916 W 88th Street | Los Angeles | State of California | Prices, Plans, Availability

Los Angeles icon

Street View

32 Photos

916 W 88th Street

USD 899,000

Property ID: SB24211066

916 W 88th Street ,90044

5129 SqFt

Built in 1923

USD 175/SqFt

0 Bed

0 Full

Location Street View

Direction

Interior Details

Bedrooms

Bathrooms

Interior Size

2004

Construction Details

Property Type --

Property Condition --

Architectural Style --

New Construction --

Year Built 1923

Detailed Introduction Of This Home

Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 12.59 GRM and 5.3 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!

Contact Development/Agent