#SR25071382, Jorge Vivar, Listing Office: Park Regency Realty

916 W 88th St Los Angeles, CA 90044
Property details
About 916 W 88th St
Updated and well maintained 3-unit property with newly built ADU offering strong 4-unit 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 12.33 GRM and 5.4 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!
Highlights
Summary
- MLS Number: SB24211066
- MLS Name: CRMLS
- Office Name: Buckingham Investments, Inc
- Office Phone: (818) 795-4477
- Listing Agent: Jeffrey Isenberg
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: 4/12/2025, 12:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$899,000
916 W 88th St
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 05, 1989 | Home Sold | $50,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $636,724 | $8,025 |
2023 | $624,240 | $7,877 |
2022 | $612,000 | $7,522 |
2021 | $208,005 | $2,737 |
2020 | $205,873 | $2,660 |
2019 | $201,837 | $2,551 |
2018 | $197,881 | $2,500 |
2017 | $194,002 | $2,500 |
History based on county public records data.
Nearby schools
6
Manchester Elementary School
Public District 1-6
0.3 mi
•661 W 87th St
6
Kipp Empower Academy
Public Charter KG-4
0.5 mi
•8466 S Figueroa St
3
95th Street Elementary School
Public District KG-5
0.6 mi
•1109 W 96th 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 $37,566. The majority of Los Angeles, CA residents have income less than $<35k annually. Most families are single, no kids. Most residents in this area have high school diploma education.
Similar homes for sale
This home is located at 916 W 88th St in Los Angeles, CA and zip code 90044 in the Vermont Vista neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since October 12, 2024 and is currently priced at $899,000.
Los Angeles, CA housing market in March 2025 saw over 302 listings sold above listed price, more than 116 sold at listed price and over 322 sold below. The number of listings in Los Angeles, CA increased by 13.7% between February and March 2025. In March 2025 median list price was $940,937 and the average listing age was 39 days.