1152 W 88Th Street

Los Angeles, CA 90044

PRICE REDUCED

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-$205,000 (-9.32%)

$1,995,000

List Price

16

bed Beds

8

shower Baths

5,122 sqft

straighten / sqft

1936

calendar_month Built

Property 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 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.

Listing Information

List Price $1,995,000
Status Active
MLS 24391819
Type Residential Income
Year Built 1936
Lot Size 9,659
Structure Size 5,122
DOM 90
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Peter James DRE#01748556
Co-Listing Agent William James DRE#01734419

Interior Features

Total Bedroom
Bedrooms 16
Total Bathroom
Bathrooms 8
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Peter James, William James, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:53 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.