916 W 88th Street, Los Angeles, CA 90044

  • $869,000
916 W 88th Street
ResidentialIncome Active
916 W 88th Street, Los Angeles, CA 90044
916 W 88th Street
  • $869,000

Overview

Property ID: HZSB24211066
  • Triplex
  • Property Type
  • 0
  • Garage
  • 1923
  • Year Built

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 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!

  • Address 88th
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90044

Details

Updated on May 3, 2025 at 9:20 pm
  • Property ID: HZSB24211066
  • Price: $869,000
  • Land Area: 0.1177 SquareFeet
  • Garage: 0
  • Year Built: 1923
  • Property Type: Triplex
  • Property Status: ResidentialIncome

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