1631 E 88th Street Los Angeles, CA ^$ 1,150,000

1631 E 88th Street

^$ 1,150,000

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Recently Listed

1631 E 88th Street

Los Angeles, CA, 90002

^$ 1,150,000

Bedrooms6 Baths3.0 Sq 2,023

Monthly Estimate*

^$ 7,643

Listed by Ambiance Realty

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Multi-Family Home for sale in Los Angeles, CA

for $1,150,000 with 6 bedrooms and 3 full baths. This 2,023 square foot home was built in 1958 on a lot size of 0.1284.

Introducing an excellent investment opportunity for real estate investors! This property, located at 1631 E 88th St ,1629 E 88th St, and 1629 1/2 E 88th St in Los Angeles, CA 90002, is currently generating an impressive monthly income of $8,650. Comprising a total of 6 bedrooms and 4 bathrooms, this property offers ample space for tenants. two of the unit's have their own electrical and water meters, providing convenience and flexibility for both the landlord and tenants. Situated in a desirable location, this property presents a fantastic opportunity to expand your real estate portfolio. With its strong rental income potential, this investment promises a steady cash flow and a solid return on investment. Don't miss out on this lucrative deal!

Multi-Family Active

Price

^$ 1,150,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1284

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24392091

Days on Market

Features

General

Heating Electric FloorFurnace

Appliances Dishwasher

Zoning LCR2YY

Year Built 1958

Stories 1

Levels One

Gross Income 8850.0

County Los Angeles

Net Operating Income 8450.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions follow google maps.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 0

MLS Area C37 - Metropolitan South

Lot Size Square Feet 5591.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 88th

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Exterior

Parking Features Driveway ElectricGate

Total Parking 0.0

Lot Size Area 5591.0

Number of Buildings 3

Spa N

Building Area Total 2023.0

Lot Size Acres 0.1284

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 0

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Total Bedrooms 6

Electric On Property Y/N N

Total Baths 3

Internal Only

Street Number 1 1631

* Excluded Features

List By

Ambiance Realty

Broker

(310) 913-6106

Phone

Affordability Calculator

$7,643

Per Month

Monthly Principal & Interest: $7,643
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,977,410

Percent of Sale Price 72%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/15/2024	$1,150,000		Listed Price

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1631 E 88th Street, Los Angeles, CA, 90002 is a Multi-Family Home for sale at $1,150,000 with 2,023 sqft and a lot size of 0.1284. 1631 E 88th Street has 6 bedrooms, 3.0 baths, and was built in 1958. The property's zip code is 90002 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/29/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1631 E 88th Street

Multi-Family Home for sale in Los Angeles, CA

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