Offered at: $1,300,000
1152 W 88th Street, Los Angeles, CA 90044
Trophy 8 unit in Westmont with no rent control. On completely wrought iron gated 9657 sq.ft. double corner lot with 8 individual garages. Very low expenses: new electrical with 9 electric meters, 9 gas meters, all separate water heaters and 100% copper plumbing. Units are over 640 sq.ft. each, 4 are being used as 2 beds. See floorplans in supplements – some use closet as 2nd bedroom. Current 98K income, Pro forma 100k. #2 will be delivered vac…, and #3 could be too. Seller just started renting garages for $50 each (2 so far), Great rental area west of Vermont, walkable to Sutton Park and Recreation Center and Manchester Ave Elementary, and 2 miles from mega billion $ 238 acre Hollywood Park Tomorrow, Rams/Chargers NFL stadium, etc.
Great rental area west of Vermont, walkable to Sutton Park and Recreation Center and Manchester Ave Elementary, and 2 miles from mega billion $ 238 acre Hollywood Park Tomorrow, Rams/Chargers NFL stadium, etc.