About 916 W 88th Street
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!
Features of 916 W 88th Street
| MLS® # | SB24211066 |
|---|---|
| Price | $829,000 |
| Sold Price | $810,000 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Lot Sqft | 5,129 |
| Acres | 0.12 |
| Year Built | 1923 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Closed |
| # Of Units | 4 |
Community Information
| Address | 916 W 88th Street |
|---|---|
| Area | C36 - Metropolitan Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90044 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected |
|---|---|
| Parking | None |
| Garages | None |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate |
|---|---|
| Interior Features | Bedroom on Main Level, Ceiling Fan(s), Quartz Counters, Recessed Lighting |
| Appliances | Gas Range, Microwave, Refrigerator |
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
| Stories | One |
Exterior
| Exterior | Stucco |
|---|---|
| Exterior Features | Awning(s) |
| Lot Description | ZeroToOneUnitAcre |
| Windows | Double Pane Windows |
| Roof | Flat |
| Construction | Stucco |
Additional Information
| Date Listed | October 3rd, 2024 |
|---|---|
| Date Sold | November 19th, 2025 |
| Days on Market | 305 |
| Zoning | LARD3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jeffrey Isenberg |
|---|---|
| Office | Buckingham Investments, Inc |