127 88th Street, Los Angeles, CA 90003
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- MLS#: SB24166496 ( Commercial/Residential )
- Street Address: 127 88th Street
- Viewed: 3
- Price: $3,900,000
- Price sqft: $0
- Waterfront: No
- Year Built: 2024
- Bldg sqft: 0
- Days On Market: 139
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90003
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Marcus Marcus
- DMCA Notice
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DescriptionThis Property is an 11,000 SF building on a 10,409 SF lot comprised of eight (8) four bedroom/two bathroom units and two (2) studios. The studios are currently unpermitted. There are sixteen (16) parking spots. The property has just finished construction and the Certificate of Occupancy is being issued in less than 30 days. 127 E 88th Street offers a unique opportunity for an investor to acquire a premium new construction asset exempt from LA City Rent Control in a strong rental submarket of Los Angeles.
Property Location and Similar Properties
Features
Building Area Total
- 11000.00
Commoninterest
- None
Common Walls
- 1 Common Wall
Country
- US
Days On Market
- 101
Electric Expense
- 3000.00
Fuel Expense
- 3000.00
Garage Spaces
- 16.00
Insurance Expense
- 9350.00
Laundry Features
- Dryer Included
- Washer Included
Lockboxtype
- None
Lot Features
- 0-1 Unit/Acre
- Lot 10000-19999 Sqft
Netoperatingincome
- 336529.00
Parcel Number
- 6041003034
Pool Features
- None
Postalcodeplus4
- 3408
Professionalmanagementexpense
- 22000.00
Property Type
- Commercial/Residential
Sewer
- Public Sewer
Sourcesystemid
- CRM
Sourcesystemkey
- 420897805:CRM
Totalexpenses
- 108817.00
Trash Expense
- 0.00
Water Sewer Expense
- 3000.00
Year Built
- 2024
Year Built Source
- Assessor