1152 88th Street, Los Angeles

$2,200,000

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2

Beds

1

Bath

5,122

Square feet

0.22

Acres

Listing Agent
Peter James - Lyon Stahl Investment Real Estate, Inc.

About 1152 88th Street

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.

Features of 1152 88th Street

MLS® # 24391819
Price $2,200,000
Bedrooms 2
Bathrooms 1.00
Square Footage 5,122
Acres 0.22
Year Built 1936
Type Residential Income
Status Active

Community Information

Address 1152 88th Street
Area C36 - Metropolitan Southwest
City Los Angeles
County Los Angeles
Zip Code 90044

Amenities

Parking Spaces 3
Parking Garage, Shared Driveway, Side By Side, Tandem, Uncovered
Garages Garage, Shared Driveway, Side By Side, Tandem, Uncovered
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
# of Stories 2
Stories Multi/Split

Exterior

Lot Description Rectangular Lot

Additional Information

Date Listed May 15th, 2024
Days on Market 59
Zoning LCR320U*
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentPeter James
OfficeLyon Stahl Investment Real Estate, Inc.

Listing Map

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