1152 W 88th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,122 sqft
Price per Sqft $389
MLS Listing ID 24391819
Bedrooms 16
HOA Y/N No
Year Built 1936
Lot Size 9,657 Sqft
Property Description
Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 1152 W 88th St is a mostly stabilized 10 unit apartment building located in unincorporated Los Angeles County. Offering a compelling 8.52 GRM and 8.18% Cap Rate, 1152 W 88th St stands as a prime opportunity for investors seeking healthy cash flow in an expanding submarket of Los Angeles County. With an excellent unit mix of (9) 2-Bed/1-Bath Units and (1) 1-Bed/1-Bath, this 8.18% Cap is still only $199,500k/Unit for such a strong unit mix. In the heart of this vibrant submarket, a fusion of established local gems and burgeoning new constructions awaits, offering potential tenants an enticing blend of neighborhood charm and modern amenities.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LCR320U*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Garage,Shared Driveway,Side By Side,Tandem,Uncovered
Pool None
Parking Type Garage,Shared Driveway,Side By Side,Tandem,Uncovered
Total Parking Spaces 3
Private Pool No
Building
Lot Description Rectangular Lot
Faces North
Story 2
Entry Level Multi/Split
Sewer Other
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6047009022
Special Listing Condition Standard