1152 W 88th ST, Los Angeles, CA 90044
1152 W 88th ST, Los Angeles, CA 90044
1152 W 88th ST, Los Angeles, CA 90044
21
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$1,850,000
Est. payment /mo
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20 Beds
10 Baths
6,436 SqFt
Price Dropped by $100K

1152 W 88th ST Los Angeles, CA 90044

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Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,436 sqft

Price per Sqft $287

MLS Listing ID 25609415

Bedrooms 20

HOA Y/N No

Year Built 1936

Lot Size 9,657 Sqft

Property Description

We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.08% CAP and 7.63 GRM on current rents, with significant upside potential to achieve an 11.40% CAP and 6.41 GRM upon stabilization.Nestled just south of Manchester Ave and west of Vermont Ave, this property offers excellent connectivity with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, and Crenshaw.The property is comprised of two buildingsa two-story front structure and a single-story rear buildingoffering a total of 6,438 rentable square feet with a unit mix that features 9 two-bedroom units and 1 one-bedroom unit. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Driveway

Total Parking Spaces 2

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6047009022

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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1152 W 88th ST