Listed By:
Casey Lins with Kidder Mathews of California, Inc.; 714-333-6768
Address
1152 W 88th Street, Los Angeles, CA
Price
$ 1,850,000
Property Attributes
  • ID#25609415
  • TypeSingle Family
  • Listing Status Active
  • CountyLos Angeles
  • CityLos Angeles
  • Area Metropolitan Southwest
  • Zip90044
  • Style
  • Year Built1936
  • Price$ 1,850,000
  • Bedrooms20
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage6436
  • Lot Size0.2217 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.08% CAP and 7.63 GRM on current rents, with significant upside potential to achieve an 11.40% CAP and 6.41 GRM upon stabilization.Nestled just south of Manchester Ave and west of Vermont Ave, this property offers excellent connectivity with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, and Crenshaw.The property is comprised of two buildingsa two-story front structure and a single-story rear buildingoffering a total of 6,438 rentable square feet with a unit mix that features 9 two-bedroom units and 1 one-bedroom unit. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. Contact the listing broker for additional information.

Price History
11/20/2025 Listed $1,950,000
7/20/2026 5$1,850,000

General Features

Living Area 6436
Heating WallFurnace
Cooling None
Zoning LCR320U*
Year Built 1936
Stories Count 2
Levels Two
Gross Income 242520
County Los Angeles
Net Operating Income 168054
New Construction false
Property Type ResidentialIncome
HOA false
Special Listing Conditions Standard
Status Active
Directions Google Maps: 1152 W 88th St Los Angeles CA 90044
City Los Angeles
Senior Community Y/N false
Number Of Units Total 10
MLS Area C36 - Metropolitan Southwest
Lot Size Units SquareFeet
Lot Size Square Feet 9659
Property Attached Y/N true
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Year Built Source Assessor
Cap Rate 9.08
PostalCity LOS ANGELES

Interior Features

Total Stories 2
Common Walls OneCommonWall
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 20
Entry Level 1
LivingAreaSource Other
Total Baths 10

Exterior Features

Parking Features Driveway
Total Parking 2
Lot Size Area 9659
Number of Buildings 2
Building Area Total 6436
Lot Dimensions 63x152
Lot Size Acres 0.2217
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90044

Price
AVG $730K
$1.85M
Year Built
AVG 1932
1936

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