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Listed by Kevin Kim, DRE #01909123 • Circa Properties, Inc.
$ 3,600,000
Est. payment | /mo
10,000 Sqft Lot
$ 3,600,000
Est. payment | /mo
10,000 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC26174561
Year Built 2024
Lot Size 10,000 Sqft
Source California Regional MLS
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
Laundry Other
Exterior
Garage Spaces 16.0
Pool None
Building
Story Three or More Stories
Water District - Public
Others
Tax ID 6041003034
Special Listing Condition REO / Bank Owned Property
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