ParkingGarage, Shared Driveway, Side By Side, Tandem, Uncovered
Year Built1936
HeatingWall Furnace
CoolingNone
MLS #24391819
Lot Size0.22 Acres
StatusActive
About 1152 W 88th St
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.
Property Details
Property Features
Property Information:
Year Built: 1936
Stories: 2
Living Area: 5,122 SqFt
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 425-9838
Listing Agent: Peter James
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 16
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Garage, Shared Driveway, Side By Side, Tandem, Uncovered
Lot Features
Lot Information:
Lot: Rectangular Lot
Lot Size: 0.22 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
George Washington Preparatory High School, Public Magnet Grades 9-12
Middle College High School, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Bret Harte Preparatory Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Manchester Avenue Elementary School, Public District Grades 1-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: South of Manchester, west of Vermont on the corner of 88th and Budlong
Price Information
Listing Price Info
Price Summary:
List Price: $1,995,000
Price Per SqFt: $390/SqFt
Tax Information:
Annual Amount: $18,229
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $982.5K more than the Median Sold Price and $250/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24391819
Listing Office:
Office Name: Lyon Stahl Investment Real Estate, Inc.
Office Phone: (310) 425-9838
Listing Agent: Peter James
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 10/31/2024, 6:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Apr 30, 2010
Apr 30, 2010Home Sold
$300,000
Dec 01, 2006
Dec 01, 2006Home Sold
$800,000
Nov 29, 2005
Nov 29, 2005Home Sold
$735,000
May 23, 1997
May 23, 1997Home Sold
$280,000
May 23, 1997
May 23, 1997Home Sold
$160,500
Oct 07, 1988
Oct 07, 1988Home Sold
$215,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$18,229
$1,274,553
2020
$17,717
$1,261,485
2019
$17,500
$1,236,750
2018
$8,172
$1,212,500
2017
$8,172
$422,638
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Manchester Avenue Elementary School
661 W 87th St
Distance between this listing and this school0.59 miles
Public District Grades 1-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.20 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school16.83 miles
Public Magnet Grades KG-5
Middle School
2
/10
Bret Harte Preparatory Middle School
9301 S Hoover St
Distance between this listing and this school0.61 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school10.70 miles
Public District Grades 6-8
High School
2
/10
George Washington Preparatory High School
10860 S Denker Ave
Distance between this listing and this school1.49 miles
Public Magnet Grades 9-12
9
/10
Middle College High School
1600 W Imperial Hwy Bldg 1
Distance between this listing and this school1.96 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.31 miles
Public Magnet Grades 9-12
Assigned Schools
6
/10
Manchester Avenue Elementary School
661 W 87th St
Distance between this listing and this school0.59 miles
Public District Grades 1-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.20 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school16.83 miles
Public Magnet Grades KG-5
Assigned Schools
2
/10
Bret Harte Preparatory Middle School
9301 S Hoover St
Distance between this listing and this school0.61 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school10.70 miles
Public District Grades 6-8
Nearby Schools
2
/10
Teach Academy of Technologies
8477 S Normandie Ave
Distance between this listing and this school0.37 miles
Public Charter Grades 5-8
Assigned Schools
2
/10
George Washington Preparatory High School
10860 S Denker Ave
Distance between this listing and this school1.49 miles
Public Magnet Grades 9-12
9
/10
Middle College High School
1600 W Imperial Hwy Bldg 1
Distance between this listing and this school1.96 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school7.31 miles
The neighbors living near this home have an average income of $41,304. The majority of Los Angeles, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1152 W 88th St
What is the listing price of this property?
The listing price of 1152 W 88th St property is $1,995,000.
What type of property is this?
The property 1152 W 88th St is a house located in Los Angeles, California, 90044.
Is this property for sale now?
Active Listing: 1152 W 88th St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1152 W 88th St are: Manchester Avenue Elementary School: GreatSchools Rating 6/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10Bret Harte Preparatory Middle School: GreatSchools Rating 2/10Studio: GreatSchools Rating 4/10George Washington Preparatory High School: GreatSchools Rating 2/10Middle College High School: GreatSchools Rating 9/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $18,229 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on April 30, 2010 for $300,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 1152 W 88th St has 16 bedrooms and 8 bathrooms.
What is the square footage of this property?
The property 1152 W 88th St is 5,122 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1152 W 88th St is 1936.
This home is located at 1152 W 88th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This 5,122 square foot home, which was built in 1936, sits on a 0.22 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,995,000.
In September 2024 more than 532 listings in Los Angeles, CA were sold above the asking price. During the same period more than 180 listings were sold at asking price, while more than 619 were sold below. The inventory of homes for sale in Los Angeles, CA between August 2024 and September 2024 increased by 10.6%. In September 2024 median list price was $1,012,476 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.