916 W 88th Street, Los Angeles, CA 90044

  • $869,000
  • $899,000
916 W 88th Street, Los Angeles, CA 90044
Active Updated/Remodeled
916 W 88th Street, Los Angeles, CA 90044
916 W 88th Street, Los Angeles, CA 90044
  • $869,000
  • $899,000

Description

Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit 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 12.33 GRM and 5.4 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!

  • Address 916 W 88th Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Country US

Details

Updated on May 3, 2025 at 6:28 pm
  • Property ID: SB24211066
  • Price: $869,000
  • Property Size: 2004 Square Feet
  • Land Area: 0.1177 Acres
  • Garage Size: x x
  • Year Built: 1923
  • Property Type: Triplex, Residential Income
  • Property Status: Active

Contact Information

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  • Hoyt Hochman