1152 W 88th Street, Los Angeles, CA 90044
- $1,850,000
- 20
- BD
- 10
- BA
- 6,436
- SqFt
- List Price
- $1,850,000
- Price Change
- ▼ $100,000 1784638758
- Status
- ACTIVE
- MLS#
- 25609415
- Year Built
- 1936
- Bedrooms
- 20
- Bathrooms
- 10
- Living Sq. Ft
- 6,436
- Lot Size
- 9,659
- Acres
- 0.22
- Days on Market
- 269
- Property Type
- Multifamily
- Stories
- Two Levels
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.
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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Attached
- Number Of Units Total
- 10
Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..
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