501 W 88Th Street, Los Angeles, CA 90044
-
Listed Price :
$750,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1965
Property Description
501 W 88th St is a 4-unit property located in South Los Angeles. Situated on a large 3,232 SF lot, this property offers a total of 2,208 SF of living space, featuring a mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. It boasts strong income potential with a 5.04% current CAP rate and incredible upside, offering a 48% rental upside, a 9.45% market CAP rate, and an 7.10 market GRM. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property is positioned in a desirable South LA location with strong rental demand.
Interior Features
| Laundry Information |
| Location(s) |
None |
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| Address |
501 W 88Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90044 |
| County |
Los Angeles |
| Listing Agent |
Brett Lyon DRE #01717818 |
| Co-Listing Agent |
Woody Stahl DRE #01399621 |
| Courtesy Of |
Lyon Stahl Investment Real Estate, Inc. |
| List Price |
$750,000 |
| Status |
Active |
| Type |
Residential Income |
| Subtype |
Mixed Use |
| Structure Size |
N/A |
| Lot Size |
3,232 |
| Year Built |
1965 |
Listing information courtesy of: Brett Lyon, Woody Stahl, Lyon Stahl Investment Real Estate, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 11th, 2025 at 6:16 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
