1152 88th

Los Angeles, CA, 90044
For Sale $1,950,000
  • 20beds
  • 6,436sqft
  • 0.22acre
We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.81% CAP and 7.22 GRM on current rents, with significant upside potential to achieve an 11.15% CAP and 6.54 GRM upon stabilization. Nestled just south of Manchester Ave and west of Vermont Ave, this property offers excellent connectivity with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, and Crenshaw. The property is comprised of two buildings a two-story front structure and a single-story rear building offering a total of 6,438 rentable square feet. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. The unit mix features 100% two-bedroom units, with 3 units delivered VACANT at closing, presenting an immediate opportunity for renovation and rent increases. Contact the listing broker for additional information.

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Interested in this property or one like it? Reach out today to talk with advertising agent Shen Schulz.

Listed by:
Casey Lins with Kidder Mathews of California, Inc.
(858) 369-3010
Vincent Cook with Kidder Mathews of California, Inc
(949) 557-5097
1152 88th is a Residential Income property located in Los Angeles, California, featuring a 0.222 acre lot, 6,436 sqft, 20 bedrooms, MLS #25609415.

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Data last modified: 2025-11-13 17:02:21