907 E 88th Street Los Angeles, CA ^$ 1,350,000

907 E 88th Street

^$ 1,350,000

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Recently Listed

907 E 88th Street

Los Angeles, CA, 90002

^$ 1,350,000

Bedrooms10 Baths6.0 Sq 3,606

Monthly Estimate*

^$ 9,430

Listed by Keller Williams Realty Los Feliz

907 E 88th Street, Los Angeles, CA 90002 - Image 1

907 E 88th Street, Los Angeles, CA 90002 - Image 2

907 E 88th Street, Los Angeles, CA 90002 - Image 3

907 E 88th Street, Los Angeles, CA 90002 - Image 4

907 E 88th Street, Los Angeles, CA 90002 - Image 5

907 E 88th Street, Los Angeles, CA 90002 - Image 6

907 E 88th Street, Los Angeles, CA 90002 - Image 7

907 E 88th Street, Los Angeles, CA 90002 - Image 8

Multi-Family Home for sale in Los Angeles, CA

for $1,350,000 with 10 bedrooms and 6 full baths. This 3,606 square foot home was built in 2019 on a lot size of 0.1185.

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.

Multi-Family Active

Price

^$ 1,350,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1185

Year Built

2019

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24379647

Days on Market

Features

General

Heating Central

Cooling None

Appliances Refrigerator

Zoning LAR2

Garage Spaces 3.0

Year Built 2019

Stories 2

Levels Two

Gross Income 76800.0

County Los Angeles

Net Operating Income 57400.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage Y

Garage Y/N Y

Special Listing Conditions Standard

Status Active

Directions South of Manchester North of Century East of Avalon & West of Central

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 2

MLS Area C37 - Metropolitan South

Lot Size Square Feet 5161.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 88th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Occupancy Description Tenant

Cap Rate 4.3

Exterior

Parking Features DoorMulti Garage

Total Parking 6.0

Lot Size Area 5161.0

Number of Buildings 1

Spa N

Building Area Total 3606.0

Lot Dimensions 40x129

Lot Size Acres 0.1185

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 10

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 907

* Excluded Features

List By

Keller Williams Realty Los Feliz

Broker

(213) 819-1043

Phone

Affordability Calculator

$9,430

Per Month

Monthly Principal & Interest: $9,430
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,031,098

Percent of Sale Price 50%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/12/2024	$1,350,000		Listed Price

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907 E 88th Street, Los Angeles, CA, 90002 is a Multi-Family Home for sale at $1,350,000 with 3,606 sqft and a lot size of 0.1185. 907 E 88th Street has 10 bedrooms, 6.0 baths, and was built in 2019. The property's zip code is 90002 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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907 E 88th Street

Multi-Family Home for sale in Los Angeles, CA

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