1209 W 88TH ST Los Angeles, CA 90044
$775,000
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Bedrooms
—
Total Baths
—
Full Baths
2,436
Square Feet
0.14
Acres
1950
Year Built
32 days
On Website
Active
Status
Amazing Opportunity to purchase Four Units in Unincorporated Los Angeles on a Large lot with LCR320U* Zoning, offering development and value add opportunities! Add this cash flowing asset to your portfolio or move in one unit and continue to lease the others. Three units are leased and performing, current total gross income for the 3 leased units is $45,168/annually or $3,764/month Plus one additional vacant unit that is rent ready! The unit mix consists of three 1bed/1 bath units and one 3bed/2 full bath unit. Each unit is separately metered, there are a total of 5 electrical meters and 5 gas meters (The building used to be a 5 unit with 5 singles). All units have been updated in the past 6 years including kitchen/bath remodels. No laundry, off-street parking available for each unit accessible from the alley. Just minutes from LAX, SoFi Stadium, SpaceX, and the 105/110 freeways. Get ready for great appreciation in this area with the Rams Stadium and 2028 Olympics!! New Vermont Corridor and Metro line expansion to the Westside. Close to USC, Schools, shopping, less than 3 miles from Hollywood Park and minutes to Downtown Los Angeles. Don't miss this opportunity, inquire today about making an offer! Please do not disturb the tenants.
Details
Listing By eXp Realty of California Inc – Jessica Nieto
MLS# OC21016943
Data Last Updated 6:41pm - 02/27/2021

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Transportation
Walking
Very Walkable