1030 W 88th St Unit 1/4 Los Angeles, CA 90044
Estimated payment $6,749/month
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
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/01/2025 11/01/25 | Price Changed | $1,199,000 | -0.1% | $413 / Sq Ft |
| 07/31/2025 07/31/25 | For Sale | $1,199,900 | -- | $414 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $140,400 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25171903
APN: 6047-009-006
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