916 W 88Th Street, Los Angeles, CA 90044
-
Listed Price :
$899,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1923
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!
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Features |
Bedroom on Main Level |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
| Flooring Information |
| Material |
Laminate |
| Interior Information |
| Features |
Ceiling Fan(s), Quartz Counters, Recessed Lighting, Bedroom on Main Level |
| Cooling Type |
None |
Listing Information
| Address |
916 W 88Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90044 |
| County |
Los Angeles |
| Listing Agent |
Jeffrey Isenberg DRE #02059354 |
| Courtesy Of |
Buckingham Investments, Inc |
| List Price |
$899,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Triplex |
| Structure Size |
N/A |
| Lot Size |
5,129 |
| Year Built |
1923 |
Listing information courtesy of: Jeffrey Isenberg, Buckingham Investments, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 14th, 2024 at 1:25 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
