204 East 88th Street
Los Angeles, CA, 90003 $ 1,449,000
Baths0.0 Sq 2,410 Monthly Estimate*
$ 8,922
Studio for $1,449,000. This 2,410 square foot home was built in 1926 on a lot size of 0.09.
Brand-new four-unit property featuring two separate structures, offering an excellent opportunity for investors or owner-users. The front Duplex includes a 652 sq ft 2-bedroom / 1-bath unit and a 762 sq ft 3-bedroom / 1-bath unit. The rear structure consists of two ADU units, each 498 sq ft, with one unit on each level.The property is fully vacant, providing flexibility for an investor to lease all units or for an owner-occupant to live in one unit while generating strong rental income from the others. With its layout and upgrades, the property offers excellent income potential and the possibility of a high cap rate.Both buildings are completely upgraded with new roofs, high-efficiency mini-split AC units in all rooms, new high-efficiency windows, fully insulated attics and walls, luxury vinyl plank flooring, and abundant natural sunlight throughout with bright, well-designed layouts.The kitchens feature new soft-close cabinets and drawers, quartz countertops, tile backsplashes, new kitchen sinks with garbage disposals, and provisions for stackable washer and dryer.Bathrooms are upgraded with new tile, water-efficient toilets and faucets, LED mirrors, and new vanities with sinks.The Duplex units include high-efficiency gas tankless water heaters, while the ADU units are fully electric with high-efficiency electrical storage water heaters.New appliances will be provided at closing, including microwave, dishwasher, cooktop, and refrigerator.The ADU units include solar panels (to be delivered), allowing the future owner to charge tenants for solar usage rather than standard electricity, creating an opportunity to increase monthly income and improve overall property cash flow.Conveniently located just off S. Broadway near 88th Street, the property offers easy access to shopping, dining, public transit, and major freeways, making it attractive for tenants seeking connectivity and everyday convenience.A rare opportunity to own a brand-new, fully upgraded four-unit property with strong income potential in Los Angeles.
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FeaturesGeneralLiving Area 2410.0
Heating Central
Cooling Central Air
Zoning LARD2
Year Built 1926
Levels Two
County Los Angeles
Net Operating Income 100716.0
New Construction No
Property Type C
HOA No
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 4101.0
Standard Status Active
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InteriorKitchen Appliances Dishwasher Refrigerator Microwave
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Total Baths 0
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ExteriorParking Features Driveway
Lot Size Area 4101.0
Pool Y/N? Yes
Building Area Total 2410.0
Lot Size Acres 0.09
Land Lease Type Fee
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* Excluded FeaturesList ByDezireh HaghayeghiListing Agent
Keller Williams Beverly HillsBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,922
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,837,781
Percent of Sale Price 27%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/10/2026 | $1,449,000 | | Listed Price |