Los Angeles, CA 90044,916 W 88th Street
Los Angeles, CA 90044,916 W 88th Street
Los Angeles, CA 90044,916 W 88th Street
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Alessandra Imanabadi

Alessandra Imanabadi

Nationwide Fine Homes

+1(510) 504-2528
Listed by Jeffrey Isenberg • Buckingham Investments, Inc
$899,000
Est. payment /mo
2,004 SqFt
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UPDATED:

10/23/2024 04:52 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,004 sqft

Price per Sqft $448

MLS Listing ID CRSB24211066

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1923

Lot Size 5,129 Sqft

Property 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 12.59 GRM and 5.3 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!

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling No Air Conditioning

Flooring Laminate

Fireplace No

Laundry No Hookups

Exterior

View None

Parking Type None

Building

Water Public


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Bay East AOR and Contra Costa AOR