Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    127 88th Street, Los Angeles, CA 90003
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    127 88th Street
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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
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      This 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.
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    Features
    Building Area Total
    1. 11000.00
    Commoninterest
    1. None
    Common Walls
    1. 1 Common Wall
    Country
    1. US
    Days On Market
    1. 101
    Electric Expense
    1. 3000.00
    Fuel Expense
    1. 3000.00
    Garage Spaces
    1. 16.00
    Insurance Expense
    1. 9350.00
    Laundry Features
    1. Dryer Included
    2. Washer Included
    Lockboxtype
    1. None
    Lot Features
    1. 0-1 Unit/Acre
    2. Lot 10000-19999 Sqft
    Netoperatingincome
    1. 336529.00
    Parcel Number
    1. 6041003034
    Pool Features
    1. None
    Postalcodeplus4
    1. 3408
    Professionalmanagementexpense
    1. 22000.00
    Property Type
    1. Commercial/Residential
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 420897805:CRM
    Totalexpenses
    1. 108817.00
    Trash Expense
    1. 0.00
    Water Sewer Expense
    1. 3000.00
    Year Built
    1. 2024
    Year Built Source
    1. Assessor
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836