153 W 89th Street, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath

153 W 89th Street, Los Angeles, California 90003 home-pic-0
ACTIVE$789,900
153 W 89th Street, Los Angeles, California 90003
0Bed
0Bath
1,641Sqft
5,401Lot
Year Built
1962
Close
-
List price
$790K
Original List price
$800K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
WS24173241
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

We found 2 Cons,3 Pros. Rank: price - $789.9K(52th), sqft - 1641(43th), beds - undefined(50th), baths - undefined(50th).

Nestled in the heart of the Broadway-Manchester neighborhood of Los Angeles, this charming duplex is a prime opportunity for investors or homeowners seeking income potential. The property features two detached structures, offering privacy and versatility for its occupants. The front unit is a cozy 2-bedroom, 1-bath residence, while the back unit boasts a spacious 3-bedroom, 1-bath layout. Each unit is thoughtfully designed making this an ideal living arrangement for families or renters. The back unit stands out with its private entrance and dedicated electric meter, streamlining utility management. Inside, you’ll find a well-appointed kitchen with granite countertops, laminate flooring throughout, and the convenience of laundry hookups. Both units are equipped with tankless water heaters, ensuring energy efficiency and endless hot water. Complementing the property is a detached garage, presenting an exciting opportunity to convert it into a third unit or ADU, adding even more value and flexibility. Location is key, and this duplex delivers. Positioned near major freeways, schools, and public transportation, the property offers easy access to the best of Los Angeles. Within a 15-minute drive, you’ll find iconic destinations like SoFi Stadium, the Intuit Dome, and the vibrant downtown LA scene. Whether you’re looking to generate rental income or enjoy multi-generational living, this property provides the perfect combination of comfort, convenience, and potential. Don’t miss the chance to own a piece of this dynamic neighborhood. Contact us today for more information and to schedule a private showing of this exceptional investment opportunity!

Price History

Date
Event
Price
07/19/18
Sold
$515,000
10/14/16
Sold
$360,000
02/16/06
Sold
$475,000
Condition Rating
Fair

The property was built in 1962. The description mentions granite countertops and laminate flooring in the back unit's kitchen, and tankless water heaters in both units, suggesting some updates. However, the overall style and features visible in the images appear dated, and the bathrooms are not shown. Given the age and partial updates, a 'fair' condition score is appropriate.
Pros & Cons

Pros

Income Potential: Duplex property with two detached units provides immediate rental income opportunities.
ADU Potential: Detached garage offers the possibility of conversion into a third unit or ADU, increasing property value and income.
Convenient Location: Proximity to freeways, schools, public transportation, SoFi Stadium, Intuit Dome, and downtown LA enhances desirability.

Cons

Age: Built in 1962, the property may require updates to meet modern standards and preferences.
Limited Bathrooms: Each unit has only one bathroom, which may be a drawback for larger families or renters.

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