127 133 E 88th, Los Angeles, CA 90003
127 133 E 88th, Los Angeles, CA 90003
127 133 E 88th, Los Angeles, CA 90003
127 133 E 88th, Los Angeles, CA 90003
127 133 E 88th, Los Angeles, CA 90003
127 133 E 88th, Los Angeles, CA 90003
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$ 3,600,000
Est. payment | /mo

10,001 Sqft Lot


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$ 3,600,000
Est. payment | /mo
Save

10,001 Sqft Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26174561

HOA Y/N No

Year Built 2024

Lot Size 10,001 Sqft

Property Sub-Type Apartment

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 property's 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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Interior

Fireplaces Type None

Fireplace No

Laundry Inside

Exterior

Carport Spaces 14

Pool None

Community Features Street Lights, Urban

Utilities Available Water Connected

Total Parking Spaces 16

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 3

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 6041003034

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Green/Energy Cert Solar

Listing Terms Cash, Cash to New Loan, Conventional, Contract, 1031 Exchange, Submit

Special Listing Condition Real Estate Owned

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Kevin Kim Circa Properties, Inc. 949-293-0770, DRE #01909123

Nearby Locations

Danny Navarro

Making real estate fast, fun, and stress-free!

+1(949) 903-6633

dannynteam@gmail.com

2700 N Main St suite 1101, Santa Ana, CA 92705,Unit, USA

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127 133 E 88th