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

54

 for Sale at 7303 West 89th Street, Los Angeles, CA 90045
 for Sale at 7303 West 89th Street, Los Angeles, CA 90045
 for Sale at 7303 West 89th Street, Los Angeles, CA 90045
$3,495,000
$85K (2.4%)
4
Beds
4.5
Baths
1
Half Bath
3,890
Ft²
$898
$/ft²
0.18
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$17,161
Showing by appointments

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

LISTING AGENT


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

Building Features

Driveway

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

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$87,000
ExpensesPer Year
$0
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
TypeBedsBathsft²
Price/ft²
Price
Common Charges
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

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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...

7303 West 89th Street, Los Angeles, CA 90045


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