Properties
Los Angeles, CA 90044 1050 W 88th Street
$1,888,000
0 more
Presented By: Alejandrina Vides with DREAM LIFE REALTY; 626-922-1091
Baths • 1
SQFT • 6,480
Home Details
Investment Opportunity!!! In the heart of Los Angeles. Close to public transportation & easy freeway access. Property features, 6 units, 2 bedrooms, 1 bathroom & 2 units, 1 bedroom, 1 bathroom. There are also plans submitted for two ADU (2 bedrooms, 1 Bathroom each), which will be delivered ready to issue. With all units currently leased, investors will benefit from immediate cash flow and strong long term upside. The units have separate meter for gas & electricity.
Presented By: Alejandrina Vides with DREAM LIFE REALTY; 626-922-1091
Interior Features for 1050 W 88th Street
Other Interior Features
LivingAreaSourceAssessor
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 1050 W 88th Street
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Carport Spaces2
Carport Y/NYes
CityLos Angeles
Construction MaterialsDrywall, Stucco
CountyLos Angeles
Current FinancingNone
Current UseMulti-Family
DirectionsVermont Ave. & 88th Street
Insurance Expense6500
Land Lease Y/NNo
Lease Considered Y/NYes
Listing TermsSubmit
Lot Size Square Feet9126
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense4200
Net Operating Income142768
Number Of Units Total36
Number of Units Leased8
Occupancy TypeTenant
PostalCityLOS ANGELES
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
RoofShingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesSewer Connected
Water Sewer Expense9620
Year Built1959
Year Built SourceAssessor
ZoningLCR320U
Exterior for 1050 W 88th Street
Building Area Total6480
FencingAverage Condition, Cross Fenced
Lot Features6-10 Units/Acre, Front Yard, Street Level
Lot Size Acres0.2095
Lot Size Area9126
Lot Size SourceAssessor
Number of Buildings1
Total Parking2
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
