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554 W 89th Street, Los Angeles, California 90044, Los Angeles, 90044 - 3 bed, 2 bath

554 W 89th Street, Los Angeles, California 90044 home-pic-0
ACTIVE$625,000
554 W 89th Street, Los Angeles, California 90044
3Beds
2Baths
842Sqft
6,640Lot
Year Built
1940
Close
-
List price
$625K
Original List price
$625K
Price/Sqft
$742
HOA
-
Days on market
-
Sold On
-
MLS number
25525635
Home ConditionPoor
Features
View

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 4 Cons,6 Pros. Rank: price - $625.0K(41th), sqft - 842(6th), beds - 3(50th), baths - 2(50th).

Opportunity is knocking! This exceptional LAR4 zoned property sits at the end of a quiet cul-de-sac on a generous 6,637 sq ft lot, offering outstanding development potential in a thriving Los Angeles neighborhood. The existing 3-bedroom, 2-bath single family residence features an open living floor plan, tiled flooring and starter appliances. A spacious grassy backyard and detached 2-car garage provide plenty of on-site parking and room to expand. Sold as-is, this property presents a fantastic opportunity for investors looking to leverage the area's strong redevelopment momentum, or for a buyer seeking a place to call home with future potential. A rare and versatile piece of Los Angeles real estate with multiple possibilities. Ideally located near major freeways and shopping centers, the property is also just minutes from the Algin Sutton Recreation Center offering baseball and soccer fields, tennis courts, a playground, fitness zone, computer lab, and after-school programs to support an active lifestyle.

Nearby schools

4/10
Manchester Avenue Elementary School
Public,•1-6•0.2mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•0.4mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•0.6mi
4/10
Charles W. Barrett Elementary School
Public,•K-5•0.6mi
3/10
Ninety-Fifth Street Elementary School
Public,•K-5•0.8mi
5/10
Figueroa Street Elementary School
Public,•K-5•1.5mi
5/10
Woodcrest Elementary School
Public,•K-5•1.5mi
5/10
One Hundred Eighteenth Street School
Public,•K-5•2.1mi
3/10
West Athens Elementary School
Public,•K-5•2.2mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•0.3mi
2/10
Samuel Gompers Middle School
Public,•6-8•1.6mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.6mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.3mi
9/10
Middle College High School
Public,•9-12•2.8mi

Price History

Date
Event
Price
09/08/25
Sold
$625,000
08/06/18
Sold
$450,000
Condition Rating
Poor
Built in 1940 and sold 'as-is,' this property requires substantial modernization and investment. The kitchen features dated dark cabinets and 'starter appliances,' indicating a need for a complete overhaul. Bathrooms, while functional, have outdated tile and basic fixtures. The tiled flooring throughout is also dated. While the exterior shows some newer windows, the overall interior condition, particularly the kitchen and bathrooms, suggests a property that needs significant rehabilitation to meet contemporary standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Development Potential: The property boasts exceptional LAR4 zoning on a generous 6,637 sq ft lot, offering outstanding development potential for investors in a thriving Los Angeles neighborhood.
Generous Lot Size: A spacious 6,637 sq ft lot provides ample room for expansion, landscaping, or potential additional dwelling units (ADU), enhancing its long-term value.
Cul-de-sac Location: Situated at the end of a quiet cul-de-sac, the property offers increased privacy, reduced traffic, and a potentially safer environment.
Detached Garage & ADU Potential: The detached 2-car garage not only provides ample on-site parking but also presents a strong opportunity for conversion into an Accessory Dwelling Unit (ADU), adding significant value and income potential.
Convenient Location & Amenities: Ideally located near major freeways, shopping centers, and just minutes from the Algin Sutton Recreation Center, offering a wide array of recreational and community facilities.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-09-08. The sold price is $625,000.00.
As-Is Condition: The property is sold in 'as-is' condition, indicating that buyers should anticipate potential needs for repairs, renovations, or upgrades to the existing structure.
Age and Current State of Residence: Built in 1940, the existing 3-bedroom, 2-bath residence features 'starter appliances' and 'tiled flooring,' suggesting it may require significant modernization and investment to meet contemporary standards.
Compact Living Space: The current single-family residence is relatively small at 842 sq ft for a 3-bedroom, 2-bath layout, which might limit its appeal to buyers seeking more expansive living areas without immediate renovation or expansion.

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