916 W 88th Street Los Angeles, CA 90044

Multi-Family (2-4 Units) MLS #: SB24211066 Courtesy Of Buckingham Investments, Inc.

$899,000

4 beds | 4 baths | 2,004 sq ft
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Estimated monthly payments: $3,930/mo.* (recalculate)

Property InformationDescription

Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit rental income in the Manchester neighborhood of LA. This cash flowing property features spacious one bedroom units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 12.59 GRM and 5.3 Cap Rate on current rents with an additional 21% upside. Adjacent to the 110 (Harbor) Fwy & close proximity to local schools. .2 miles from the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools.

Features

  • Age: Over 50 Years Old
  • Amenities: Double Pane Windows, Dock, Ceiling Fan
  • Appliances: Microwave, Range, Range - Gas, Refrigerator
  • Architecture Style: Other
  • Cooling System: None
  • Exterior Type: Stucco
  • Floor Covering: Laminate
  • Rooms: Family Room

MAP & DIRECTIONS

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916 W 88th Street, Los Angeles, CA 90044
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School Information

916 W 88th Street, Los Angeles, CA 90044

Elementary School
Grades 1-6 | Public School
MANCHESTER ELEMENTARY SCHOOL
Los Angeles, CA 90044
661 W 87th St
323.­778.3472
Distance: 0.3 mi
School Rating
B-
Student:Teacher Ratio
25:1
Total Students
716
Elementary School
Grades KG | Public School
DANNY J. BAKEWELL SR. PRIMARY CENTER
Los Angeles, CA 90044
8621 Baring Cross St
323.­751.3887
Distance: 0.1 mi
Student:Teacher Ratio
24:1
Total Students
171
Middle School
Grades 6-8 | Public School
BRET HARTE PREPARATORY
Los Angeles, CA 90044
9301 S Hoover St
323.­242.5400
Distance: 0.4 mi
School Rating
D-
Student:Teacher Ratio
21:1
Total Students
392
High School
Grades 9-12 | Public School
ALAIN LEROY LOCKE COLLEGE PREPARATORY ACADEMY
Los Angeles, CA 90061
Distance: 1.9 mi
Other Nearby Schools Distance Type Grades School Rating
Youth Opportunities Unlimited 0.2 mi Public 9-12 D
St Michaels School 0.2 mi Private KG-8
Vox Collegiate Of Los Angeles 0.3 mi Public 6-8 B+
Alliance Piera Barbaglia Shaheen Health Services Academy 0.3 mi Public 9-12 C
Kipp Academy Of Opportunity 0.5 mi Public 5-8 D
Kipp Empower Academy 0.5 mi Public KG-4 B
95th Street Elementary School 0.6 mi Public KG-5 D
Loren Miller Elementary School 0.8 mi Public KG-6 C
Watts Learning Center 0.8 mi Public KG-5 B+
Charles W. Barrett Steam Academy 0.9 mi Public KG-5 D+
Mother Of Sorrows School 0.9 mi Private PK-8
La Salle Avenue School 0.9 mi Public KG-5 D+
Knox Elementary School 0.9 mi Public KG-6 B
Raymond Avenue Elementary 1.1 mi Public KG-5 C
Teach Preparatory Mildred S. Cunningham & Edith H. Morris Elementary School 1.1 mi Public KG-4
Sheenway School And Culture Center 1.1 mi Private 1-7
Alliance College-ready Middle Academy 4 1.1 mi Public 6-8 B
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90044

Median Age: 32
Married: 34%
Number of Households: 25,738
Households with Children: 46.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.