CA > Los Angeles
Los Angeles, CA 90044,916 West 88th Street
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Los Angeles, CA 90044,916 West 88th Street
Los Angeles, CA 90044,916 West 88th Street
Los Angeles, CA 90044,916 West 88th Street
Los Angeles, CA 90044,916 West 88th Street
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Nicole Van Parys & Gary Nesen

Nicole Van Parys & Gary Nesen

+1(805) 795-1880
Listed by Jeffrey Isenberg • Buckingham Investments, Inc
$ 829,000
Est. payment /mo
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Price Dropped by $40K

916 West 88th Street Los Angeles, CA 90044

2,004 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,004 sqft

Price per Sqft $413

MLS Listing ID SB-24211066

Year Built 1923

Lot Size 5,129 Sqft

Property Sub-Type Triplex

Property Description

Updated and well maintained 4-unit property including recently built ADU offering strong 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 11.3 GRM and 6.0 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

Area C36 - Metropolitan Southwest

Zoning LARD3

Interior

Interior Features Copper Plumbing Partial, Ceiling Fan(s), Recessed Lighting

Heating Wall Furnace

Flooring Laminate

Fireplaces Type None

Inclusions Range, Refrigerator & Microwave located in the ADU.

Laundry None

Exterior

Exterior Feature Awning(s)

Parking Features None

Pool None

Community Features Park, Sidewalks

Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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916 West 88th Street