1209 W 88TH ST Los Angeles, CA 90044

$775,000

1 of 29

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.

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Details


Interior
Flooring
Carpet, Laminate, Tile
Living Area
2,436 SqFt.

Building And Construction
Number Of Units Total
4
Property Sub Type
Multi Family
Property Type
Residential Income
Year Built
1950

Exterior And Lot
Lot Size Acres
0.1397
Lot Size Square Feet
6084
Lot Size Units
Square Feet
Parking Total
4
Zoning
LCR320U*

Utilities
Cooling
None
Heating
Wall Furnace

Area And Schools
City
Los Angeles
County Or Parish
Los Angeles

Financial Info
Buyer Agency Compensation
2.500

Listing By eXp Realty of California Inc – Jessica Nieto

MLS# OC21016943

Data Last Updated 6:41pm - 02/27/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

Transportation

Walking

Very Walkable

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