Investment Opportunity at 1152 W 88th St

Located in a rapidly expanding submarket of Los Angeles County, this property offers a lucrative chance for investors. With strong financial metrics indicating cash flow potential and long-term viability, 1152 W 88th St is a compelling opportunity.

Property Highlights

• Year Built: 1936
• Total Units: 10
• Price per Unit: $220,000
• Price per SqFt: $341.72
• Current GRM: 9.24
• Cap Rate: 7.48%

This multifamily building features a desirable configuration of (10) 2-Bed/1-Bath units, thoughtfully designed to maximize space and comfort, making them ideal for families and young professionals. The unit mix streamlines management while catering to varying tenant needs.

Location Advantages

The vibrant neighborhood surrounding 1152 W 88th St boasts local amenities, new developments, parks, schools, and easy access to public transportation. This contributes to a desirable lifestyle, ensuring high occupancy rates and low turnover.

Investment Potential

This property is currently stabilized with strong rental income and established tenants, representing immediate cash flow with significant growth opportunities. With a projected 35% rental upside, investors can explore renovations or enhancements in response to market demand.

For more information, please reach out to Taylor Avakian at The Group CRE.