CA > Los Angeles
Los Angeles, CA 90044,501 W 88th ST
Los Angeles, CA 90044,501 W 88th ST
Los Angeles, CA 90044,501 W 88th ST
Los Angeles, CA 90044,501 W 88th ST
Los Angeles, CA 90044,501 W 88th ST
Los Angeles, CA 90044,501 W 88th ST
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John Dandoy

John Dandoy

+1(909) 224-1278
$ 750,000
Est. payment | /mo

3,232 Sqft Lot

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$ 750,000
Est. payment | /mo
Save

3,232 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SB25010518

HOA Y/N No

Year Built 1965

Lot Size 3,232 Sqft

Property Sub-Type Mixed Use

Property Description

501 W 88th St is a 4-unit property located in South Los Angeles. Situated on a large 3,232 SF lot, this property offers a total of 2,208 SF of living space, featuring a mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. It boasts strong income potential with a 5.04% current CAP rate and incredible upside, offering a 48% rental upside, a 9.45% market CAP rate, and an 7.10 market GRM. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property is positioned in a desirable South LA location with strong rental demand.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LAC2

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Biking

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6038009028

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 3107801899
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(909) 224-1278

jrdandoy@gmail.com

101 N Indian Hill Blvd STE C1-208, Claremont, California, 91711, United States

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501 W 88th ST