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1350 W 88th Street
USD 1,295,000
Property ID: SB23181007
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1350 W 88th Street ,90044
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icon 6921 SqFt
icon Built in 1967
icon USD 187/SqFt
icon 0 Bed
icon 0 Full
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Location Street View
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
3960
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1967
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Detailed Introduction Of This Home
1350 W 88th St is a renovated 4-Plex comprised of all 2-Bed/1.5-Bath Townhouse style (2-Story) Units and delivered with three units that will vacate by close of escrow. Both LA Planning Department and LA Building department have provided approval stamps and ADU construction is ready to begin day 1. This 4 unit building is located in a rapidly growing submarket of unincorporated Los Angeles with plenty of value for an investor or owner/user looking to increase the value. The subject property is located in the 90044 zip code and currently priced at a 5.57% cap rate! After the addition of the ADU, the subject property will operate at a 8.61% cap rate, including estimated construction costs. With three of four units currently renovated and will vacate by close of escrow, this asset will immediately cash flow and is fit for any investor looking for stable income and the opportunity to add value through the process of ADUs. Located in an unincorporated area of Los Angeles County and NOT in Los Angeles City, the subject property is steps from the new recreational developments nearby. With close proximity to Inglewood's new SoFi Stadium, Intuit Dome as well as, Downtown LA's Crypto.com arena, USC, Los Angeles Memorial Coliseum and BMO Stadium.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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1350 W 88th Street
USD 1,295,000 0 Beds
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