We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at an 8.52% CAP and 7.99 GRM on current rents, with significant upside potential to achieve an 10.08% CAP and 7.04 GRM upon stabilization. Nestled just south of Manchester Ave and… Read More 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 buildings, a two-story front structure and a single-story rear building offering a total of 6,438 rentable square feet. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. The unit mix features 100% two-bedroom units. Contact the listing broker for additional details. Read Less
Listing Snapshot
Days Online
76
Last Updated
Property Type
Other
Beds
20
Square Ft.
6,436
Lot Size
0.22 Acres
Year Built
1936
MLS Number
25531745
30 Days Snapshot Of 90044
$653k
+2%
(avg) sold price
9
-47%
homes sold
71
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1936, Building area total: 6,436, Levels: Two, Living area: 6436, 2 stories, 2 buildings
Income
Gross income: $262,680, Net operating income: $178,896
Lot
0.2217 acres, 9,659 square feet, Size: 9,659
Parking
3 totals parking, Uncovered
Property
Zoning: LCR320U*
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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