916 W 88th Street, Los Angeles, CA 90044 - Berkshire Hathaway HomeServices California Properties

916 W 88th Street, Los Angeles, CA 90044

$869,000 Approx. USD 0 beds, 0 baths

Listing Agent


Jeffrey Isenberg | jeffrey.isenberg@buckinghaminvestments.com
Lic#: 02059354
Broker: Courtesy of Buckingham Investments, Inc

Agent Remarks

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!

Listing Details

Property type: Triplex (Multi-Family)
Status: Active
MLS# SB24211066
List price is $869,000 Reduced by $30,000 on 5/1/2025
Price: $869,000
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1923
1 story
0.12 acres
Lot size: 0.1177
County: Los Angeles
Zoning: LARD3
Construction: Stucco
Interior features: Ceiling Fan(s),Quartz Counters,Recessed Lighting,Bedroom on Main Level
Exterior features: Awning(s)
Appliances: Gas Range,Microwave,Refrigerator
Parking description: None
Lot description: ZeroToOneUnitAcre
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C36 - Metropolitan Southwest

Last Updated: 5/3/2025

 Days On Market (DOM): 243

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This listing belongs to the C36 - Metropolitan Southwest MLS area

Lat/Long: 33.957799, -118.290115.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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