1050 W 88th St - Apartments FOR SALE


Los Angeles, CA 90044- Westmont
$1,888,000 USD
626-922-1091
1050 W 88th St, Los Angeles, CA for Sale
$1,888,000 USD
Apartments - FOR SALE
1/6
null | 6.4% Cap Rate

1050 W 88th St
Los Angeles, CA 90044
Westmont


OVERVIEW

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 and 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.

FOR SALE DETAILS

PRICE

$1,888,000 USD

PRICE/SF

$291 USD /SF

# OF UNITS

8

PRICE/UNIT

$236,000

CAP RATE

6.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

R3-2, Los Angeles

APN/PARCEL ID

6047-009-011

ASK ABOUT THIS PROPERTY

ALEJANDRINA VIDESDream Life RealtyMore Info
626-922-1091

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ALEJANDRINA VIDESDream Life RealtyMore Info
626-922-1091

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.