1152 W 88th Street, Los Angeles, CA 90044
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
1152 W 88th Street,Los Angeles, CA 90044
$1,950,000
- 20 Beds
- 10 Baths
- 6,436 sq. ft.
- Multi-family
- Active
Listed by: casey lins, vincent cook
Office: kidder mathews of california, inc.
MLS#:25609415
Source:CRMLS
Price summary
- Price:$1,950,000
- Price per sq. ft.:$302.98
About this home
We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.81% CAP and 7.22 GRM on current rents, with significant upside potential to achieve an 11.15% CAP and 6.54 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 buildings a two-story front structure and a single-story rear building offering a total of 6,438 rentable square feet. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. The unit mix features 100% two-bedroom units, with 3 units delivered VACANT at closing, presenting an immediate opportunity for renovation and rent increases. Contact the listing broker for additional information.
Contact an agent
Home facts
- Year built:1936
- Listing ID #:25609415
- Added:207 day(s) ago
- Updated:November 21, 2025 at 03:32 PM
Rooms and interior
- Bedrooms:20
- Total bathrooms:10
- Living area:6,436 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1936
- Building area:6,436 sq. ft.
- Lot area:0.22 Acres
Finances and disclosures
- Price:$1,950,000
- Price per sq. ft.:$302.98
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