501 W 88Th Street

Los Angeles, CA 90044 Active for $750,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 3,232 sqft

Property Facts

MLS	SB25010518
Year Built	1965
Property Type	Mixed Use
County	Los Angeles
Status	Active
Active	$750,000
Structure Size	N/A sqft
Lot Size	3,232 sqft
Beds	N/A
Baths	N/A

Description

501 W 88th St is a 4-unit property located in South Los Angeles. Situated on a large 3,232 SF lot, this property offers a total of 2,208 SF of living space, featuring a mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. It boasts strong income potential with a 5.04% current CAP rate and incredible upside, offering a 48% rental upside, a 9.45% market CAP rate, and an 7.10 market GRM. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property is positioned in a desirable South LA location with strong rental demand.

Listing information courtesy of: Brett Lyon, Lyon Stahl Investment Real Estate, Inc. 310-706-4066. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.