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Listed by Jeffrey Isenberg • Buckingham Investments, Inc
$ 829,000
Est. payment /mo
Price Dropped by $40K
916 W 88th ST Los Angeles, CA 90044
5,129 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB24211066
Year Built 1923
Lot Size 5,129 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Updated and well maintained 4-unit property including recently built ADU offering strong 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 11.3 GRM and 6.0 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
Area C36 - Metropolitan Southwest
Rooms
Kitchen Microwave, Oven Range - Gas, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry None
Exterior
Parking Features No Parking
Pool 31, None
View None
Roof Type Flat / Low Pitch
Building
Story One Story
Water District - Public
Others
Tax ID 6038021001
Special Listing Condition Not Applicable
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