231 W 88th St Los Angeles, CA 90003
Broadway-Manchester NeighborhoodEstimated payment $3,075/month
Total Views
41,583
4
Beds
3
Baths
1,907
Sq Ft
$288
Price per Sq Ft
Highlights
- Dual Staircase
- Main Floor Bedroom
- No HOA
- Traditional Architecture
- Lawn
- 2 Car Attached Garage
About This Home
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.
Listing Agent
Venus Martinez
Redfin Corporation Brokerage Phone: 562-201-3772 License #01206834 Listed on: 05/12/2025
Co-Listing Agent
Robert Sterling
Redfin Corporation Brokerage Phone: 562-201-3772 License #01305201
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $938
Year Built
- Built in 1912
Lot Details
- 5,351 Sq Ft Lot
- No Common Walls
- Chain Link Fence
- Fence is in fair condition
- Lawn
Parking
- 2 Car Attached Garage
- Parking Available
- Front Facing Garage
Home Design
- Triplex
- Traditional Architecture
- Asphalt Roof
Interior Spaces
- 1,907 Sq Ft Home
- 2-Story Property
- Dual Staircase
- Living Room
Kitchen
- Laminate Countertops
- Formica Countertops
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Additional Features
- Exterior Lighting
- Urban Location
- Wall Furnace
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 346
- Assessor Parcel Number 6040020007
- $402 per year additional tax assessments
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 | $938 | $45,280 | $13,933 | $31,347 |
| 2024 | $938 | $44,393 | $13,660 | $30,733 |
| 2023 | $927 | $43,524 | $13,393 | $30,131 |
| 2022 | $896 | $42,672 | $13,131 | $29,541 |
| 2021 | $876 | $41,836 | $12,874 | $28,962 |
| 2020 | $878 | $41,668 | $12,742 | $28,926 |
| 2019 | $858 | $40,857 | $12,493 | $28,364 |
| 2018 | $769 | $40,062 | $12,249 | $27,813 |
| 2016 | $717 | $38,258 | $11,774 | $26,484 |
| 2015 | $710 | $37,685 | $11,598 | $26,087 |
| 2014 | $734 | $36,947 | $11,371 | $25,576 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $550,000 | -8.2% | $288 / Sq Ft |
| 05/12/2025 05/12/25 | For Sale | $599,000 | -- | $314 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25093047
APN: 6040-020-007
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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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