Listing provided courtesy of Jeffrey Isenberg of Buckingham Investments, Inc. Last updated 2025-08-03 08:11:17.000000. Listing information © 2025 Sandicor.
Asking Price: $829,000 |
916 88th, Los Angeles CA 90044
Community: C36 - Metropolitan Southwest
This Triplex property was built in 1923 and is priced at $829,000. Please see the additional details below.
Updated and well maintained 4-unit property including recently built ADU offering strong rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 11.3 GRM and 6.0 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!