About 916 W 88th Street
Updated and well maintained 4-unit property including recently built ADU offering strong 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 11.3 GRM and 6.0 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!
Features of 916 W 88th Street
| MLS® # | SB24211066 |
|---|---|
| Price | $829,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Acres | 0.12 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Pending |
Community Information
| Address | 916 W 88th Street |
|---|---|
| Area | LOS ANGELES (90044) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90044 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| Stories | 1 Story |
Exterior
| Lot Description | Sidewalks |
|---|---|
| Construction | Stucco |
Additional Information
| Date Listed | October 3rd, 2024 |
|---|---|
| Days on Market | 334 |
| Zoning | Public Rec |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Buckingham Investments, Inc |
|---|