916 W 88th Street
$919,000
Description
916 W 88th Street,
Los Angeles,
CA
90044
Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit rental income in the Manchester neighborhood of LA. This cash flowing property features spacious one bedroom units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 12.59 GRM and 5.3 Cap Rate on current rents with an additional 21% upside. Adjacent to the 110 (Harbor) Fwy & close proximity to local schools. .2 miles from the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools.
This is an Active listing.
Broker Office Phone Number: 310-982-7055
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Amenities
- Fenced
- Refrigerator
- Laminate Flooring
Listing By: Buckingham Investments, Inc via Data Source: California Regional Multiple Listing Service, Inc
Price History
| date | price | variance | type |
|---|
| 11/5/2024 | $919,000 | 2.22 % | increased |
| 10/11/2024 | $899,000 | - | Listed |
listing agent: Jeffrey Isenberg
