1152 West 88th Street Los Angeles, CA ^$ 2,200,000

1152 West 88th Street

^$ 2,200,000

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1152 West 88th Street

Los Angeles, CA, 90044

^$ 2,200,000

Studio Baths0.0 Sq 5,122

Monthly Estimate*

^$ 14,622

1152 West 88th Street, Los Angeles, CA 90044 - Image 1

1152 West 88th Street, Los Angeles, CA 90044 - Image 2

1152 West 88th Street, Los Angeles, CA 90044 - Image 3

1152 West 88th Street, Los Angeles, CA 90044 - Image 4

1152 West 88th Street, Los Angeles, CA 90044 - Image 5

1152 West 88th Street, Los Angeles, CA 90044 - Image 6

1152 West 88th Street, Los Angeles, CA 90044 - Image 7

1152 West 88th Street, Los Angeles, CA 90044 - Image 8

1152 West 88th Street, Los Angeles, CA 90044 - Image 9

Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,200,000. This 5,122 square foot home was built in 1936 on a lot size of 0.22.

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 9.24 GRM and 7.48% 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 (10) 2-Bed/1-Bath Units, this 7.48% Cap is still only $220k/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.

Multi-Family Active

Price

^$ 2,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.22

Year Built

1936

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024391819

Features

General

Heating Wall Furnace

Zoning LCR320U*

Year Built 1936

Tenant Pays Electricity Gas

Levels Multi/Split

Accessibility Other

County Los Angeles

Net Operating Income 164483.0

New Construction No

Property Type C

HOA / Comm Assn No

Facing Direction North

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

Senior Community Y/N No

MLS Area C36 - Metropolitan Southwest

Lot Size Square Feet 9659.0

Street Name 88th

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Parking Features Uncovered Tandem Garage Shared Driveway Side by Side

Lot Features Rectangular Lot

Lot Size Area 9659.0

Foundation Details None

Spa No

Pool Y/N? No

Building Area Total 5122.0

Lot Dimensions 63x152

Lot Size Acres 0.22

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Total Stories 2

Air Conditioning Y/N No

Heating Y/N Yes

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Peter James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$14,622

Per Month

Monthly Principal & Interest: $14,622
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,991,000

Percent of Sale Price 10%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$2,200,000		Listed Price

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1152 West 88th Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $2,200,000 with 5,122 sqft and a lot size of 0.22. 1152 West 88th Street is a studio with 0.0 baths and was built in 1936. The property's zip code is 90044 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/23/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1152 West 88th Street

Multi-Family Home for sale in Los Angeles, CA

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