$1,995,000
- Beds
- 16
- sq ft
- 5,122
1152 W 88th St, Los Angeles, CA 90044
1152 W 88th St
Los Angeles, CA 90044
- 128 days on market
- Price drop $205,000↓
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.
Details
Property type
Lot size
9,659 sq ft
Price per sq ft
$390
Year built
1936
HOA
No
Price History
08/13/2024
CLAW #24391819
Price change
$1,995,000
-9.32%
05/15/2024
CLAW #24391819
Listed
$2,200,000
+81%
10/06/2017
CRMLS #SB17221891
Sold
$1,215,500
Schools & Community
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 09/20/2024 at 11:35 PM
Listing updated: 08/13/2024 at 11:03 AM
Listed by: Peter James, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838
MLS: CLAW #24391819
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