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… Read More 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. Read Less
Courtesy of Kidder Mathews of California, Inc. 858-369-3010
Listing Snapshot
Days Online
357
Last Updated
Property Type
Other
Beds
20
Square Ft.
6,436
Lot Size
0.22 Acres
Year Built
1936
MLS Number
25609415
Additional Details
Appliances & Equipment
Other
Building
6,436 sq ft, Built in 1936, Levels: Two Level, Attached
Cooling
None
Disclosures
None
Garage
Driveway
Heating
Wall
Lot
LotAcreage: 0.2217, LotSizeArea: 9,659, LotSizeDimensions: 63x152, Single Lot, Corner Lot
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