1404 W 89th St Unit 4 Los Angeles, CA 90047
Gramercy Park NeighborhoodEstimated payment $6,071/month
Total Views
46,117
8
Beds
8
Baths
3,720
Sq Ft
$254
Price per Sq Ft
Highlights
- Golf Course Community
- No HOA
- Park
About This Home
Seize the opportunity to invest in this outstanding rental property situated at 89th and Normandie, in the vibrant core of West Los Angeles. This four-plex features spacious two-bedroom units with one and a quarter baths, each providing 930 square feet of living space, making it an excellent choice for rental income. The property is conveniently located in the city area of Los Angeles.
Listing Agent
Serenity Realty Brokerage Email: charlotte@serenityrealtyofca.com License #02030730 Listed on: 10/14/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,229
Year Built
- Built in 1963
Lot Details
- 4,551 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
Interior Spaces
- 3,720 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tax Lot 123
- Tax Tract Number 644
- Assessor Parcel Number 6037019013
- $597 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Golf Course Community
- Park
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $5,342
- Trash Expense $450
- Operating Expense $5,792
- Gross Income $51,960
- Net Operating Income $104,616
Map
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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 |
|---|---|---|---|---|
| 2024 | $10,229 | $803,170 | $669,310 | $133,860 |
| 2023 | $10,042 | $787,423 | $656,187 | $131,236 |
| 2022 | $9,592 | $771,984 | $643,321 | $128,663 |
| 2021 | $9,457 | $756,848 | $630,707 | $126,141 |
| 2019 | $9,183 | $734,400 | $612,000 | $122,400 |
| 2018 | $8,192 | $645,047 | $451,533 | $193,514 |
| 2016 | $7,572 | $600,000 | $380,000 | $220,000 |
| 2015 | $1,312 | $81,755 | $27,109 | $54,646 |
| 2014 | $1,344 | $80,154 | $26,578 | $53,576 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Price Changed | $945,000 | -2.1% | $254 / Sq Ft |
| 01/11/2025 01/11/25 | Price Changed | $965,000 | -3.0% | $259 / Sq Ft |
| 12/16/2024 12/16/24 | Price Changed | $995,000 | +2.1% | $267 / Sq Ft |
| 10/14/2024 10/14/24 | For Sale | $975,000 | -- | $262 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | Pacific Coast Title Company | |
| Gift Deed | -- | Pacific Coast Title Company | |
| Grant Deed | -- | North American Title Company | |
| Grant Deed | -- | Title 365 | |
| Grant Deed | -- | Title 365 | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $672,000 | New Conventional | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $552,445 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $520,000 | New Conventional | |
| Previous Owner | $665,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $50,000 | Stand Alone First | |
| Previous Owner | $50,000 | Stand Alone First | |
| Previous Owner | $384,000 | Purchase Money Mortgage | |
| Previous Owner | $100,000 | Purchase Money Mortgage | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $212,500 | Unknown |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG24213361
APN: 6037-019-013
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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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