujo Leonor | $775,000 | Fidelity National Title Co | |
| Jl Real Estate Investments Llc | -- | Lawyers Title | |
| Llerenas John | $225,000 | None Available | |
| Carter Willie | -- | -- | |
| Carter Willie | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Araujo Leonor | $531,000 | |
| Previous Owner | Jl Real Estate Investments Llc | $160,000 | |
| Previous Owner | Llerenas John | $168,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2021 08/26/21 | Sold | $775,000 | +3.5% | $388 / Sq Ft |
| 07/17/2021 07/17/21 | For Sale | $749,000 | -3.4% | $375 / Sq Ft |
| 07/15/2021 07/15/21 | Pending | -- | -- | -- |
| 07/12/2021 07/12/21 | Off Market | $775,000 | -- | -- |
| 06/29/2021 06/29/21 | For Sale | $749,000 | -- | $375 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,878 | $822,436 | $530,604 | $291,832 |
| 2024 | $10,878 | $806,310 | $520,200 | $286,110 |
| 2023 | $10,524 | $790,500 | $510,000 | $280,500 |
| 2022 | $10,804 | $775,000 | $500,000 | $275,000 |
| 2021 | $4,728 | $312,564 | $181,196 | $131,368 |
| 2020 | $4,758 | $309,360 | $179,339 | $130,021 |
| 2019 | $4,595 | $303,295 | $175,823 | $127,472 |
| 2018 | $4,476 | $297,349 | $172,376 | $124,973 |
| 2016 | $4,284 | $285,805 | $165,684 | $120,121 |
| 2015 | $4,222 | $281,513 | $163,196 | $118,317 |
| 2014 | $4,226 | $276,000 | $160,000 | $116,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Edwin Rivera
Fathom Realty Group Inc.
(562) 448-6775
2 in this area
147 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21141785
APN: 6043-005-022
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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