$7,125 Closing Credit¹
#SB25094014, John Stiegler II, Listing Office: Lyon Stahl Investment Real Estate, Inc.
#SB25093047·
Listing office: Redfin Corporation·
Listing agent: Venus Martinez·
Listing office phone: 562-201-3772
$599,000 List price
231 W 88th St Los Angeles, CA 90003
$7,113
Closing credit¹
4 beds
3 full
1,907 sqft
0.1 acres
$314 / sqft
Multi-Family
Property details
About 231 W 88th St
Investor Opportunity – 3 Units in Prime Los Angeles Location Rare chance to own a fully tenant-occupied triplex in the heart of Los Angeles, perfect for the seasoned or beginner investor seeking steady rental income from day one. This unique property features a charming front 2-bedroom house and two additional 1-bedroom units, each located on the second level of their respective structures, offering privacy and elevated living. Situated within walking distance to public transportation, shopping, and local amenities, this location offers strong tenant demand and long-term rental appeal. The property will be delivered as-is and with tenants in place, presenting a turnkey investment opportunity with no vacancy downtime. Don't miss this solid income-generating property in one of L.A.’s high-demand rental markets.
Highlights
Home typeTriplex
HeatingWall Furnace
StatusActive
Size1,907 sqft
Lot size0.1228 Acres
Year built1912
ParkingConcrete, Garage Faces Front, Garage
MLS #SB25093047
Attached garage2 spaces
Virtual tour
Summary
- Full Bathrooms: 3
- Flooring Type: Carpet, Vinyl
- Interior: Laminate Counters, Multiple Staircases, Unfurnished, All Bedrooms Down, Bedroom on Main Level
- Fireplace: None
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Private Pool: No
- Parking: Concrete, Garage Faces Front, Garage
- Architectural Style: Traditional
- Heating: Wall Furnace
- Cooling: None
- List Price: $599,000
- Price/SqFt: $314
- Annual Tax Amount: $938
- Tax Year: 2024
- Lot: Lawn
- Directions: South on Broadway Left on 88th
- Year Built: 1912
- Stories: 2
- Living Area: 1,907 SqFt
- Lot Size: 0.1228 Acres
- MLS Number: SB25093047
- MLS Name: CRMLS
- Office Name: Redfin Corporation
- Office Phone: (562) 201-3772
- Listing Agent: Venus Martinez
Based on information from California Regional Multiple Listing Service, Inc. 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 6:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$599,000
231 W 88th St
$7,113
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $44,653 | $938 |
| 2023 | $43,784 | $927 |
| 2022 | $42,932 | $896 |
| 2021 | $42,096 | $876 |
| 2020 | $41,408 | $857 |
| 2019 | $40,597 | $769 |
| 2018 | $39,802 | $755 |
| 2017 | $39,022 | $755 |
History based on county public records data.
Nearby schools
6
Knox Elementary School
Public District KG-6
0.2 mi
•8920 Tupachi Pl
6
Kipp Empower Academy
Public Charter KG-4
0.4 mi
•8466 S Figueroa St
6
Manchester Elementary School
Public District 1-6
0.5 mi
•661 W 87th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,855. Residents of Los Angeles, CA typically earn less than $<35k each year. The majority of families are single, with kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
57%
<35k
37%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
28%
Single, No Kids
33%
Single, with Kids
11%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
33%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 231 W 88th St in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 1,907 square foot home, which was built in 1912, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $599,000.
In April 2025 more than 395 listings in Los Angeles, CA were sold above the asking price. During the same period more than 148 listings were sold at asking price, while more than 328 were sold below. The inventory of homes for sale in Los Angeles, CA between March and April 2025 increased by 10.2%. Listings spent 36 days on the market in April 2025, and had a median list price of $896,516 during the same period.
From Rocket Homes Real Estate and based on county public records data.