Los Angeles, CA 90044,916 W 88th Street
Los Angeles, CA 90044,916 W 88th Street
Los Angeles, CA 90044,916 W 88th Street
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Listed by Jeffrey Isenberg • Buckingham Investments, Inc
$869,000
Est. payment /mo
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2,004 SqFt
Active

916 W 88th Street Los Angeles, CA 90044

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Key Details

Property Type Multi-Family, Triplex

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,004 sqft

Price per Sqft $433

MLS Listing ID CRSB24211066

HOA Y/N No

Year Built 1923

Lot Size 5,129 Sqft

Property Sub-Type Triplex

Source Datashare California Regional

Property Description

Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit 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 12.33 GRM and 5.4 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!

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate

Fireplace No

Laundry No Hookups

Exterior

View None

Building

Water Public


Bay East AOR and Contra Costa AOR

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agent

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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916 W 88th Street