1030 W 88th St Unit 1/4 Los Angeles, CA 90044
Westmont NeighborhoodEstimated payment $6,961/month
Total Views
1,432
8
Beds
5
Baths
2,900
Sq Ft
$414
Price per Sq Ft
About This Home
FULLY REMODELED 4-PLEX includes a Main house with 4 bedroom 2 bath - Rent $3243 (Sec 8), One 2 bedroom 1 bath - Rent $1970 (Sec 8), and TWO 1 bedroom 1 bath - Rent $1487 and $1492 (both Sec 8). A total rental income of $8,192 per month.
There are 3 covered garages and a total parking spaces for 8-10 cars with potential for ADU's. Buyer is to do their own due diligence and obtain any permits with the city!
With all tenants being section 8, this is a SOLID INVESTMENT PROPERTY waiting to be acquired. So don't miss out and submit your offer TODAY!
Listing Agent
Mazdak Sarehkhani Brokerage Phone: 818-601-8215 License #01811455 Listed on: 07/31/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,234
Year Built
- Built in 1911
Lot Details
- 6,087 Sq Ft Lot
- Two or More Common Walls
Parking
- 3 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2,900 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Listing and Financial Details
- Tax Lot 253
- Assessor Parcel Number 6047009006
- $1,943 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,700
- Trash Expense $300
- Water Sewer Expense $500
- Operating Expense $12,300
- Gross Income $98,304
- Net Operating Income $86,004
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,234 | $838,000 | $585,000 | $253,000 |
| 2024 | $5,234 | $254,047 | $190,544 | $63,503 |
| 2023 | $4,825 | $249,066 | $186,808 | $62,258 |
| 2022 | $4,662 | $244,184 | $183,146 | $61,038 |
| 2021 | $4,620 | $239,397 | $179,555 | $59,842 |
| 2019 | $4,511 | $232,838 | $174,230 | $58,608 |
| 2018 | $4,359 | $228,284 | $170,814 | $57,470 |
| 2016 | $4,149 | $218,902 | $164,182 | $54,720 |
| 2015 | $4,094 | $215,615 | $161,716 | $53,899 |
| 2014 | $4,109 | $211,393 | $158,549 | $52,844 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2025 07/31/25 | For Sale | $1,199,900 | -- | $414 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $838,000 | Stewart Title Company | |
| Grant Deed | $838,000 | Stewart Title Company | |
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | None Listed On Document | |
| Grant Deed | $156,000 | American Title Co | |
| Trustee Deed | $171,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $586,600 | New Conventional | |
| Previous Owner | $569,160 | Balloon | |
| Previous Owner | $495,500 | Fannie Mae Freddie Mac | |
| Previous Owner | $441,750 | Unknown | |
| Previous Owner | $356,000 | Unknown | |
| Previous Owner | $315,000 | Unknown | |
| Previous Owner | $280,500 | Unknown | |
| Previous Owner | $225,600 | Unknown | |
| Previous Owner | $195,000 | Unknown | |
| Previous Owner | $175,000 | Unknown | |
| Previous Owner | $140,400 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25171903
APN: 6047-009-006
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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. Properties may or may not be listed by the office/agent presenting the information
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