916 West 88th Street
$919,000
4
4
2,004
2,004
$459
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...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!
- Listed by Jeffrey Isenberg • DRE #02059354 • Brokerage DRE #01914434 • Buckingham Investments, Inc • 818-795-4477
Property Details for 916 West 88th Street
View
None
Parking Spaces Total0
Private PoolNo
Cooling TypeN/K
Total Units4.0
Building TypeDetached
Lot Size SourceAssessor
Living Area2004
LISTING UPDATED: 11/08/2024 07:44 AM
Property Details for 916 West 88th Street
Status | Active |
---|---|
MLS # | SB24211066 |
Days on Market | 53 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1923 |
Lot Size | 0.12 AC / 5,129 SF |
County | Los Angeles County |
Building Information for 916 West 88th Street
Stories1Residences-Year Built1923Building Size-Lot Size0.12 AC / 5,129 SF
Property Information for 916 West 88th Street
Property History for 916 West 88th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 916 West 88th Street
Taxable ValueLand$477,543Additions$159,181Total$636,724
Tax Record2024$8,026 ($669 / month)
Home Facts
Total Finished SqFt1,584 SqFtAbove Grade Finished SqFt1,584 SqFtLot Size5,129 SqFtStyleTriplexYear Built1923ZoningLARD3CountyLOS ANGELESAPN6038-021-001
Schools near 916 West 88th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | 1 to 6 | |||
Public - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Manchester Avenue Elementary School Public1 to 6 | ||
Bret Harte Preparatory Middle School Public6 to 8 | ||
Alain Leroy Locke College Prep Academy Charter9 to 12 | ||
Youth Opportunities Unlimited School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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