146 E 89th St, Los Angeles, CA, 90003 | 4.8% Rental Yield

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146 E 89th St, Los Angeles, CA, 90003 | 4.8% Rental Yield | Ziffy

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Los Angeles at 146 E 89th St, Los Angeles, CA, 90003 offers a 4.8% rental yield on a $899,000 purchase with $3,595/mo rent. 08% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 60.83% and total cumulative return in cash at $179,926. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,595/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1961

5,388 sqft lot

$N/A/sqft

No HOA

More details about the property

Situated in the heart of Broadway-Manchester, this expansive triplex offers a prime investment opportunity with 3,522 sqft of living space on a generous lot featuring ample private parkingideal for investors or owner-occupants looking to maximize rental income. The property includes three 2-bedroom, 1-bath units, with the front building housing two units and a detached back unit offering added privacy for potential owner occupancy. Fully enclosed with wrought iron fencing for added security, the property also boasts spacious front and back yards perfect for gatherings, summer BBQs, or providing a safe play space for children, along with dedicated rear parking. Each unit features tile flooring in the living areas and kitchens, bright windows for natural light, and ceiling fans for year-round comfort, while kitchens are equipped with natural wood cabinetry, gas stove/oven, double stainless steel sinks, refrigerators, and space for dining; bedrooms offer hardwood flooring and mirrored sliding door closets, and bathrooms include tile flooring, bathtub/shower combos, and ample storage. Ideally located in a vibrant, family-friendly neighborhood with easy access to restaurants, parks, retail, and grocery stores, and easy access to the 105 and 110 freeways, making commuting effortless across LA. Within close proximity to Inglewood and DTLA hotspots like SoFi Stadium, YouTube Theater, Kia Forum, Grand Central Market, Crypto.com Arena, LA Live, and Union Stationgiving you the ultimate city lifestyle and everything LA has to offer, without the high ticket price tag. This opportunity will not last!

Neighborhood Data

Neighborhood data shown for ZIP Code: 90003, Los Angeles, CA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,933 (100%)
Owner Occupied HU	5,267 (29.4%)
Renter Occupied HU	11,912 (66.4%)
Vacant Housing Units	754 ( 4.2%)
Median Home Value	$624,005
Average Home Value	$701,404