$2,200,000 Price Analysis   ♡   Los Angeles, CA 90044 16 bed 8 bath 5,122 SqFt ($429/SqFt) 9,659SqFt lot. Built 1936 Listed 2024-05-15, Taxes $18,386 | Ⓧ 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 bulding 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 opportunity 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 an d 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
Bedrooms: 16
Total Bathrooms: 8
Full Bathrooms: 8
Full Bathrooms: 8
Heating Features: Wall
Water Features: Public
Lot Description: Fenced Yard, Lot Shape-Rectangular, Lot-Level/Flat
Lot Size Acres: 0.2217401
Lot Size Dimensions: 63x152
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9659
Lot Size Acres: 0.2217401
Lot Size Dimensions: 63x152
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9659
Garage Description: Side By Side, Shared Driveway, Tandem, Uncovered
Parking Total: 3
Parking Total: 3
Association: No
Calculated Total Monthly Association Fees: 0
Calculated Total Monthly Association Fees: 0
Number of Buildings: 2
Number of Units: 10
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 30520
Number of Units: 10
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 30520
Tenant Pays: Gas, Electric
Vacancy Allowance: 7145
Vacancy Allowance: 7145
Source Listing Status: Active
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
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 | $388,673 + $911,371 $1,300,044 | $18,386 |
| 2021 | $381,052 + $893,501 $1,274,553 | $18,228 |
| 2020 | $377,145 + $884,340 $1,261,485 | $18,361 |
| 2019 | $369,750 + $867,000 $1,236,750 | $17,717 |
| 2018 | $362,500 + $850,000 $1,212,500 | $17,500 |
| 2017 | $88,975 + $333,663 $422,638 | $8,172 |
| 2016 | $87,231 + $327,121 $414,352 | $7,914 |
| 2015 | $85,921 + $322,208 $408,129 | $7,823 |
| 2014 | $84,238 + $315,897 $400,135 | $7,864 |
| 2013 | $83,858 + $314,470 $398,328 | $7,801 |
| 2012 | $82,214 + $308,304 $390,518 | $7,510 |
| 2010 | $80,602 + $302,259 $382,861 | $8,760 |
| 2009 | $249,696 + $582,624 $832,320 | $11,488 |
| 2009 | $89,786 + $349,170 $438,956 | $11,488 |
| 2008 | $244,800 + $571,200 $816,000 | $11,032 |
| 2007 | $240,000 + $560,000 $800,000 | $10,655 |
Listed 2024-05-15
$2,200,000
TheMLSCLAW
Listing removed 2018-10-19
$689,000
CRISNET
Sold 2017-10-05
$1,212,500
Public Record
Listing removed 2012-12-31
$689,000
ITECH
Listing removed 2012-11-27
$689,000
CRISNET
Listed 2012-07-23
$689,000
ITECH
Listed 2012-07-23
$689,000
CRISNET
Listing removed 2012-05-15
$693,000
TheMLSCLAW
Listing removed 2012-05-14
$693,000
ITECH
Price Changed 2012-02-08
$693,000
TheMLSCLAW
Listed 2012-01-27
$693,000
ITECH
Listed 2012-01-27
$749,000
TheMLSCLAW
Listing removed 2011-04-01
$297,900
TheMLSCLAW
Sold 2010-04-30
$300,000
ITECH
Listing removed 2010-04-10
$297,900
TheMLSCLAW
Listed 2010-04-04
$297,900
TheMLSCLAW
Listed 2010-03-30
$297,900
ITECH
Listed 2010-03-30
$297,900
TheMLSCLAW
Listing removed 2010-02-05
$540,000
SoCalMLS
Listing removed 2010-02-01
$499,900
CRMLS
Listing removed 2010-01-31
$540,000
TheMLSCLAW
Listing removed 2010-01-30
$499,900
ITECH
Listing removed 2010-01-30
$540,000
ITECH
Price Changed 2009-10-18
$499,900
CRMLS
Listed 2009-02-22
$540,000
CRMLS
Listing removed 2009-02-22
$540,000
TheMLSCLAW
Listed 2009-02-13
$540,000
TheMLSCLAW
Listed 2009-01-18
$499,900
ITECH
Listed 2009-01-18
$540,000
ITECH
Listed 2009-01-18
$540,000
SoCalMLS
Listing removed 2009-01-01
$899,800
ITECH
Listing removed 2008-12-31
$899,800
ITECH
Listed 2007-12-20
$899,800
ITECH
Listed 2007-12-20
$899,800
ITECH
Sold 2006-11-29
$850,000
ITECH
Listed 2006-09-05
$835,000
ITECH
Sold 2005-11-29
$735,000
ITECH
Listed 2005-09-26
$725,000
ITECH
Sold 2000-06-28
$238,000
ITECH
Listed 2000-01-06
$252,900
ITECH
Sold 1997-05-28
$160,500
ITECH
Listed 1997-02-11
$175,000
ITECH
Sold 1988-10-07
$215,000
Public Record
Sold 1987-01-05
$145,000
Public Record
$2,200,000
TheMLSCLAW
Listing removed 2018-10-19
$689,000
CRISNET
Sold 2017-10-05
$1,212,500
Public Record
Listing removed 2012-12-31
$689,000
ITECH
Listing removed 2012-11-27
$689,000
CRISNET
Listed 2012-07-23
$689,000
ITECH
Listed 2012-07-23
$689,000
CRISNET
Listing removed 2012-05-15
$693,000
TheMLSCLAW
Listing removed 2012-05-14
$693,000
ITECH
Price Changed 2012-02-08
$693,000
TheMLSCLAW
Listed 2012-01-27
$693,000
ITECH
Listed 2012-01-27
$749,000
TheMLSCLAW
Listing removed 2011-04-01
$297,900
TheMLSCLAW
Sold 2010-04-30
$300,000
ITECH
Listing removed 2010-04-10
$297,900
TheMLSCLAW
Listed 2010-04-04
$297,900
TheMLSCLAW
Listed 2010-03-30
$297,900
ITECH
Listed 2010-03-30
$297,900
TheMLSCLAW
Listing removed 2010-02-05
$540,000
SoCalMLS
Listing removed 2010-02-01
$499,900
CRMLS
Listing removed 2010-01-31
$540,000
TheMLSCLAW
Listing removed 2010-01-30
$499,900
ITECH
Listing removed 2010-01-30
$540,000
ITECH
Price Changed 2009-10-18
$499,900
CRMLS
Listed 2009-02-22
$540,000
CRMLS
Listing removed 2009-02-22
$540,000
TheMLSCLAW
Listed 2009-02-13
$540,000
TheMLSCLAW
Listed 2009-01-18
$499,900
ITECH
Listed 2009-01-18
$540,000
ITECH
Listed 2009-01-18
$540,000
SoCalMLS
Listing removed 2009-01-01
$899,800
ITECH
Listing removed 2008-12-31
$899,800
ITECH
Listed 2007-12-20
$899,800
ITECH
Listed 2007-12-20
$899,800
ITECH
Sold 2006-11-29
$850,000
ITECH
Listed 2006-09-05
$835,000
ITECH
Sold 2005-11-29
$735,000
ITECH
Listed 2005-09-26
$725,000
ITECH
Sold 2000-06-28
$238,000
ITECH
Listed 2000-01-06
$252,900
ITECH
Sold 1997-05-28
$160,500
ITECH
Listed 1997-02-11
$175,000
ITECH
Sold 1988-10-07
$215,000
Public Record
Sold 1987-01-05
$145,000
Public Record
Net Operating Income: 164483
Total Square Feet Living: 5122
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
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
Sewer: In Street
Other Equipment: Range/Oven
Danny J. Bakewell, Sr., Primary Center is a public elementary school located approximately 0.4 miles away.
Map directions
Map directionsBret Harte Preparatory Middle School is a public middle school located approximately 0.6 miles away.
Map directions
Map directionsGeorge Washington Preparatory High School is a public high school located approximately 1.5 miles away.
Map directions
Map directionsSan Pedro Academy is a private middle and high school located approximately 0.2 miles away.
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.