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$ 1,850,000
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Active
1152 W 88th Street Los Angeles, CA 90044
6,436 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,436 sqft
Price per Sqft $287
MLS Listing ID CL25609415
HOA Y/N No
Year Built 1936
Lot Size 9,659 Sqft
Acres 0.2217
Property Sub-Type Other
Property Description
We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.08% CAP and 7.63 GRM on current rents, with significant upside potential to achieve an 11.40% CAP and 6.41 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 buildingsa two-story front structure and a single-story rear buildingoffering a total of 6,438 rentable square feet with a unit mix that features 9 two-bedroom units and 1 one-bedroom unit. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. Contact the listing broker for additional information.
Location
State CA
County Los Angeles
Zoning LCR320U*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 6047009022
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Casey Lins • Kidder Mathews of California, Inc.