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1218 E 89th St
Pending
Multi-Family
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$750,000

1218 E 89th St, Los Angeles

52% below median
0 bd·2 ba·0 sqft
Built 19254,961 sqft lotSouth LA

1218 E 89th St, Los Angeles, CA

0 bd · 2 ba · 0 sqft Multi-Family listed at $750,000, built in 1925 in the South LA neighborhood.

About this home

Enjoy the best of Los Angeles living with this centrally located updated Duplex offering flexibility, income potential, and future upside. Featuring Two separate detached 2-bedroom, 1-bath units, this property is ideal for an owner-occupant looking to live in one unit while generating rental income from the other, or for investors seeking strong market rents in a prime location. Features include: New Roofs, quartz countertops, shaker cabinets, mini splits for AC & Heat, dual pane vinyl windows, recessed lighting, new paint & much more. Just minutes from Downtown Los Angeles, the USC Coliseum, and many of LA's most iconic destinations, the property offers both convenience and long-term desirability. A detached one-car garage presents exciting potential for a future ADU (buyer to verify), adding even more value. The spacious layout between the three structures provides ample parking and outdoor space, along with a gated rear alley entrance for added accessibility and privacy. A rare opportunity in the heart of Los Angeles with income potential and room to grow.

Property details

Price
$750,000
Bedrooms
0
Bathrooms
2
Year built
1925
Lot size
4,961 sqft
Type
Multi-Family
Days on market
57
Est. property tax
$5,625/yr · $469/mo · 0.75% CA avg
Last sold
$200,000 · Apr 2009

Estimated monthly payment

Down payment20% ($150,000)
Interest rate6.75%
Principal & Interest$3,892
Property Tax$688
Insurance$150
Total$4,729/mo

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Location

This home is located in Los Angeles, CA. Browse more Los Angeles listings on the Los Angeles market page or explore the full Los Angeles market report.

Home Intelligence

Neighborhood (zip 90002)

This neighborhood skews young (median age 30.2). 5% hold a bachelor's degree; 41% of homes are owner-occupied; median household income is $54,221.

Median income
$54,221
Median age
30.2
Owner-occupied
40.8%
Bachelor's degree
5.1%
Census median home value
$462,400

Source: US Census Bureau American Community Survey 5-year estimates.

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