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$ 3,600,000
Est. payment /mo
New
127-133 E 88th Los Angeles, CA 90003
4 Beds
4 Baths
10,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC26174561
Bedrooms 4
Lot Size 10,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Built in 2024, 127-133 E. 88th Street is a turnkey 10-unit multifamily asset in South Los Angeles featuring eight four-bedroom residences and two JR ADUs. Unlike a typical value-add acquisition, this turnkey asset offers modern finishes, efficient new construction, and minimal near-term capital improvement requirements. The property consists of four residential buildings with eight spacious four-bedroom residences and two JR ADUs, providing a diverse mix of income streams within a single asset. Large, family-oriented floor plans, private entrances, multiple bathrooms, and extensive on-site parking create a highly rentable configuration designed to support durable tenant demand. Covered carports, landscaped areas, and dedicated utility and storage space further enhance the propertys functionality and tenant appeal. Located approximately eight miles south of Downtown Los Angeles, with convenient access to the I-110 and I-105 freeways, the property is well positioned near major employment centers, schools, shopping, and neighborhood services. With 10 income-producing units, low-maintenance construction, and strong long-term rental potential, this E. 88th Street property offers investors an attractive combination of immediate cash flow and long-term appreciation.
Location
State CA
County Los Angeles
Zoning Other
Direction South of Manchester Ave and East of Main St
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 6041003034
Acceptable Financing Cash, Conventional, Exchange, Land Contract
Listing Terms Cash, Conventional, Exchange, Land Contract
Special Listing Condition REO
Listed by Kevin Kim, DRE#01909123 Circa Properties, Inc.