$ 2,100,000
-
$2,100,000
Price -
12
Bed -
6
Bath -
6,436
SqFt
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About the Listing CLW-X82410 - CLW-C128038,SBCOOKVIN
We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at an 8.65% CAP and 7.99 GRM on current rents, with significant upside potential to achieve an 9.63% CAP and 7.14 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 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, with 2 units delivered VACANT at closing, presenting an immediate opportunity for renovation and rent increases. Contact the listing broker for additional information.
Listing Highlights for 1152 W 88th St
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
25609415
Year Built
1936
Total Square Footage
6,436
Lot/Acreage
0.22
County
Los Angeles
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: LCR320U*
- Roof:
- Others: 2+ Total Units
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6047009022
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1152 W 88th St Los Angeles, CA 90044
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