Homes for sale - 1152 W 88th ST, Los Angeles, CA 90044

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Gregorio Real Estate Group- Josh Gregorio

josh.gregoriorealestategroup@gmail.com +1(661) 447-5111

$ 2,100,000

Est. payment | -/mo

20 Beds

10 Baths

6,436 SqFt

Save

$ 2,100,000

Est. payment | -/mo

Save

20 Beds

10 Baths

6,436 SqFt

Key Details

Property Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,436 sqft

Price per Sqft $326

MLS Listing ID 25531745

Bedrooms 20

HOA Y/N No

Year Built 1936

Lot Size 9,657 Sqft

Lot Dimensions Assessor

Property Description

We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at an 8.52% CAP and 7.99 GRM on current rents, with significant upside potential to achieve an 10.08% CAP and 7.04 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. Contact the listing broker for additional details.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LCR320U*

Interior

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 3

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6047009022

Special Listing Condition Standard

Listed by Casey Lins • Kidder Mathews of California, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(661) 447-5111

josh.gregoriorealestategroup@gmail.com

3400 Calloway Dr Suite 700, Bakersfield, California, 93312, USA

1152 W 88th ST Los Angeles, CA 90044