$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 Westmont |
P art 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. Offring 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 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
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.