1152 W 88th Street, Los Angeles, CA 90044
- $2,200,000
- $430
- $2,200,000
- $430
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
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Address: 1152 W 88th Street
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90044
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Area: C36 - Metropolitan Southwest
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Country: United States
Details
Updated on May 24, 2024 at 11:36 am-
Property ID SGR-32542624
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Price $2,200,000
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Property Size 5122.00 m²
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Land Area 9659.00 m²
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Bedrooms 16
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Bathrooms 8
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Year Built 1936
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Property Type Residential Income
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Property Status For Sale
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Living Area 5122.00
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MLS# 24391819
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Office Name LYON STAHL INVESTMENT REAL ESTATE, INC.
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Agent Name Peter James
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MLS Status Active
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Living Area Prefix Sqft
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Co-Office Name Lyon Stahl Investment Real Estate, Inc.
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Co-Agent Name William James
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Agent State License 01748556
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Co-Agent State License 01734419
Additional details
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Sewer Other
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Cooling None
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Heating Wall Furnace
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County Los Angeles
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Parking 3.00
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