1311 W 89th St

1311 W 89th St, Los Angeles, CA 90044

  • For Sale $1,875,000
  • 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

Contacts

broker

Casey Lins Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    70/100 Somewhat Walkable
  • Transit Score ®

    56/100 Good Transit
  • Bike Score ®

    54/100 Bikeable
Powered by Walk Score ®
  • 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

  • McDonald's

    0.22 miles

  • Louisiana Famous Fried Chicken

    0.24 miles

  • KFC

    0.26 miles

  • Burger King

    0.29 miles

  • Domino's

    0.49 miles

  • Wingstop

    0.57 miles

  • Jack in the Box

    0.68 miles

  • Taco Bell

    0.83 miles

  • Pizza Hut

    0.87 miles

  • Kinly Donuts

    0.88 miles

  • Saint Michaels Girls High School

    0.30 miles

  • Saint Michaels School

    0.35 miles

  • La Salle Avenue Elementary

    0.44 miles

  • Ninety-Fifth Street Elementary School

    0.63 miles

  • Harte Middle School

    0.71 miles

  • Manchester Avenue Elementary School

    0.74 miles

  • Harte Preparatory Intermediate School

    0.76 miles

  • Manhattan Place Elementary School

    0.90 miles

  • KIPP Academy of Opportunity

    0.98 miles

  • KIPP Empower Academy

    1.00 miles

  • Bakewell Primary Center

    0.52 miles

  • Locke Early Education Center

    2.31 miles

  • A Bright Beginning Inc.

    2.61 miles

  • Vernon Adult Day Program

    3.38 miles

  • CCDC of Little Angels Schools

    3.43 miles

  • Ralph M. Parsons Preschool

    3.81 miles

  • South Bay Universal Development Center

    4.46 miles

  • HIC Daycare

    4.76 miles

  • Jim Gilliam Child Care Center

    4.91 miles

  • Montessori Academy of Culver City

    5.54 miles

Frequently Asked Questions

How much does 1311 W 89th St cost?

The space currently listed for sale at 1311 W 89th St asks for $1,875,000.

What is the total square footage of 1311 W 89th St?

1311 W 89th St totals 4,450 square feet.

When was this property built?

1311 W 89th St was built in 1963.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Casey Lins Is this you?

Kidder Mathews