127 133 E 88th Los Angeles, CA $ 3,600,000
127 133 E 88th
$ 3,600,000
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127 133 E 88th

Los Angeles, CA, 90003
$ 3,600,000
Baths1.1 Sq 10,000

Monthly Estimate*

$ 22,731

Listed by Circa Properties, Inc.
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,600,000 with 1 full bath, 1 half bath. This 10,000 square foot home was built in 2024 on a lot size of 0.2296.

Built in 2024, 127-133 E. 88th Street is a turnkey 10-unit multifamily asset in South Los Angeles featuring eight four-bedroom residences and two JR ADUs. Unlike a typical value-add acquisition, this turnkey asset offers modern finishes, efficient new construction, and minimal near-term capital improvement requirements. The property consists of four residential buildings with eight spacious four-bedroom residences and two JR ADUs, providing a diverse mix of income streams within a single asset. Large, family-oriented floor plans, private entrances, multiple bathrooms, and extensive on-site parking create a highly rentable configuration designed to support durable tenant demand. Covered carports, landscaped areas, and dedicated utility and storage space further enhance the property’s functionality and tenant appeal. Located approximately eight miles south of Downtown Los Angeles, with convenient access to the I-110 and I-105 freeways, the property is well positioned near major employment centers, schools, shopping, and neighborhood services. With 10 income-producing units, low-maintenance construction, and strong long-term rental potential, this E. 88th Street property offers investors an attractive combination of immediate cash flow and long-term appreciation.

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Multi-Family Active

Price

$ 3,600,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2296

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

OC26174561

Days on Market

4

Features
General
Sewer Public Sewer
Utilities Water Connected
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 2024
Tenant Pays Cable TV Electricity Gas Sewer Water
Levels Three Or More
Property Subtype Apartment
Gross Income 346200
Community Features Street Lights Urban
Additional Parcels Description 6041003035
County Los Angeles
Net Operating Income 243728
Operating Expense 102472
Insurance Expense 12800
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Green Energy Generation Solar
Special Listing Conditions Real Estate Owned
Status Active
Directions South of Manchester Ave and East of Main St
City Los Angeles
Entry Location various
Senior Community Y/N false
Open Parking Spaces 2
Number Of Units Total 10
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 10000
Carport Spaces 14
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional Contract 1031 Exchange Submit
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 5400
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Other
Tax Lot 92
Property Sub Type Additional Apartment
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Interior
Fireplace Features None
Total Stories 3
Common Walls 2+ Common Walls
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 16
Lot Size Area 10000
Number of Buildings 4
Building Area Total 10000
Lot Size Acres 0.2296
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 10
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded Features
List By
Circa Properties, Inc.

Broker

kevin@teamcirca.com

Email

Affordability Calculator

$22,731
Per Month
100%
0%
0%
Monthly Principal & Interest
$22,731
Monthly Property Taxes
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$3,600,000 Listed Price

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127 133 E 88th, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $3,600,000 with 10,000 sqft and a lot size of 0.2296. 127 133 E 88th is a studio with 1.1 baths and was built in 2024. The property's zip code is 90003 which is in Los Angeles, CA