160 W 89th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This 1928 quadruplex presents a High-Potential Investment Opportunity, listed at a List Price of $799,990, which aligns with the current $799,990 Fair Market Value. While the property carries a Condition Rating of 5, the ability to deliver one unit vacant provides immediate flexibility for value-add renovations. This Residential Income asset is well-positioned for Buy-and-Hold Investors seeking consistent cash flow or Owner-Occupants looking to leverage house-hacking strategies in a high-demand Los Angeles rental market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 160 W 89th Subject | $799,990* List Price | 0 | 0 | 2,100 | $381 | - |
A 127 E 95th Street Sold | $820,000 | 0 | 0 | 2,304 | $356 | 0.4 mi |
B 213 E 87th Pl Sold | $739,000 | 0 | 0 | 2,723 | $271 | 0.4 mi |
C 157 E 104th Street Sold | $775,000 | 0 | 0 | 1,734 | $447 | 0.9 mi |
D 146 83rd Street Sold | $760,000 | 0 | 0 | 1,800 | $422 | 0.6 mi |
E 350 E 97th Sold | $770,000 | 0 | 0 | 1,888 | $408 | 0.7 mi |
F 147 E 95th Street Sold | $599,000 | 0 | 0 | 1,440 | $416 | 0.4 mi |
G 402 E 92nd Active | $719,900 List Price | 0 | 0 | 2,234 | $322 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1928 (96 years old) with no evidence of recent major renovations to kitchens, baths, or systems. The aerial views show significant wear and aging on the roofs, and the listing's mention of 'value-add improvements' indicates the property requires substantial rehab to address dated interiors and likely aging infrastructure.
As a quadruplex with one unit delivered vacant, this property offers immediate rental income and flexibility for owner-occupants to utilize favorable financing options while generating cash flow.
The significant price reduction to $799,990 enhances its competitive positioning, offering a more attractive entry point for investors seeking a sub-$800k multi-family asset in Los Angeles.
Situated near key transportation hubs and local amenities, the property is well-positioned to maintain low vacancy rates and consistent tenant interest in a high-demand rental market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2100, other record living area = 1504.
With 105 days on the market, the property may face buyer hesitation or perceived stigma, potentially requiring a more aggressive negotiation strategy to secure a sale.
Built in 1928, the property likely requires ongoing maintenance or significant capital improvements to modernize aging systems and meet current building standards.
This 4-unit property presents an exceptional investment opportunity, newly listed at an attractive price point ideal for both seasoned investors and owner-occupants. Two units are 2 bedroom, 1 bath, and two units are 1 bedroom, 1 bath. Strong rents at or close to market rent, this is a great cash cow bringing in over $7,100 in rents. Situated in a desirable location with convenient access to schools, local amenities, transportation, and employment hubs, the property benefits from consistent tenant demand. With solid fundamentals and room for value-add improvements, this asset is perfectly positioned for investors looking to generate steady cash flow while building equity. One of the units can be delivered vacant. Please do not go without an appointment, do not disturb tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,100 | 2,250 |
| Lot Size | 5,204 | 5,864 |
| Price | $800.0K | $826.7K |
| Price per sq ft | $381 | $395 |
| Built year | 1928 | 1925 |
| HOA | $0 | $0 |
| Days on market | 123 | 83 |
Jul 4, 2026
$799,990
$850,000
-6% Price Drop
Initial Listing
Mar 21, 2026
$850,000
Initial Listing
Jan 20, 2005
$345,000
Public Record
Oct 28, 2003
$226,000
Public Record
Dec 20, 1995
$165,000
Public Record
Apr 28, 1995
$10,000
Public Record