Updated and well maintained 4-unit property including recently built ADU offering strong rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 11.3 GRM and 6.0 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!
Listed by Jeffrey Isenberg
·
License #02059354
·
Buckingham Investments, Inc
·
818-795-4477
Last updated July 16, 2025
·
Source: bridgeMLS #CRSB24211066
Listing Facts
TypeMulti-family
NeighborhoodVermont Vista
Bedrooms4
Days on Prevu332
Size2,004 sqft
Price per sqft$414
Location
Mortgage Calculator
Listing History
07/11/2025
Price Decreased
$829,000
05/01/2025
Price Decreased
$869,000
03/11/2025
Price Decreased
$899,000
10/11/2024
Listed by Buckingham Investments, Inc
$919,000
Property Details for 916 W 88th Street
Exterior
Construction
Number Of Units Total: 4
Year Built: 1923
Construction Materials: Stucco
Exterior Features: Other
Features
Fencing: Chain Link
Measurements
Building Area Total: 2,004
Lot Size Acres: 0.12
Lot Size Area: 0
Lot Size Square Feet: 5,129
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 6038021001
Interior
Features
Flooring: Laminate
Measurements
Living Area: 2,004
Living Area Units: Square Feet
Rooms
Bedrooms Total: 4
Utilities
Equipment
Cooling: No Air Conditioning
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: No Hookups
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.