$1,950,000
$150K PRICE DROP

1152 W 88th St Los Angeles, CA 90044

Estimated payment $12,177/month

Total Views 10,492
20 Beds
10 Baths
6,436 Sq Ft
$303 Price per Sq Ft

About This Home

We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.81% CAP and 7.22 GRM on current rents, with significant upside potential to achieve an 11.15% CAP and 6.54 GRM upon stabilization. Nestled just south of Manchester Ave and west of Vermont Ave, this property offers excellent connectivity with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, and Crenshaw. The property is comprised of two buildings a two-story front structure and a single-story rear building offering a total of 6,438 rentable square feet. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. The unit mix features 100% two-bedroom units, with 3 units delivered VACANT at closing, presenting an immediate opportunity for renovation and rent increases. Contact the listing broker for additional information.

Listing Agent

Casey Lins

Kidder Mathews of California, Inc. License #01902650 Listed on: 10/22/2025

Co-Listing Agent

Vincent Cook

Kidder Mathews of California, Inc License #02012324

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1936

Lot Details

  • 9,659 Sq Ft Lot
  • Lot Dimensions are 63x152
  • Corner Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,436 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 20 Bedrooms
  • 10 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 6047-009-022

Community Details

Overview

  • 2 Buildings
  • 10 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Floor: 1
  • Living Area: 6436
  • Lot Acreage: 0.2217
  • Lot Dimensions: 63x152
  • Probate: No
  • Stories: 2
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 20
  • Common Walls: Attached
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 302.98

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 29.90
  • Assessed Improvement Value: 404374
  • Assessed Land Percent: 70.1
  • Assessed Land Value: 948189
  • Total Assessed Value: 1352563
  • Assessor Parcel Number: 6047-009-022
  • Lot Description: Single Lot
  • Lot Location: Corner Lot
  • Lot Size Area: 9659

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 7.22
  • Number Of Units: 10
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 3.00

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2025 11/13/25 Price Changed $1,950,000 -7.1% $303 / Sq Ft
10/22/2025 10/22/25 For Sale $2,100,000 +72.8% $326 / Sq Ft
10/06/2017 10/06/17 Sold $1,215,500 -4.7% $237 / Sq Ft View Prior Sale
09/27/2017 09/27/17 Price Changed $1,275,000 +5.2% $249 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $1,212,500 -- $237 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 25609415

The MLS

APN: 6047-009-022

California Los Angeles County Los Angeles 90044

1152 W 88th St, Los Angeles, CA

For Sale

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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Casey Lins
Listing Agent
Casey Lins
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Kidder Mathews of California, Inc.
(714) 333-6768