Property Details
About this Property
Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 12.33 GRM and 5.4 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!
MLS Listing Information
MLS #
CRSB24211066
MLS Source
California Regional MLS
Days on Site
51
Interior Features
Appliances
Microwave, Oven Range - Gas, Refrigerator
Flooring
Laminate
Laundry
None
Cooling
None
Heating
Wall Furnace
Exterior Features
Roof
Flat
Pool
None
Parking, School, and Other Information
Garage/Parking
No Parking, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
916 W 88th St is a Residential Income in Los Angeles, CA 90044. This – square foot property sits on a 5,129 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $919,000 and was built in 1923. This address can also be written as 916 W 88th St, Los Angeles, CA 90044.
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This listing information is up-to-date as of November 08, 2024. For the most current information, please contact Jeffrey Isenberg, (310) 982-7055
