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554 W 89th St, Los Angeles, CA 90044

List Price: $625,000On Market FlagOn market
Jul 11, 2025842 sqft3 beds2 baths
Listed by: Rena Braud
License #: 01128549
Phone #: 310-216-4663
Compass
Source:
CRMLS Logo
MLS #: 25563739

Property Description

Opportunity awaits! Nestled at the end of a peaceful cul-de-sac on a generous 6,637 sq ft lot, this single-family home offers remarkable development potential in a vibrant Los Angeles neighborhood. The existing 3-bedroom, 2-bath residence features an open-concept layout with laminate flooring and starter kitchen appliances perfect as a comfortable home base or a blank canvas for your vision. Thoughtfully updated throughout with fresh interior and exterior paint, a tankless water heater, HVAC, dedicated laundry room, and a spacious backyard, the property also includes a detached 2-car garage, providing ample on-site parking and room to expand. This is a fantastic opportunity for investors eager to capitalize on the area's strong redevelopment momentum, or for buyers seeking a move-in-ready home with exciting future possibilities. Ideally located near major freeways and shopping centers, the home is also just minutes from Algin Sutton Recreation Center, which offers baseball, basketball, pool, soccer fields, tennis courts, a playground, fitness zone, computer lab, and after-school programs supporting an active and connected lifestyle. Consider this rare and versatile piece of LA real estate with endless potential!
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,635

TurboHome Estimated Value

$667,000

$792 sqft

High Valuation
$700,350
$832/sqft
Normal Valuation
$667,000
$792/sqft
Low Valuation
$633,650
$753/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$792/sqft$667,000

Neighborhood: South Los Angeles

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Comparative Value

$425K

$520K

$550K

$595K

$625K

611 W 91st St, Los Angeles, CA 90044

Sale Price: $425,000

Selected Comparable

535 W 88th St, Los Angeles, CA 90044

Sale Price: $520,000

Selected Comparable

8319 S Hoover St, Los Angeles, CA 90044

Sale Price: $550,000

Selected Comparable

606 W 98th St, Los Angeles, CA 90044

Sale Price: $595,000

Selected Comparable

845 W 94th St, Los Angeles, CA 90044

Sale Price: $595,000

Selected Comparable

554 W 89th St, Los Angeles, CA 90044

List Price: $625,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
554 W 89th St, Los Angeles, CA 90044

554 W 89th St, Los Angeles, CA 90044

List: $625,000

Listed: 7/11/2025

Area:842 sqft
Price/sqft:$742
Beds:3
Baths:2
Year Built:
Lot Size:6,640

Comparable Properties

COMPARABLE
Choose comps
611 W 91st St, Los Angeles, CA 90044

611 W 91st St, Los Angeles, CA 90044

Sale: $425,000

1/10/20250.09 mi

Area:884 sqft
Price/sqft:$481
Beds:3
Baths:2
Year Built:
Weight:24.3%
8319 S Hoover St, Los Angeles, CA 90044

8319 S Hoover St, Los Angeles, CA 90044

Sale: $550,000

1/3/20250.52 mi

Area:1,001 sqft
Price/sqft:$549
Beds:3
Baths:2
Year Built:
Weight:20.8%
606 W 98th St, Los Angeles, CA 90044

606 W 98th St, Los Angeles, CA 90044

Sale: $595,000

12/5/20240.60 mi

Area:836 sqft
Price/sqft:$712
Beds:3
Baths:1
Year Built:
Weight:20.5%
845 W 94th St, Los Angeles, CA 90044

845 W 94th St, Los Angeles, CA 90044

Sale: $595,000

4/28/20250.48 mi

Area:692 sqft
Price/sqft:$860
Beds:2
Baths:2
Year Built:
Weight:17.7%
535 W 88th St, Los Angeles, CA 90044

535 W 88th St, Los Angeles, CA 90044

Sale: $520,000

10/16/20240.13 mi

Area:800 sqft
Price/sqft:$650
Beds:2
Baths:1
Year Built:
Weight:16.7%

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