Los Angeles, CA 90044 1152 W 88th Street

1152 W 88th Street Los Angeles, CA - Image 11152 W 88th Street Los Angeles, CA - Image 21152 W 88th Street Los Angeles, CA - Image 3
15 more
1152 W 88th Street Los Angeles, CA - Image 41152 W 88th Street Los Angeles, CA - Image 51152 W 88th Street Los Angeles, CA - Image 61152 W 88th Street Los Angeles, CA - Image 71152 W 88th Street Los Angeles, CA - Image 81152 W 88th Street Los Angeles, CA - Image 91152 W 88th Street Los Angeles, CA - Image 101152 W 88th Street Los Angeles, CA - Image 111152 W 88th Street Los Angeles, CA - Image 121152 W 88th Street Los Angeles, CA - Image 131152 W 88th Street Los Angeles, CA - Image 141152 W 88th Street Los Angeles, CA - Image 151152 W 88th Street Los Angeles, CA - Image 161152 W 88th Street Los Angeles, CA - Image 171152 W 88th Street Los Angeles, CA - Image 181152 W 88th Street Los Angeles, CA - Image 19
Presented By: Casey Lins with Kidder Mathews of California, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25531745
  • 04/29/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 20
  • Baths • 10
  • SQFT • 6,436

Home Details

We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at an 8.52% CAP and 7.99 GRM on current rents, with significant upside potential to achieve an 10.08% CAP and 7.04 GRM upon stabilization. Nestled just south of Manchester Ave and west of Vermont Ave, this property offers excellent connectivity with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, and Crenshaw. The property is comprised of two buildings, a two-story front structure and a single-story rear building offering a total of 6,438 rentable square feet. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. The unit mix features 100% two-bedroom units. Contact the listing broker for additional details.
Presented By: Casey Lins with Kidder Mathews of California, Inc.;

Interior Features for 1152 W 88th Street

Bedrooms

Total Bedrooms20

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths10

Other Interior Features

LivingAreaSourceOther
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Total Stories2

General for 1152 W 88th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate8.52
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsGoogle Maps: 1152 W 88th St, Los Angeles, CA 90044
Full Baths
Garage Y/NNo
Gross Income262680.0
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet9659.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income178896.0
New ConstructionNo
Number Of Units Total10
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
Year Built1936
Year Built SourceAssessor
ZoningLCR320U*

Exterior for 1152 W 88th Street

Building Area Total6436.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions63x152
Lot Size Acres0.2217
Lot Size Area9659.0
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings2
Parking FeaturesUncovered
Private PoolNo
SpaNo
Total Parking3.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $2,100,000
MLS#25531745
List Date 04/29/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
Visit My Website

Similar Properties to 1152 W 88th Street

Compare listings

Compare