NOT LISTED FOR SALE

1220 E 89th St Los Angeles, CA 90002

Estimated Value: $695,000 - $817,000

5 Beds
4 Baths
1,494 Sq Ft
$501/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $725,000 $485 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,830/month

52 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Back Yard
  • Laundry Room

About This Home

As of October 2021

Investor dream!! Newly renovated!! Duplex with Bonus Detached Studio. Total 3 separate rentable units. 2 bedrooms 1.5 bathrooms in the front unit. 2 bedrooms and 1 bathroom in the back unit and a studio with bathroom in middle unit. All units are fully upgraded with Luxury Waterproof Flooring, Dual Panel Windows, New Bathrooms with designer tile, New Doors, Baseboard, Recessed Lighting, Interior and Exterior Paint, New Concrete Yard / Parking Spaces , New AC units, New Water Heater, New Vinyl Fence, Security Alarm System and New Sod and Landscaping. There are so many upgrades on this property. You can rent it all out at top market rate or live in one and rent out the others. This one won't last!!--

Last Agent to Sell the Property

Alan Ng

Exp Realty of California Inc License #01934394 Listed on: 06/25/2021

Exp Realty of California Inc

Last Buyer's Agent

Phoebe Meefu Choong

CMF Real Estate Capital Group License #01324487

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,027 Sq Ft Lot
  • No Common Walls
  • Back Yard

Home Design

  • 1,494 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 347 / 13
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043011012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

5,027 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 6043011012
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 485.27

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5027.00
  • Lot Size Acres: 0.1154

Multi Family

  • Lot Size Area: 5027.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 13
  • Tax Census Tract: 5352.00
  • Tax Lot: 347
  • Tax Tract Number: 7421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 1998
Sold by
Evans Trevon and Fields Wanika
Bought by
Smith Betty Jean
Current Estimated Value
$773,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 15, 1996
Sold by
Evans Trevon and Fields Wanika
Bought by
Smith Betty Jean and Evans Trevon

Purchase Details

Closed on
Sep 2, 1933
Sold by
Smith Hiawatha
Bought by
Evans Trevon and Fields Wanika
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Betty Jean -- United Title Company
Smith Betty Jean -- --
Evans Trevon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Smith Betty Jean $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2021 10/01/21 Sold $725,000 +3.7% $485 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/05/2021 08/05/21 Price Changed $699,000 -6.7% $468 / Sq Ft
08/04/2021 08/04/21 For Sale $749,500 +3.4% $502 / Sq Ft
08/03/2021 08/03/21 Off Market $725,000 -- --
07/15/2021 07/15/21 Price Changed $749,500 -6.2% $502 / Sq Ft
06/25/2021 06/25/21 For Sale $799,000 -- $535 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,200 $769,375 $530,604 $238,771
2024 $10,200 $754,290 $520,200 $234,090
2023 $9,858 $739,500 $510,000 $229,500
2022 $9,395 $725,000 $500,000 $225,000
2021 $3,399 $202,745 $115,856 $86,889
2020 $3,417 $200,908 $114,669 $86,239
2019 $3,308 $196,974 $112,421 $84,553
2018 $3,216 $193,117 $110,217 $82,900
2016 $3,084 $185,389 $105,938 $79,451
2015 $3,041 $182,605 $104,347 $78,258
2014 $3,047 $179,029 $102,303 $76,726
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21138410

California Regional Multiple Listing Service (CRMLS)

APN: 6043-011-012

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