126 E 89th St Los Angeles, CA 90003
Broadway-Manchester NeighborhoodAbout This Home
Excellent investment opportunity in South Los Angeles! Rarely available quadruplex at 126 E 89th Street featuring four separate units – each with 2 bedrooms and 1 bathroom. Well-configured floorplans provide comfortable living space in each unit, with individual laundry hookups included. Plenty of on-site parking and strong long-term upside. Conveniently located near LAX, major freeways, and local amenities, this versatile property is ideal for owner-occupiers or investors looking to add quality rental units to their portfolio. Don’t miss this value-add opportunity in a desirable rental market! THREE UNITS CURRENTLY RENTED AND ONE UNIT VACANT !!!!!! OFFERING IMMEDIATE INCOME POTENTIAL
Listing Agent
Century 21 Cornerstone Brokerage Phone: 310 941-8216 License #01901640 Listed on: 02/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1964
Lot Details
- 5,386 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 2nd floor
Interior Spaces
- 3,204 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 4 Parking Spaces
- Parking Available
- Uncovered Parking
- Parking Lot
Listing and Financial Details
- Tax Lot 14
- Tax Tract Number 4576
- Assessor Parcel Number 6041006012
- $576 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $1,800
- Trash Expense $1,200
- Operating Expense $3,000
- Net Operating Income $47,040
Map
Home Values in the Area
Average Home Value in this Area
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 | $9,787 | $787,420 | $384,961 | $402,459 |
| 2024 | $9,787 | $771,981 | $377,413 | $394,568 |
| 2023 | $9,603 | $756,845 | $370,013 | $386,832 |
| 2022 | $9,166 | $742,006 | $362,758 | $379,248 |
| 2021 | $9,043 | $727,458 | $355,646 | $371,812 |
| 2019 | $8,427 | $676,000 | $330,600 | $345,400 |
| 2018 | $6,792 | $536,000 | $262,100 | $273,900 |
| 2016 | $6,050 | $480,000 | $234,700 | $245,300 |
| 2015 | $5,693 | $450,000 | $220,000 | $230,000 |
| 2014 | $5,526 | $424,000 | $206,000 | $218,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/20/2026 02/20/26 | For Sale | $899,999 | -- | $281 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Grant Deed | $650,000 | Investors Title | |
| Grant Deed | $550,000 | Gateway Title | |
| Grant Deed | $400,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $304,000 | American Title Co | |
| Grant Deed | $200,000 | United Title Company | |
| Corporate Deed | -- | Benefit Land Title Ins Co | |
| Trustee Deed | $314,971 | Benefit Land Title Ins Co | |
| Individual Deed | $307,000 | Southland Title Corporation | |
| Interfamily Deed Transfer | -- | Southland Title Corporation | |
| Corporate Deed | $75,090 | First American Title Co | |
| Trustee Deed | $191,055 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $97,500 | Stand Alone Second | |
| Previous Owner | $520,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $440,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $299,303 | FHA | |
| Previous Owner | $175,000 | No Value Available | |
| Previous Owner | $289,418 | FHA | |
| Previous Owner | $165,000 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS26033558
APN: 6041-006-012
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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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