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Part of an 8 Building Portfolio! Can be sold individually or as a portfolio. 1152 W 88th St is a mostly stabilized 10 unit apartment building located in unincorporated Los Angeles County. Offering a compelling 8.52 GRM and 8.18% Cap Rate, 1152 W 88th St stands as a prime opportunity for investors seeking healthy cash flow in an expanding submarket of Los Angeles County. With an excellent unit mix of (9) 2-Bed/1-Bath Units and (1) 1-Bed/1-Bath, this 8.18% Cap is still only $199,500k/Unit for such a strong unit mix. In the heart of this vibrant submarket, a fusion of established local gems and burgeoning new constructions awaits, offering potential tenants an enticing blend of neighborhood charm and modern amenities.
Last Updated | 8/13/2024 | Year Built | 1936 |
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Community | Metropolitan Southwest | County | Los Angeles |
Price History
Prior to Aug 13, '24 | $2,200,000 |
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Aug 13, '24 - Today | $1,995,000 |
Additional Details
AIR | None |
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AREA | Metropolitan Southwest |
GARAGE | Garage, Shared Driveway, Side by Side, Tandem, Uncovered, Yes |
HEAT | Wall Furnace |
LOT | 9659 sq ft |
LOT DESCRIPTION | Rectangular Lot |
LOT DIMENSIONS | 63x152 |
PARKING | Garage,Shared Driveway,Side By Side,Tandem,Uncovered |
POOL DESCRIPTION | None |
SEWER | Other |
STORIES | 2 |
ZONING | LCR320U* |
Location
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