CA > Los Angeles
Los Angeles, CA 90044,501 W 88th Street
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.
$615,000
$750,000 18.0%
Est. payment /mo
2,208 SqFt
Sold on 06/06/2025

501 W 88th Street Los Angeles, CA 90044

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Violet Sinclaire
Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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Key Details

Sold Price $615,000

Property Type Single Family Home, Multi-Family

Sub Type OTHER

Listing Status Sold

Purchase Type For Sale

Square Footage 2,208 sqft

Price per Sqft $278

MLS Listing ID CRSB25010518

Year Built 1965

Lot Size 3,232 Sqft

Property Sub-Type OTHER

Property Description

501 W 88th St is a 4-unit property located in South Los Angeles. Situated on a large 3,232 SF lot, this property offers a total of 2,208 SF of living space, featuring a mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. It boasts strong income potential with a 5.04% current CAP rate and incredible upside, offering a 48% rental upside, a 9.45% market CAP rate, and an 7.10 market GRM. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property is positioned in a desirable South LA location with strong rental demand.

Location

State CA

County Los Angeles

Interior

Laundry No Hookups

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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agent

Violet Sinclaire

Agent | CA DRE #01990089

+1(415) 713-9420

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Phone*
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501 W 88th Street

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