1152 W 88th Street, Los Angeles, CA 90044

• 6,436 sqft

Property Description

We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at an 8.65% CAP and 7.99 GRM on current rents, with significant upside potential to achieve an 9.63% CAP and 7.14 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 2 units delivered VACANT at closing, presenting an immediate opportunity for renovation and rent increases. Contact the listing broker for additional information.

Listing Status:

Active

Date Added:

October 22, 2025 at 05:00AM

Listing Office:

Kidder Mathews of California, Inc. : 858-369-3010

Listing Agent:

Casey Lins : 714-333-6768

MLS ID:

CL25609415

Interior

• A/C: None
• Heating: Wall Furnace

Exterior

• Parking: Other

Location

• County: Los Angeles

Lot

• Zoning: LCR36047009022

This listing courtesy of Casey Lins, Kidder Mathews of California, Inc.