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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$869,000
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4 Beds
2,004 SqFt
Active

916 W 88th Street Los Angeles, CA 90044

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Ian Stapp

Ian Stapp

Stapp Realty Group

+1(209) 765-4712

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,004 sqft

Price per Sqft $433

MLS Listing ID CRSB24211066

Bedrooms 4

HOA Y/N No

Year Built 1923

Lot Size 5,129 Sqft

Acres 0.12

Property Sub-Type Triplex

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

Zoning LARD

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate

Fireplace No

Laundry No Hookups

Exterior

Exterior Feature Other

Utilities Available Sewer Connected

View Y/N false

View None

Building

New Construction No

Others

Tax ID 6038021001


Bridge MLS
Listed by Jeffrey Isenberg • Buckingham Investments, Inc

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agent

Ian Stapp

Agent | CA DRE#02177046

+1(209) 765-4712

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916 W 88th Street