501 West 88th Street 501 West 88th Street Los Angeles, California 90044 United States
$750,000
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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...
- 283 m²
- Exterior
- Residential Income
- Property type
- 1965
- Year Built
- SB25010518
- Web Id
- SB25010518
- MLS ID
- 93
- days ago
This Property is Currently Contract Pending
About 501 West 88th Street
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.
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
features
- Additional Listing Type
- In Contract
PROPERTY INFORMATION
- Community Info
- Biking
- Garage Info
- 0
- Sewer
- PublicSewer
- Water
- Public
EXTERIOR
- Lot Description
- TwoToFiveUnitsAcre
ADDITIONAL INFORMATION
- Number of Units
- 4
Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Email/Phone : 3107801899
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