127-133 E 88th, Los Angeles, CA 90003

$3,600,000
4
BD
4
BA

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List Price
$3,600,000
Status
ACTIVE
Days on Market
0
MLS#
OC26174561
Subtype
Residential Income
Foreclosure
Yes
Bedrooms
4
Bathrooms
4
Lot Size
10,000
Acres
0.23

Property Description

Built in 2024, 127-133 E. 88th Street is a turnkey 10-unit multifamily asset in South Los Angeles featuring eight four-bedroom residences and two JR ADUs. Unlike a typical value-add acquisition, this turnkey asset offers modern finishes, efficient new construction, and minimal near-term capital improvement requirements. The property consists of four residential buildings with eight spacious four-bedroom residences and two JR ADUs, providing a diverse mix of income streams within a single asset. Large, family-oriented floor plans, private entrances, multiple bathrooms, and extensive on-site parking create a highly rentable configuration designed to support durable tenant demand. Covered carports, landscaped areas, and dedicated utility and storage space further enhance the propertys functionality and tenant appeal. Located approximately eight miles south of Downtown Los Angeles, with convenient access to the I-110 and I-105 freeways, the property is well positioned near major employment centers, schools, shopping, and neighborhood services. With 10 income-producing units, low-maintenance construction, and strong long-term rental potential, this E. 88th Street property offers investors an attractive combination of immediate cash flow and long-term appreciation. Built in 2024, 127-133 E. 88th Street is a turnkey 10-unit multifamily asset in South Los Angeles featuring eight four-bedroom residences and two JR ADUs. Unlike a typical value-add acquisition, this turnkey asset offers modern finishes, efficient new construction, and minimal near-term capital improvement requirements. The property consists of four residential buildings with eight spacious four-bedroom residences and two JR ADUs, providing a diverse mix of income streams within a single asset. Large, family-oriented floor plans, private entrances, multiple bathrooms, and extensive on-site parking create a highly rentable configuration designed to support durable tenant demand. Covered carports, landscaped areas, and dedicated utility and storage space further enhance the propertys functionality and tenant appeal. Located approximately eight miles south of Downtown Los Angeles, with convenient access to the I-110 and I-105 freeways, the property is well positioned near major employment centers, schools, shopping, and neighborhood services. With 10 income-producing units, low-maintenance construction, and strong long-term rental potential, this E. 88th Street property offers investors an attractive combination of immediate cash flow and long-term appreciation.

Additional Information

Zoning
Other
Levels
Three Or More

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kevin Kim (949-293-0770) from Listing Office: Circa Properties, Inc..

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