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$1,350,000   Price Analysis
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907 E 88th St
Los Angeles, CA 90002
10 bed 6 bath 3,606 SqFt ($374/SqFt)
5,161SqFt lot. Built 2019
Listed 2024-04-12, Taxes $11,168
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This well-maintained duplex built in 2019

Not subject to LA City control, features two sizeable units, each with 5 bedrooms and 3 bathrooms. The property is perfect for investors or owner-user. Both units are currently occupied by a non-prof it program. Monthly rents are $3, 200 for the front unit and $3, 200 for the rear unit.

The tenants have occupied the units since 2019 and pay for all utilities and maintain the building. The current owner has not raised the rents snce 2019; there is sizable upside potential. There is an attached 1-car garage in the front and 2-car garage in the rear. Conveniently located near markets, shopping, schools, public transportation, freeways and Downtown L. A.


Presented by Johnny Cho at
Keller Williams Realty Los Feliz.
Listing Agent Photo

Property MLS #24-379647 from TheMLSCLAW

Bedrooms: 10

Total Bathrooms: 6
Full Bathrooms: 6

Heating Features: Central

Lot Size Acres: 0.1184803
Lot Size Dimensions: 40x129
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5161

Garage Spaces: 3
Garage Description: Garage - 2 Car, Attached
Parking Total: 6

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 2
Unit Features: 1 BedsTotal: 5, 1 BathsTotal: 3, 1 SquareFeet: 4900, 2 BedsTotal: 5, 2 BathsTotal: 3, 2 SquareFeet: 4900

Gross Income: 76800

Source Listing Status: Active
County: Los Angeles
Cap Rate: 4.3
Directions: South of Manchester, North of Century, East of Avalon, & West of Central
Source Property Type: Residential Income
Area: Metropolitan South
Source Neighborhood: Metropolitan South
Parcel Number: 6042-025-017
Postal Code Plus 4: 1110
Zoning: LAR2
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$489,519 + $412,226
$901,745
$11,168
2021$479,921 + $404,144
$884,065
$11,016
2020$475,000 + $400,000
$875,000
$11,122
2019$18,211 + $13,596
$31,807
$745
2018$17,854 + $13,330
$31,184
$645
2017$17,504 + $13,069
$30,573
$628
2016$17,161 + $12,813
$29,974
$602
2015$16,904 + $12,621
$29,525
$591
2014$16,573 + $12,374
$28,947
$596
2013$16,499 + $12,319
$28,818
$591
2012$16,176 + $12,078
$28,254
$592
2010$15,859 + $11,842
$27,701
$584
2009$15,779 + $11,782
$27,561
$558
2009$15,741 + $11,754
$27,495
$558
2008$15,470 + $11,551
$27,021
$534
2007$15,167 + $11,325
$26,492
$506

Listed 2024-04-12
$1,350,000
TheMLSCLAW
Sold 2022-01-27
$1,150,000
Public Record
Sold 2019-10-21
$875,000
Public Record
Listing removed 2019-02-10
$349,000
CRMLS
Listing removed 2019-02-09
$0
CRMLS
Sold 2019-02-04
$370,000
SanDiegoMLS
Listed 2018-12-18
$349,000
SanDiegoMLS
Listed 2018-12-18
$349,000
CRMLS

Net Operating Income: 57400

Total Square Feet Living: 3606
Year Built: 2019
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 5
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

Other Equipment: Refrigerator, Range/Oven

Russell Elementary School is a public elementary school located approximately 0.4 miles away.
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Charles Drew Middle School is a public middle school located approximately 0.6 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 0.6 miles away.
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Miracle Baptist Christian School is a private elementary and middle school located approximately 0.4 miles away.
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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.