1140 W 89th Street

Property Overview
Excellent opportunity to acquire a well-located 2-unit property offering strong in-place income with upside potential. The property consists of two separate structures on one lot, providing desirable unit separation and flexible use for investors or owner-users. Current rents total $3,900 per month, delivering immediate cash flow from day one. Both units feature functional layouts with natural light, updated flooring in select areas, and private living spaces. The rear unit offers added privacy, making the property attractive to tenants seeking separation between units. Large rear yard allows for convenient on-site parking and additional usability. Located a short distance to major thoroughfares, shopping, dining, and public transportation, this property benefits from strong rental demand and central accessibility. Offered at an attractive price point with a favorable GRM, this is a solid long-term hold, value-add, or entry multifamily asset in Los Angeles. Ideal for investors seeking stable income today with future rent growth potential.
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