7303 W 89th St

House in Playa del Rey

Active

7303 West 89th Street, Los Angeles, CA 90045

$3,495,000

$85K (2.4%)

for Sale at 7303 West 89th Street, Los Angeles, CA 90045

Map

$3,495,000

$85K (2.4%)

Beds

4.5

Baths

Half Bath

3,890

Ft²

$898

$/ft²

0.18

Acres

–

Cap Rate

$17,161

Est. Monthly

Cap Rate

–

Est. Monthly

$17,161

Showing by appointments

The manager has listed the unit size as 3890 square feet.

LISTING AGENT

Mimi Arbib IssRodeo Realty[email protected]

Building Info

Overview

This property was built in 1951.

General

Year Built
1951
Actual Year Built
1951
Total Rooms
6.00
Bedroom Count
2
Bathroom Count
2.00
Full Bathrooms
2.00
Partial Bathrooms
0.00
Bathroom Fixture Number
0.00
Building Condition
0
Building Quality
5
Construction Type
17
Building Style
15
Exterior Walls Type
12
Interior Walls Type
0
Roof Shape Type
8
Roof Cover Type
7
Floor Count
1
Living Units
1.00
Business/Commerical Units Count
0.00
Floor Cover
0
Basement Type
0
Basement Area
0.00
Garage Type
0
Garage Square Area
0.00
Parking Space Count
2.00
Patio Type
0
Porch Type
0
Pool Type
0

Dimensions

Lot Size Square Feet
8,005
Lot Size Depth Feet
1050
Lot Size Frontage Feet
740
Total Building Area
1,583
Gross Building Area
0.00
Building Area
1,583
Building Area Source
L

Heating

Fireplace Count
1.00
Air Conditioning Type
0
Heat Code
3
Heated Square Feet
1,583
Heating Fuel Type
0

Codes

Sewer System
0
Water Service Type
0

Building

Building codes and types

Building Type
0
Property Class ID
R
Subdivision
TRACT NO 14439
Land Acres
0.184
Standard Land Use Code
1001
County Land Use Code
0100
Legal Description 1
TRACT NO 14439 LOT 129

Neighborhood

Community district, city council district, police precinct, and more.

School District Name
Los Angeles Unified School District
Census Tract
276604

Zoning

The zoning code for this property is LAR1.

Zoning
LAR1

Geography

The property is located in zip code 90045.

Subdivision Tract Number
14439
Parcel
4119-021-020
Block
Lot
129
Municipality
LOS ANGELES
Latitude
33.956
Longitude
-118.423

Address

Full Address
7303 W 89th St
Address - House Number
7303
Street Direction
W
Address - Street Name
89th
Address - Suffix Type
St
State
CA
City Name
Los Angeles
Carrier Code
C034
4-Digit Zip Code
3416
Zip Code
90045

Valuation

The assessed value of this property is $1,009,348.

Timestamp
Jan 04, 2022
UCID Flag
C
Total Area
0.00
Standard Deviation
0

Tax

Tax Year
2021
Tax Amount
$12,231
Intital Tax Deliquent Year
2020
Tax Rate Code Area
0-068

Open Liens

Total Open Liens
0
Total Open Liens Amount
$0

Market Valuation

Market Total Value
$0
Market Land Value
$0
Market Improvement Value
$0

Appraisal Valuation

Valuation Date
Dec 29, 2021
Confidence Score
79
Final Value
1,331,689
High Value
1,546,065
Low Value
1,117,314

Assessments Valuation

Assessed Year
2021
Assessed Total Value
$1,009,348
Assessed Land Value
$807,479
Assessed Improvements Value
$201,869

Sales

Current Sale Contract Date
20211123
Current Sale Recording Date
20211229
Current Sale Transaction ID
11875805420
Current Sales Price
$1,185,000
Current Sale Document Type
36
Current Sale Input Document Number
21-1922422
Sale Date
20191029
Previous Sale Contract Date
20191014
Sale Amount
$999,000
Previous Sale Document Type
71

Mortgages

First Current Mortgage Loan Amount
$0
First Current Mortgage Terms
0
Second Current Mortgage Loan Amount
$0
Second Current Mortgage Terms
0

Open Lien Mortgages

First Open Lien Mortgage Loan Amount
$0
First Open Lien Mortgage Term
0
First Open Lien Mortgage Position
0
Second Open Lien Mortgage Loan Amount
$0
Second Open Lien Mortgage Term
0
Second Open Lien Mortgage Position
0
Third Open Lien Mortgage Loan Amount
$0
Third Open Lien Mortgage Term
0
Third Open Lien Mortgage Position
0
Fourth Open Lien Mortgage Loan Amount
$0
Fourth Open Lien Mortgage Term
0
Fourth Open Lien Mortgage Position
0

Previous Mortgages

Previous Mortgage Lender
VELOCITY COMMERCIAL CAPITAL LL
Previous Mortgage Transaction Date
20191029
Previous Mortgage Loan Amount
$1,395,500
Previous Mortgage Term
0

Redact Ownership Info

Building Features

Driveway

Exterior

Concrete ExteriorMetal ExteriorStucco ExteriorWood Siding

Parking

Garage ParkingGated ParkingOpen Parking

Home Features

Appliances

GrillGas CooktopMicrowaveOvenRange

HVAC

Central A/CFurnace

View

City View

Ownership

Current Owner

7303 W 89th Llc

Previous Owner

Ircj Holdings Llc

Price History

Date/Event	Event	Price
Apr 29, 2023 Price Decreased	Price Decreased	$3,495,000 $85K (2.4%)
Apr 25, 2023 In contract	In contract	-
Mar 24, 2023 Listed by Rodeo Realty	Listed by Rodeo Realty	$3,580,000
Mar 14, 2023 No longer available	No longer available	-
Dec 15, 2022 Listed by Rodeo Realty	Listed by Rodeo Realty	$3,780,000
Aug 11, 2019 No longer available	No longer available	-
May 9, 2019 Listed	Listed	$855,000

Property Analysis

Cap Rate Analysis

Purchase Price

Monthly Property Taxes

Monthly Rental Income

Maintenance & HOA

IncomePer Year

$87,000

ExpensesPer Year

Operating ProfitPer Year

$87,000

Cap rate

2.49%

Price Estimate

$4,194,000$3,591,409$2,988,819

20232024202520262027

Current Asking Price

$3,495,000

HopScore Market Price

$3,591,409

The current asking price is $96,409.47 below the HopScore market price.

Comparables

Unit Status	Type	Beds	Baths	ft² Price/ft²	Price Common Charges
8002 South Bell Crest Drive In Contract	House	5	5.5	5,073 ft² $788/ft²	$3,995,000 $360/mo

Payment Calculator

Neighborhood

About Playa del Rey

Stats & Trends

The median asking price in Playa del Rey is $1,800,000.

Median Asking
$1,800,000
Sale Price/ft²
$936.14
Below Asking
0.02%
Days on Market
57

Inquire about this Property

By proceeding, you agree to our Terms of Service.

Similar Homes for Sale

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 7009 Trolleyway, Playa Del Rey, Ca, 90293

$6,900/mo

3 Beds
2 Baths
1,100 ft²

7009 Trolleyway, Playa Del Rey, Ca, 90293Listing by Ben Larson

Unit for rent at 4711 La Villa Marina #H, Marina Del Rey, Ca, 90292

$7,050/mo

2 Beds
2.5 Baths
1,932 ft²

4711 La Villa Marina #H, Marina Del Rey, Ca, 90292Listing by Kristin Moore

Unit for rent at 6152 W 77th St, Los Angeles, Ca, 90045

$7,300/mo

3 Beds
3 Baths
2,116 ft²

6152 W 77th St, Los Angeles, Ca, 90045Listing by Manager

/mo

– Beds

7303 West 89th Street, Los Angeles, CA 90045

Rentals Near You

Click here to view more rentals in the neighborhood.

View Original Listing by Rodeo Realty (310) 924-3130
AWCA-23-254155 Copyright © 2023 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

Local assessors in Los Angeles, CA have categorized 7303 West 89th Street as a unknown type of property. The home was built in 1951 and is 72 years old. The property's lot size has been calculated to be 8,005 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 740 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please...