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$759,000   Price Analysis
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1324 W 88th St
Los Angeles, CA 90044
3 bed 3 bath 1,854 SqFt ($409/SqFt)
6,085SqFt lot. Built 1923
Listed 2024-07-21, Taxes $1,957
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to this exceptional investment opportunity in the heart of Los Angeles!

This property features a charming front house with a cozy living room and fireplace, a well-appointed kitchen and a beautifully renovated bathroom. The entire unit has been freshly painted and fitted with new flooring, enhancing its inviting ambiance. The vast bedroom adds to the comfort of this delightful home.In addition to the front house, the property includes two other well-maintained units. Each unit offers a comfortable living room, a dining area, a generously-sized bedroom and a bathroom.

All units benefit from ample yard space, perfect for entertaning and outdoor activities.The property also features a long driveway and plenty of parking at the back, ensuring convenience for residents and guests. Notably, both the main house and one of the additional units will be delivered vacant and ready to be rented at market rates, offering immediate rental income potential.Don't miss out on this fant astic investment with strong potential for rental income and long-term appreciation. This is truly a extraordinary buy in a sought-after location!


Presented by Melissa Knight at
The Hills Premier Realty.


Property MLS #24-417935 from TheMLSCLAW

Bedrooms: 3

Total Bathrooms: 3
Full Bathrooms: 3

Fireplace Features: Living Room
Heating Features: Wall

Lot Size Acres: 0.1396924
Lot Size Source: Assessor
Lot Size Square Feet: 6085

Garage Description: Driveway - Combination

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 3
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 2500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2200, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2200

Source Listing Status: Active
County: Los Angeles
Cap Rate: 10.3
Directions: South of Manchester and East of Western
Source Property Type: Residential Income
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Parcel Number: 6047-007-009
Postal Code Plus 4: 2128
Zoning: LCR320U
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$23,303 + $21,230
$44,533
$1,957
2021$22,847 + $20,814
$43,661
$1,944
2020$22,613 + $20,601
$43,214
$1,945
2019$22,170 + $20,198
$42,368
$1,914
2018$21,736 + $19,802
$41,538
$1,827
2017$21,310 + $19,414
$40,724
$1,807
2016$20,893 + $19,034
$39,927
$1,727
2015$20,580 + $18,749
$39,329
$1,709
2014$20,177 + $18,382
$38,559
$1,724
2013$20,086 + $18,299
$38,385
$1,696
2012$19,693 + $17,941
$37,634
$1,687
2010$19,307 + $17,590
$36,897
$1,649
2009$19,209 + $17,501
$36,710
$1,597
2009$19,163 + $17,459
$36,622
$1,597
2008$18,833 + $17,158
$35,991
$1,552
2007$18,464 + $16,822
$35,286
$1,496

Listed 2024-07-21
$759,000
TheMLSCLAW
Listing removed 2024-06-27
$0
CRMLS
Price Changed 2024-06-05
$750,000
CRMLS
Price Changed 2024-05-14
$695,000
CRMLS
Listed 2024-03-29
$665,000
CRMLS

Net Operating Income: 78398

Total Square Feet Living: 1854
Year Built: 1923
Levels: One Level
Living Area Source: Assessor
Property Age: 101
Levels or Stories: 1
Building Total Stories: 1
Year Built Source: Vendor Enhanced

Sewer: In Street Paid

Other Equipment: Garbage Disposal, Gas Dryer Hookup

La Salle Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
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George Washington Preparatory High School is a public high school located approximately 1.4 miles away.
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Horace Mann Ucla Community is a public middle and high school located approximately 1.5 miles away.
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Marie Fegan Schools is a private elementary school located approximately 0.2 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.