Address
1209 W 88th Street Los Angeles, CA
Price
$ 775,000
Property Attributes
  • MLS#OC21016943
  • TypePending
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMetropolitan Southwest
  • Zip90044
  • Style
  • Price$ 775,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size6,084 SqFt
Listing Provided Courtesy Of:
Jessica Nieto with eXp Realty of California Inc.
Data Source:
CRMLS
Property Description

Amazing Opportunity to purchase Four Units in Unincorporated Los Angeles on a Large lot with LCR320U*  Zoning, offering development and value add opportunities!  Add this cash flowing asset to your portfolio or move in one unit and continue to lease the others.  Three units are leased and performing, current total gross income for the 3 leased units is $45,168/annually or $3,764/month Plus one additional vacant unit that is rent ready!  The unit mix consists of three 1bed/1 bath units and one 3bed/2 full bath unit.  Each unit is separately metered, there are a total of 5 electrical meters and 5 gas meters (The building used to be a 5 unit with 5 singles).  All units have been updated in the past 6 years including kitchen/bath remodels.  No laundry, off-street parking available for each unit accessible from the alley.   Just minutes from LAX, SoFi Stadium, SpaceX, and the 105/110 freeways.  Get ready for great appreciation in this area with the Rams Stadium and 2028 Olympics!! New Vermont Corridor and Metro line expansion to the Westside.  Close to USC, Schools, shopping, less than 3 miles from Hollywood Park and minutes to Downtown Los Angeles.  Don't miss this opportunity, inquire today about making an offer!  Please do not disturb the tenants.

Price History
1/26/2021 Listed $775,000

General Features

Community Features Sidewalks
Cooling None
Flooring Carpet, Laminate, Tile
Heating Wall Furnace
Levels One
Listing Agent Jessica Nieto - BRE#01923684
Listing Agent State License 01923684
MLS Area C36 - Metropolitan Southwest
Open Parking Spaces 4
Parking Features Off Street, Paved
Pool Features None
Property Type Residential Income
Security Features Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer Public Sewer
Special Listing Conditions Standard
Status Pending
Stories 1
Terms Cash, Conventional, FHA, Fannie Mae, VA Loan
Total Units 4
Water Sewer Expense 2760
Zoning LCR320U*

Interior Features

Common Walls No Common Walls
Fireplace Features None
Heating Y/N Yes
Laundry Features None

Exterior Features

Lot Features Level, Value In Land
Lot Size Acres 0.14
Lot Size Area 6084
Lot Size Source Assessor
Lot Size Square Feet 6084
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Total Parking 4
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 90044

Price
AVG $600K
$780K
Visits
AVG 40
50
Year Built
AVG 1939
1950
Walkscore
AVG 63
70
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover