233 W 88th Pl, Los Angeles, CA 90003
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233 W 88th Pl Los Angeles, CA 90003

$728,888 Sold Price as of 04/11/2023
  • 6 Beds
  • 3 Baths
  • 1,991 Sq.Ft.
Sold
$728,888 Sold Price as of 04/11/2023 Refinance Your Mortgage

Map preview of 233 W 88th Pl, Los Angeles, CA 90003

Property Overview: 233 W 88th Pl Los Angeles, CA has 6 bedrooms, 3 bathrooms, 1,991 living square feet and 5,429 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great income property close to major freeways and only minutes from downtown LA, market places and schools. Bring your paint and brush and make this bread and butter income property, yours.

Listed by Raul Vega | BRE #01870029 | Bankers Investment Group Inc.
Last checked: 6 minutes ago | Last updated: April 11th, 2023 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
5,429
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
OC22201297
City
Los Angeles
County
Los Angeles
Time on Site
726 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,500
  • Total Rent: $2,500
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,965
  • Net Operating Income: $43,427
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,538
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $2,000
  • Insurance: $1,538
  • Water/Sewer: $4,000

Property Details for 233 W 88th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Room Information
  • All Bedrooms Down
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 6040023016
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Manchester and Broadway
Neighborhood Information
  • Community Features: Park, Sidewalks, Storm Drains, Street Lights
View more facts & features

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Sale History for 233 W 88th Pl

Last sold for $728,888 on April 11th, 2023
  • April, 2023

  • Apr 11, 2023

    Date

    Sold

    CRMLS: OC22201297

    $728,888

    Price

  • Sep 23, 2022

    Date

    Active

    CRMLS: OC22201297

    $788,888

    Price

  • August, 2019

  • Aug 19, 2019

    Date

    Sold

    CRMLS: CV19103629

    $545,000

    Price

  • Jul 26, 2019

    Date

    Pending

    CRMLS: CV19103629

    $545,000

    Price

  • Jun 4, 2019

    Date

    Price Change

    CRMLS: CV19103629

    $545,000

    Price

  • Jun 4, 2019

    Date

    Active Under Contract

    CRMLS: CV19103629

    $529,888

    Price

  • May 5, 2019

    Date

    Active

    CRMLS: CV19103629

    $529,888

    Price

  • Listing provided courtesy of CRMLS

    ATTENTION INVESTORS OR FIRST TIME HOME BUYERS! This triplex is located in South Los Angeles which includes a one bedroom one bath, two bedroom one bath, and a three bedroom one bath unit. Property is close to the 110 and 105 freeways and is close to downtown. Drive by asap and put an offer in. Please do not disturb the tenants

  • August, 2019

  • Aug 19, 2019

    Date

    Sold (Public Records)

    Public Records

    $545,000

    Price

  • March, 2019

  • Mar 27, 2019

    Date

    Canceled

    CRMLS: OC19023389

    $518,000

    Price

  • Jan 31, 2019

    Date

    Active

    CRMLS: OC19023389

    $518,000

    Price

  • Listing provided courtesy of CRMLS

    ATTENTION ALL INVESTORS AND HOME BUYERS- BACK ON THE MARKET! This conveniently located triplex in South Los Angeles includes a one bedroom one bath, two bedroom one bath, and three bedroom one bath unit. Rent all units out or live in one and rent the others while acquiring rental income. Two of the three units are currently being occupied and are under Rent Control. Property is located close to the 110 and the 105 Fwy and is just minutes away to Downtown LA. This triplex has endless possibilities with it's large lot and gated parking. Preview the three bedroom unit today and put an offer on this investment opportunity that you do not want to miss. Please do not disturb tenants.

  • January, 2019

  • Jan 9, 2019

    Date

    Canceled

    CRMLS: OC18222658

    $518,000

    Price

  • Nov 7, 2018

    Date

    Price Change

    CRMLS: OC18222658

    $518,000

    Price

  • Sep 27, 2018

    Date

    Active

    CRMLS: OC18222658

    $518,888

    Price

  • Listing provided courtesy of CRMLS

    CALLING ALL INVESTORS AND FIRST TIME HOME BUYERS! This beautiful triplex is located in South Los Angeles and includes a one bedroom one bath, two bedroom one bath, and three bedroom one bath unit. Rent all units out or live in one and rent the others while acquiring rental income. Property is located close to the 110 and the 105 Fwy and is just minutes away to Downtown LA. This triplex has endless possibilities with it's large lot and gated parking. Drive by today and put an offer on this investment opportunity that you do not want to miss. Please do not disturb tenants.

  • April, 2018

  • Apr 27, 2018

    Date

    Sold

    CRMLS: SR17250306

    $488,000

    Price

  • Apr 10, 2018

    Date

    Pending

    CRMLS: SR17250306

    $510,000

    Price

  • Apr 9, 2018

    Date

    Sold

    CRMLS: SR17250306

    $488,000

    Price

  • Jan 25, 2018

    Date

    Pending

    CRMLS: SR17250306

    $510,000

    Price

  • Jan 24, 2018

    Date

    Active

    CRMLS: SR17250306

    $510,000

    Price

  • Jan 20, 2018

    Date

    Hold

    CRMLS: SR17250306

    $510,000

    Price

  • Nov 3, 2017

    Date

    Active

    CRMLS: SR17250306

    $510,000

    Price

  • Listing provided courtesy of CRMLS

    GREAT OPPORTUNITY FOR FIRST TIME BUYERS OR INVESTOR TO OWN A NICE 3 UNIT INCOME PROPERTY! Great Triplex in south Los Angeles, units have been well maintained by seller and tenants. Live in one unit and keep the other 2 for rental income! This property offers a front unit (2 bed 1 bath), back unit (1 bed 1 bath) and seller's unit (3 bed 1 bath), seller's unit will be delivered vacant for new owner to live in or to be rented at current market rent. Property is located close to 110 Fwy and 105 Fwy and is just minutes to Downtown LA., Property offers a Large lot with plenty of parking and front security gate. Submit your offer today before it's gone! Please do not disturb tenants or owner.

  • April, 2018

  • Apr 26, 2018

    Date

    Sold (Public Records)

    Public Records

    $488,000

    Price

Show More

Tax History for 233 W 88th Pl

Assessed Value (2020): $545,000
Year Land Value Improved Value Assessed Value
2020 $300,000 $245,000 $545,000

Home Value Compared to the Market

This property vs the competition

233 W 88th Pl sold on April 11, 2023 for 34.92% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $366.09 per/sqft which puts the price per square foot 49.43% lower than the current median sale per square foot for the city of Los Angeles.

About 233 W 88th Pl

Detailed summary of property

233 W 88th Pl is a triplex that recently sold in Los Angeles, CA 90003. This triplex offered 6 bedrooms, 3 bathrooms, roughly 1,991 living square feet, and sits on an approximately 5,429 square foot lot. 233 W 88th Pl was first listed on ArdentRealEstateGroup.com on September 24, 2022. The homeowner sold the property for $728,888. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 34.92% lower than the current median priced home. Local homes that are currently for sale include 435 E 84th st, 7704 S Grand Ave and 353 W 77th St. While the average home in Los Angeles, CA is selling in 106 days, 233 W 88th Pl has a days on market of 61 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 233 W 88th Pl Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 233 W 88th Pl

Public county record property details
Beds
6
Baths
3
Year built
1921
Sq. Ft.
1,999
Lot Size
5,429
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
60
APN
6040-023-016

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$599,000
Median List Price/Sq.Ft.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.