This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
1288 West Boulevard, Los Angeles, CA 90019
$1,120,000
1288 West Boulevard, Los Angeles, CA 90019View this property at 1288 West Boulevard, Los Angeles, CA 90019
1288 West BoulevardLos AngelesCA90019
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Huge value-add 4-plex, located in Mid-City at 1288
West Blvd, Los Angeles 90019. This unique opportunity
has over 50% upside in monthly rental income, once
units are stabilized. Priced at only $275/unit, this is
ideal for any owner/user or investor looking to
capitalize in this rapidly appreciating sub-market of
Los Angeles.
1288 West Blvd is comprised of (4) 1Bed+1Bath units,
each featuring their own outdoor deck. There are also
(2) two car garages, as well as multiple drive way
parking spots. Once units are brought to market rent,
the property would operate at a 6.41% CAP and 11.46
GRM.
The subject property is located just steps away from
the Queen Anne Park/ Recreation Center and just a
short walking distance from the new Midtown Crossing
center, a shopping complex featuring large retailers
such as Lowe's, Ross, Starbuck's, Smart & Final, Planet
Fitness, etc. 1288 West Blvd features a walk-score of 90
making it a walker's paradise.
Full Property Details
Full Property Details for 1288 West Blvd
General
- Sold For: $1,120,000
- Status: Closed
- Type: Multi-Family
- MLS ID: SB22018709
- Added to Site: 815 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 4
Location
- Area: C16 - Mid Los Angeles
- County: Los Angeles
- Development Name: C16 - Mid Los Angeles
- Driving Directions: Off of Pico and Crenshaw
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Square Feet: 2,160
- Year Built: 1948
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.1615
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $518.52
- Price Per Unit: 275000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
Listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi
Sold by Dream Realty Asset Mgt, Inc., Seong Kelly Chong
Get Pre-Approved Today
Schools
Schools serving 1288 West Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1212 Queen Anne Pl, Los Angeles, CA 90019 | K-5 | 0.2 mi | |
4066 W Johnnie Cochran Vista, Los Angeles, CA 90019 | 6-8 | 0.6 mi | |
4650 W Olympic Blvd, Los Angeles, CA 90019 | 9-12 | 0.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1288 West Blvd
Date
Details
Price
Change
Source
6/06/2022
Sold
$1,120,000
1.82%
MLS
2/15/2022
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1288 West Boulevard, Los Angeles, CA 90019 (MLS# SB22018709) is a Multi-Family property that was sold at $1,120,000 on June 06, 2022. Want to learn more about 1288 West Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Mid-City? You can browse all Mid-City real estate or contact a Coldwell Banker agent to request more information.