126 E 89th, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
126 E 89th
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 126 E 89th, Los Angeles, California 90003 is currently available with a list price of $899,999. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1964, this quadruplex is well-maintained but shows clear signs of age. The interiors feature dated kitchen cabinetry, older tile countertops, and basic bathroom fixtures. While functional and currently occupied, the property lacks modern renovations and is positioned as a 'value-add' opportunity, requiring cosmetic and system updates to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Income Potential
With three units currently rented and one vacant, the property offers immediate cash flow while allowing an owner-user or investor to set market rent for the vacant unit.
- Desirable Unit Mix
The quadruplex features a uniform layout of four 2-bedroom, 1-bathroom units, which are highly sought after in the rental market for long-term stability.
- Functional Amenities
Each unit includes individual laundry hookups and access to on-site parking, providing essential conveniences that enhance tenant retention and property value.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1964, the property may require significant capital improvements or modernization to systems and interiors to maximize its long-term upside.
- Management Intensity
Managing a multi-unit residential income property in a high-density urban area requires active oversight and potential 'value-add' investment to realize its full financial potential.
About 126 E 89th
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
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1964
- Lot Size
- 5,386 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 3,204 | 1,907 | 77% |
| Lot Size | 5,386 | 5,206 | 64% |
| Price | $900.0K | $770.0K | 77% |
| Price per sq ft | $281 | $360 | 26% |
| Built year | 1964 | 1923 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 204 | 5% |
Pricing History
Listed for Sale
Feb 20, 2026
$899,999
Initial Listing
Sold
Mar 31, 2006
$650,000
Public Record
Sold
Aug 19, 2005
$550,000
Public Record
Sold
Oct 5, 2004
$400,000
Public Record
Sold
Jun 1, 2001
$304,000
Public Record
Sold
Feb 2, 2001
$200,000
Public Record