1152 West 88th Street
$1,995,000
16
8
5,122
5,122
$389
Description
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 8.52 GRM and 8.18% 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 (9) 2-Bed/1-Bath Units and (1) 1-Bed/1-Bath, this 8.18% Cap is still only $199,500k/Unit for such...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 8.52 GRM and 8.18% 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 (9) 2-Bed/1-Bath Units and (1) 1-Bed/1-Bath, this 8.18% Cap is still only $199,500k/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.
- Listed by Peter James • DRE #01748556 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
- Listed by William James • DRE #01734419 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.
Property Details for 1152 West 88th Street
Zoning
LCR320U*
Parcel Number6047009022
Total Units10.0
Living Area5122
Source Living AreaVendor Enhanced
AreaMetropolitan Southwest (C36)
Vacancy Rate1
Lot Size Area9659
LISTING UPDATED: 08/13/2024 10:46 AM
Property Details for 1152 West 88th Street
Status | Active |
---|---|
MLS # | 24-391819 |
Days on Market | 169 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1936 |
Lot Size | 0.22 AC / 9,659 SF |
County | Los Angeles County |
Building Information for 1152 West 88th Street
Stories2Residences-Year Built1936Building Size-Lot Size0.22 AC / 9,659 SF
Property Information for 1152 West 88th Street
Property History for 1152 West 88th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1152 West 88th Street
Taxable ValueLand$948,189Additions$404,374Total$1,352,563
Tax Record2024$20,492 ($1,708 / month)
Home Facts
Total Finished SqFt5,122 SqFtAbove Grade Finished SqFt5,122 SqFtLot Size9,657 SqFtStyleMulti-Family Res (5+ Units)Year Built1936ZoningLCR320U*CountyLOS ANGELESAPN6047-009-022
Schools near 1152 West 88th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 6 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | 6 to 10 |
Rating | School | Distance |
---|---|---|
Manchester Avenue Elementary School Public1 to 6 | ||
Bret Harte Preparatory Middle School Public6 to 8 | ||
George Washington Preparatory High School Public9 to 12 | ||
Vox Collegiate of Los Angeles Charter6 to 10 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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