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$480,000
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Property Description
Investor Opportunity - 3 Units in Prime Los Angeles Location - Subject to cancelation of previous escrow!
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.
Full Property Details
Full Property Details for 231 W 88th St
General
- Sold For: $480,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB25257098
- Added to Site: 69 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
- Interior Features: 2 Staircases, Laminate Counters, Unfurnished
- Fireplace(s): None
- Appliances: None
- Flooring: Carpet, Vinyl
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 2
- Parking Features: Concrete, Garage, Garage Faces Front
- Parking: Concrete, Garage, Garage Faces Front
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: South on Broadway Left on 88
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Architectural Style: Traditional
- Roof: Asphalt
- Entry Location: door
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,907
- Year Built: 1912
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1228
- Lot Size Source: Assessor
- Zoning: LAR3
- Lot Description: Lawn
Financial Considerations
- Price Per Sq. Ft.: $251.7
- Price Per Unit: 149967
Listed and Sold by Redfin Corporation, Venus Martinez and Redfin Corporation, Robert Sterling
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Schools
Schools serving 231 W 88th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Dr. Owen Lloyd Knox Elementary School 8919 Main Street, Los Angeles, CA 90003 | K-5 | 0.2 mi |
Bret Harte Preparatory Middle School 9301 South Hoover Street, Los Angeles, CA 90044 | 6-8 | 0.7 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 231 W 88th St
Date
Details
Price
Change
Source
12/31/2025
Sold
$480,000
6.69%
MLS
11/09/2025
Listed
$449,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
231 W 88th Street, Los Angeles, CA 90003 (MLS# SB25257098) is a Multi-Family property that was sold at $480,000 on December 31, 2025. Want to learn more about 231 W 88th Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

