1152 W 88th Street, Los Angeles, CA 90044

  • $2,200,000
  • $430
1152 W 88th Street, Los Angeles, CA 90044
  • Residential Income
  • Property Type
  • 16
  • Bedrooms
  • 8
  • Bathrooms
  • 5122.00
  • 1936
  • Year Built
For Sale
1152 W 88th Street, Los Angeles, CA 90044
  • $2,200,000
  • $430

Overview

Property ID: SGR-32542624
  • Residential Income
  • Property Type
  • 16
  • Bedrooms
  • 8
  • Bathrooms
  • 5122.00
  • 1936
  • Year Built

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 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.

  • Address 1152 W 88th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Area C36 - Metropolitan Southwest
  • Country United States

Details

Updated on May 24, 2024 at 11:36 am
  • Property ID: SGR-32542624
  • Price: $2,200,000
  • Property Size: 5122.00 m²
  • Land Area: 9659.00 m²
  • Bedrooms: 16
  • Bathrooms: 8
  • Year Built: 1936
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 5122.00
  • MLS#: 24391819
  • Office Name: LYON STAHL INVESTMENT REAL ESTATE, INC.
  • Agent Name: Peter James
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: Lyon Stahl Investment Real Estate, Inc.
  • Co-Agent Name: William James
  • Agent State License: 01748556
  • Co-Agent State License: 01734419

Additional details

  • Sewer: Other
  • Cooling: None
  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 3.00

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