Los Angeles, CA 90002 907 E 88th Street

907 E 88Th Street Los Angeles, Ca - Image 1907 E 88Th Street Los Angeles, Ca - Image 2907 E 88Th Street Los Angeles, Ca - Image 3
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Presented By: Johnny Cho with Keller Williams Realty Los Feliz;
  • MLS# 24379647
  • 04/12/2024
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  • BedBeds • 10
  • BathBaths • 6
  • FootageSQFT • 3,606
  • GarageGarage • 3

Home Details

This well-maintained duplex built in 2019, not subject to LA City control, features two spacious units, each with 5 bedrooms and 3 bathrooms. The property is perfect for investors or owner-user. Both units are currently occupied by a non-profit program. Monthly rents are $3,200 for the front unit & $3,200 for the rear unit. The tenants have occupied the units since 2019 and pay for all utilities and maintain the building. The current owner has not raised the rents since 2019; there is sizable upside potential. There is an attached 1-car garage in the front & 2-car garage in the rear. Conveniently located near markets, shopping, schools, public transportation, freeways, and Downtown L. A.
Presented By: Johnny Cho with Keller Williams Realty Los Feliz;

Interior Features for 907 E 88th Street

Bedrooms

Total Bedrooms10

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixStreet
Total Stories1

General for 907 E 88th Street

Additional Parcels Y/NNo
AppliancesRefrigerator
Attached Garage Yes
Cap Rate4.3
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market8
DirectionsSouth of Manchester, North of Century, East of Avalon, & West of Central
Garage Spaces3.0
Garage Y/NYes
Gross Income76800.0
HOA / Comm AssnNo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet5161.0
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income57400.0
New ConstructionNo
Occupancy DescriptionTenant
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street Name88th
Total Units2
View Y/NNo
Waterfront Y/NNo
Year Built2019
ZoningLAR2

Exterior for 907 E 88th Street

Building Area Total3606.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions40x129
Lot Size Acres0.1185
Lot Size Area5161.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage
SpaNo
Total Parking6.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,350,000
MLS#24379647
List Date 04/12/2024
Property Type Multi-Family
Phone 714.964.3311
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