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1050 88th Street, Los Angeles, CA 90044
Priced at Only: $1,888,000
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Address: 1050 88th Street, Los Angeles, CA 90044
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  • MLS#: CV25176084 ( Multi Family )
  • Street Address: 1050 88th Street
  • Viewed: 1
  • Price: $1,888,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 249
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90044
  • Provided by: DREAM LIFE REALTY
  • Contact: Alejandrina Alejandrina
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Investment Opportunity!!! In the heart of Los Angeles. Close to public transportation & easy freeway access. Property features, 6 units, 2 bedrooms, 1 bathroom & 2 units, 1 bedroom, 1 bathroom. There are also plans submitted for two ADU (2 bedrooms, 1 Bathroom each), which will be delivered ready to issue. With all units currently leased, investors will benefit from immediate cash flow and strong long term upside. The units have separate meter for gas & electricity.
Features
Assetclass
  1. Multi-Family
Building Area Total
  1. 6480.00
Carport Spaces
  1. 2.00
Commoninterest
  1. Community Apartment
Construction Materials
  1. Stucco
  2. Drywall Walls
Country
  1. US
Current Financing
  1. None
Current Use
  1. Multi-Family
Fencing
  1. Cross Fenced
  2. Average Condition
Insurance Expense
  1. 6500.00
Land Use
  1. Multi-Family
Laundry Features
  1. Common Area
Netoperatingincome
  1. 142768.00
Otherexpense
  1. 2500.00
Parcel Number
  1. 6047009011
Professionalmanagementexpense
  1. 2000.00
Property Type
  1. Multi Family
Roof
  1. Shingle
Security Features
  1. Window Bars
  2. Carbon Monoxide Detector(s)
  3. Smoke Detector(s)
Totalexpenses
  1. 46820.00
Utilities
  1. Sewer Connected
Water Sewer Expense
  1. 9620.00
Water Source
  1. Public
Year Built
  1. 1959
Year Built Source
  1. Assessor
Zoning
  1. LCR320U
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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