1152 W 88th St | Los Angeles, CA 90044
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- LoopNet Team
1152 W 88th St
Los Angeles, CA 90044
8.18% Current Cap Rate · Multifamily Property For Sale · 10 Units
Investment Highlights
- Strong immediate income with a 8.52 GRM and 8.18% Cap Rate
- 35% in rental upside and stabilizes at 5.56 GRM and 13.64% Cap rate
- Strong mix of (9) 2 Bed/1 Bath Units and (1) 1 Bed/1 Bath
- Priced at only $309/SF and $199,500/Unit
PROPERTY FACTS
| No. Units | 10 | Building Size | 6,438 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1936 |
| Building Class | C | Parking Ratio | 0.62/1,000 SF |
| Lot Size | 0.22 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 6,438 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1936 |
| Parking Ratio | 0.62/1,000 SF |
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 9 | $1,774 | 650 |
| 1+1 | 1 | $2,222 | 550 |
PROPERTY TAXES
| Parcel Number | 6047-009-022 | Improvements Assessment | $404,374 |
| Land Assessment | $948,189 | Total Assessment | $1,352,563 |
PROPERTY TAXES
Parcel Number
6047-009-022
Land Assessment
$948,189
Improvements Assessment
$404,374
Total Assessment
$1,352,563
zoning
| Zoning Code | R3200, L.A. County |
| R3200, L.A. County |
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