$2200000 Price Analysis   ♡   Los Angeles, CA 90044 16 bed 8 bath 5122 SqFt ($429/SqFt) 9659SqFt lot. Built 1936 Listed 2024-05-15, Taxes $18386 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
Part of an 8 Building Portfolio!
Can be sold individually or as a portfolio. 1152 W 88th St is a mostly stabilized 10 unit apartment building located in unincorporated Los Angeles County. Offering a compelling 9.24 GRM and 7.48% Cap Rate, 1152 W 88th St stands as a prime pportunity for investors seeking healthy cash flow in an expanding submarket of Los Angeles County.
With an excellent unit mix of (10) 2-Bed/1-Bath Units, this 7.48% Cap is still $220k/Unit for such a strong unit mix. In the heart of this vibrant submarket, a fusion of established local gems and burgeoning new constructions awaits, offering potential tenants an enticing blend of neighborhood charm and modern amenities.
Presented by Peter James at
Lyon Stahl Investment Re, Inc.
Property MLS #24-391819 from TheMLSCLAW
Full Bathrooms: 8
Lot Size Acres: 0.2217401
Lot Size Dimensions: 63x152
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9659
Parking Total: 3
Calculated Total Monthly Association Fees: 0
Number of Units: 10
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 30520
Vacancy Allowance: 7145
County: Los Angeles
Cap Rate: 7.48
Directions: South of Manchester, west of Vermont on the corner of 88th and Budlong
Source Property Type: Residential Income
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Parcel Number: 6047-009-022
Property Location: Alley Access
Zoning: LCR320U
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $388673 + $911371 $1300044 | $18386 |
| 2021 | $381052 + $893501 $1274553 | $18228 |
| 2020 | $377145 + $884340 $1261485 | $18361 |
| 2019 | $369750 + $867000 $1236750 | $17717 |
| 2018 | $362500 + $850000 $1212500 | $17500 |
| 2017 | $88975 + $333663 $422638 | $8172 |
| 2016 | $87231 + $327121 $414352 | $7914 |
| 2015 | $85921 + $322208 $408129 | $7823 |
| 2014 | $84238 + $315897 $400135 | $7864 |
| 2013 | $83858 + $314470 $398328 | $7801 |
| 2012 | $82214 + $308304 $390518 | $7510 |
| 2010 | $80602 + $302259 $382861 | $8760 |
| 2009 | $249696 + $582624 $832320 | $11488 |
| 2009 | $89786 + $349170 $438956 | $11488 |
| 2008 | $244800 + $571200 $816000 | $11032 |
| 2007 | $240000 + $560000 $800000 | $10655 |
$2200000
TheMLSCLAW
Listing removed 2018-10-19
$689000
CRISNET
Sold 2017-10-05
$1212500
Public Record
Listing removed 2012-12-31
$689000
ITECH
Listing removed 2012-11-27
$689000
CRISNET
Listed 2012-07-23
$689000
ITECH
Listed 2012-07-23
$689000
CRISNET
Listing removed 2012-05-15
$693000
TheMLSCLAW
Listing removed 2012-05-14
$693000
ITECH
Price Changed 2012-02-08
$693000
TheMLSCLAW
Listed 2012-01-27
$693000
ITECH
Listed 2012-01-27
$749000
TheMLSCLAW
Listing removed 2011-04-01
$297900
TheMLSCLAW
Sold 2010-04-30
$300000
ITECH
Listing removed 2010-04-10
$297900
TheMLSCLAW
Listed 2010-04-04
$297900
TheMLSCLAW
Listed 2010-03-30
$297900
ITECH
Listed 2010-03-30
$297900
TheMLSCLAW
Listing removed 2010-02-05
$540000
SoCalMLS
Listing removed 2010-02-01
$499900
CRMLS
Listing removed 2010-01-31
$540000
TheMLSCLAW
Listing removed 2010-01-30
$499900
ITECH
Listing removed 2010-01-30
$540000
ITECH
Price Changed 2009-10-18
$499900
CRMLS
Listed 2009-02-22
$540000
CRMLS
Listing removed 2009-02-22
$540000
TheMLSCLAW
Listed 2009-02-13
$540000
TheMLSCLAW
Listed 2009-01-18
$499900
ITECH
Listed 2009-01-18
$540000
ITECH
Listed 2009-01-18
$540000
SoCalMLS
Listing removed 2009-01-01
$899800
ITECH
Listing removed 2008-12-31
$899800
ITECH
Listed 2007-12-20
$899800
ITECH
Listed 2007-12-20
$899800
ITECH
Sold 2006-11-29
$850000
ITECH
Listed 2006-09-05
$835000
ITECH
Sold 2005-11-29
$735000
ITECH
Listed 2005-09-26
$725000
ITECH
Sold 2000-06-28
$238000
ITECH
Listed 2000-01-06
$252900
ITECH
Sold 1997-05-28
$160500
ITECH
Listed 1997-02-11
$175000
ITECH
Sold 1988-10-07
$215000
Public Record
Sold 1987-01-05
$145000
Public Record
Year Built: 1936
Direction Faces: North
Levels: Multi Levels
Living Area Source: Vendor Enhanced
Property Age: 88
Roof: Flat
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced
Map directions Map directions Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.