916 W 88th Street, Los Angeles, CA 90044

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Sold Price
$810,000
List Price
$829,000
Closing Date
Nov 19, 2025
Status
CLOSED
MLS#
SB24211066
Year Built
1923
Lot Size
5,129
Acres
0.12
Lot Location
0-1 Unit/Acre
Days on Market
304
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

Updated and well maintained 4-unit property including recently built ADU offering strong rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 11.3 GRM and 6.0 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!

Additional Information

Appliances
Gas Range, Microwave, Refrigerator
Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Exterior Construction
Stucco
Roof
Flat
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Quartz Counters, Recessed Lighting, Bedroom on Main Level
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$72,924
Operating Expense
16718

Listing courtesy of Listing Agent: Jeffrey Isenberg (jeffrey.isenberg@buckinghaminvestments.com) from Listing Office: Buckingham Investments, Inc.

Listing sold by J.R. Harrison from Onyx Realty & Finc. Serv., Inc

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.