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$810,000
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Property Description
Updated and well maintained 4-unit property including recently built ADU offering strong rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 11.3 GRM and 6.0 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!
Full Property Details
Full Property Details for 916 W 88th St
General
- Sold For: $810,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB24211066
- Added to Site: 471 day(s) ago
Interior
- Rooms/Areas: Family Room, Main Floor Bedroom
- Interior Features: Ceiling Fan(s), Copper Plumbing (Partial), Quartz Counters, Recessed Lighting
- Fireplace(s): None
- Appliances: Gas Range, Microwave, Refrigerator
- Flooring: Laminate
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Exterior Features: Awning(s)
Parking
- Parking Features: None
- Parking: None
Location
- Area: C36 - Metropolitan Southwest
- County: Los Angeles
- Development Name: C36 - Metropolitan Southwest
- Driving Directions: Property is located South of Manchester Ave between Vermont Ave. & S Hoover St., West of the 110 Fwy.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Flat
- Windows: Double-Pane Windows
- Doors: Insulated Doors
- Entry Location: Front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,004
- Year Built: 1923
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
- Property View: None
- Lot Size (Acres): 0.1177
- Lot Size Source: Assessor
- Zoning: LARD3
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $404.19
- Price Per Unit: 207250
Disclosures and Reports
- Exclusions: Tenants Personal Property
- Inclusions: Range, Refrigerator & Microwave located in the ADU.
Listed by Buckingham Investments, Inc, Jeffrey Isenberg
Sold by Onyx Realty & Finc. Serv., Inc, J.R. Harrison
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Schools
Schools serving 916 W 88th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Danny J. Bakewell, Sr., Primary Center 8621 Baring Cross Street, Los Angeles, CA 90044 | K- | 0.1 mi |
Manchester Avenue Elementary School 661 West 87th Street, Los Angeles, CA 90044 | 1-5 | 0.2 mi |
Bret Harte Preparatory Middle School 9301 South Hoover Street, Los Angeles, CA 90044 | 6-8 | 0.4 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 916 W 88th St
Date
Details
Price
Change
Source
11/19/2025
Sold
$810,000
-2.29%
MLS
7/10/2025
Price Reduced
$829,000
-4.6%
MLS
5/01/2025
Price Reduced
$869,000
-3.34%
MLS
3/10/2025
Price Reduced
$899,000
-2.18%
MLS
11/04/2024
Price Increased
$919,000
2.22%
MLS
10/11/2024
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
916 W 88th Street, Los Angeles, CA 90044 (MLS# SB24211066) is a Multi-Family property that was sold at $810,000 on November 19, 2025. Want to learn more about 916 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.

