Map of Property

1311 W 89th St

For Sale

1311 W 89th St, Los Angeles, CA 90044

This Los Angeles property for sale is located at 1311 W 89th St. The current listed sale price for 1311 W 89th St is $1,875,000. 1311 W 89th St is situated on a lot that is 0.14 acre in size.

Contacts

broker
Casey Lins

Kidder Mathews

Property Details

  • Property Type Multi-Family
  • Property Size 4,450 SF
  • Units 8
  • Lot Size 0.14 Acre
  • Cap Rate % 7.79
  • Additional Rent Contact for pricing
  • Year Built 1963
  • Date Updated Nov 25, 2024

Operating at a 7.79% CAP and an 8.81 GRM on current 

rents, with potential upside to a 9.18% CAP and a 

7.77 GRM on pro-forma rents, this building provides 

a buyer with the ability to achieve a high-cash flow.

The property consists of two-story building 

constructed in 1963 with a strong unit mix of 5 two-bedroom units and 3 one-bedroom units, with one 

2-bedroom unit delivered VACANT. The property 

also features three 1-car garages in the front with 

three tandem spaces, plus carport spaces, and 5 

tandem spaces in the rear accessible by alley, offering 

a plentiful parking on-site!

This asset is located in close proximity to the 110 

freeway as well as nearby retailers such as Ralphs, 

Chase Bank, Smart & Final, Superior Grocers as well as 

a number of other tenant amenities and conveniences.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 70/100

    Walk Score ®

  • 56/100

    Transit Score ®

  • 54/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Los Angeles, CA
  • Neighborhood Westmont
  • Zip Code 90044
  • Market Los Angeles

Points of Interest

  • Vermont/Athens

    2.00 miles

  • Fairview Heights

    2.49 miles

  • Crenshaw

    2.73 miles

  • Avalon

    2.81 miles

  • Hyde Park

    2.84 miles

  • Downtown Inglewood

    3.11 miles

  • 103rd Street/Watts Towers

    3.34 miles

  • Hawthorne/Lennox

    3.47 miles

  • Leimert Park

    3.82 miles

  • Willowbrook/Rosa Parks

    3.99 miles

  • Ralphs

    0.64 miles

  • Mobil

    0.65 miles

  • Arco

    0.67 miles

  • EcoFuel

    0.68 miles

  • Sinclair

    0.72 miles

  • Chevron

    0.80 miles

  • Speedway Express

    0.80 miles

  • 7-Eleven

    0.93 miles

  • 76

    0.96 miles

  • Electric Vehicle Charging Station

    4.46 miles

  • Manchester Park And Ride

    1.01 miles

  • Vermont Ave Park And Ride

    1.92 miles

  • Red Zone

    1.99 miles

  • Century / Harbor Park And Ride

    2.19 miles

  • Yellow Zone

    2.23 miles

  • Platinum Zone

    2.37 miles

  • Kareem Lot / The Forum

    2.38 miles

  • Slauson Park And Ride

    2.39 miles

  • East Garage - Intuit Dome

    2.41 miles

  • Westside Collector Car Storage

    6.21 miles

  • Polaris Motel

    0.94 miles

  • New Bay Motel

    0.99 miles

  • El Don Motel

    1.03 miles

  • Travel Inn Motel

    1.14 miles

  • Las Palmas Motel

    1.58 miles

  • Budget Motel

    1.60 miles

  • Boulevard Motel

    1.63 miles

  • 108 Motel

    1.73 miles

  • Starlight Motel

    1.91 miles

  • Corona Motel

    2.27 miles

  • Ralphs

    0.56 miles

  • Superior Grocers

    0.63 miles

  • El Super

    1.25 miles

  • Big Lots

    1.58 miles

  • Numero Uno Market

    1.74 miles

  • Smart & Final Extra!

    1.79 miles

  • Food 4 Less

    1.91 miles

  • El Super Mexican Supermarket

    1.94 miles

  • ALDI

    1.97 miles

  • Marshalls

    2.07 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Casey Lins

Kidder Mathews