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 UNDER CONTRACT$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
$790K
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
WS25035848
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 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
Good

Built in 1962, the property has undergone significant modern renovations, particularly in the back unit. The images showcase a kitchen with granite countertops, white shaker-style cabinets, stainless steel appliances, and modern laminate flooring. The bathroom also features contemporary fixtures and finishes. Both units are equipped with energy-efficient tankless water heaters. While the front unit's condition is less detailed and central AC is absent, the visible and described upgrades make the property largely move-in ready with modern amenities in key areas, aligning with a 'Good' condition score.
Pros & Cons

Pros

Income Potential: As a duplex, the property offers a prime opportunity for investors or homeowners seeking rental income or multi-generational living arrangements.
ADU Conversion Potential: The detached garage presents an exciting opportunity to convert it into a third unit or Accessory Dwelling Unit (ADU), significantly adding value and flexibility.
Strategic Location: Positioned near major freeways, schools, and public transportation, with easy access to iconic destinations like SoFi Stadium, Intuit Dome, and downtown LA within a 15-minute drive.
Unit Privacy & Features: Features two detached structures offering enhanced privacy, with the back unit benefiting from a private entrance and dedicated electric meter for streamlined utility management.
Modern Upgrades & Efficiency: The back unit includes a well-appointed kitchen with granite countertops and laminate flooring, while both units are equipped with energy-efficient tankless water heaters.

Cons

Age of Property: Built in 1962, the property's age may suggest potential for older infrastructure or systems that are not explicitly mentioned as having been updated throughout both units.
Absence of Central Air Conditioning: There is no mention of a central cooling system, which could be a significant drawback for comfort during warmer months in Los Angeles.
Uneven Unit Upgrades: While the back unit boasts specific modern upgrades like granite countertops, the front unit is only described as 'cozy,' implying it may not have received similar renovations and could require further investment.

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