1152 W 88th Street,Los Angeles, CA 90044
Los Angeles, CA 90044
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.
Details
| MLS # | 25609415 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 307 |
| Listing Provided By | Kidder Mathews of California, Inc. | Casey Lins |
Features
| Bed(s) | 20 |
|---|---|
| Bath(s) | 10 |
| SQ Feet | 6,436 |
| Story(s) | 2 |
| Units | 10 |
| Building(s) | 2 |
| Zoning | LCR320U* |
| Acreage | 0.22 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Parking Features | Driveway |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90044 |
| Area | C36 Metropolitan Southwest |
 | $1,950,0001329 W 88thLos Angeles, CA 90044 |
 | $1,550,0008629 S Vermont AvenueLos Angeles, CA 90044 |