Homes for sale - 916 W 88th ST, Los Angeles, CA 90044

$810,000

$829,000 2.3%

Est. payment - /mo

UPDATED:

Key Details

Sold Price $810,000

Property Type Single Family Home, Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB24211066

Year Built 1923

Property Sub-Type Triplex

Property Description

Updated and well maintained 4-unit property including recently built ADU offering strong 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 11.3 GRM and 6.0 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!

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD3

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type None

Laundry None

Exterior

Exterior Feature Awning(s)

Parking Features None

Fence Chain Link

Pool None

Community Features Park, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

View Y/N No

View None

Roof Type Flat

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

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Listed by Jeffrey Isenberg Buckingham Investments, Inc 818-795-4477
Bought with J.R. Harrison Onyx Realty & Finc. Serv., Inc

Amanda Byrd

Agent | License ID: 02197027

+1(714) 478-8337 | amanda@llhomesteam.com

916 W 88th ST Los Angeles, CA 90044

Key Details

Location

Interior

Exterior

Building

Others

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916 W 88th ST

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