Search
907 E 88th St, Los Angeles, CA 90002
Image 2 for 907 E 88th St, Los Angeles, CA 90002
Image 3 for 907 E 88th St, Los Angeles, CA 90002
View Photos

907 E 88th St Los Angeles, CA 90002

$1,350,000
  • 10 Beds
  • 6 Baths
  • 3,606 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 907 E 88th St, Los Angeles, CA 90002

Property Overview: 907 E 88th St Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,606 living square feet and 5,161 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This well-maintained duplex built in 2019, not subject to LA City control, features two spacious units, each with 5 bedrooms and 3 bathrooms. The property is perfect for investors or owner-user. Both units are currently occupied by a non-profit program. Monthly rents are $3,200 for the front unit & $3,200 for the rear unit. The tenants have occupied the units since 2019 and pay for all utilities and maintain the building. The current owner has not raised the rents since 2019; there is sizable upside potential. There is an attached 1-car garage in the front & 2-car garage in the rear. Conveniently located near markets, shopping, schools, public transportation, freeways, and Downtown L. A.

Listed by Johnny Cho | BRE #01394690 | Keller Williams Realty Los Feliz
Last checked: 11 minutes ago | Last updated: April 20th, 2024 | Source CRMLS | DOM: 17
Get a $4,556 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,556 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
5,161
HOA Dues
$0/mo
Year built
2019
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24379647
City
Los Angeles
County
Los Angeles
Time on Site
18 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $4,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $3,200
  • Total Rent: $3,200
  • Pro Forma/Market Rent: $4,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.3%
  • Gross Rent Multiplier: 17.58
  • Gross Scheduled Income: --
  • Net Operating Income: $57,400
  • Gross Operating Income: $76,800
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 907 E 88th St

No upcoming open houses

Schedule Tour

Property Details for 907 E 88th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Central
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 6042025017
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Manchester, North of Century, East of Avalon, & West of Central
View more facts & features

Local Los Angeles Agent

Sale History for 907 E 88th St

Last sold on October 23rd, 2020

  • April, 2024

  • Apr 12, 2024

    Date

    Active

    CRMLS: 24379647

    $1,350,000

    Price

  • October, 2020

  • Oct 23, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2020

  • Jul 21, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2019

  • Feb 9, 2019

    Date

    Sold

    CRMLS: DW18295789

    $370,000

    Price

  • Jan 14, 2019

    Date

    Pending

    CRMLS: DW18295789

    $349,000

    Price

  • Dec 27, 2018

    Date

    Active

    CRMLS: DW18295789

    $349,000

    Price

  • Listing provided courtesy of CRMLS

Show More

Tax History for 907 E 88th St

Assessed Value (2020): $875,000
Year Land Value Improved Value Assessed Value
2020 $400,000 $475,000 $875,000

Home Value Compared to the Market

This property vs the competition

907 E 88th St is listed 9.22% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $374.38 per/sqft which puts the price per square foot 51.57% lower than the median price per square foot for the city of Los Angeles.

About 907 E 88th St

Detailed summary of property

907 E 88th St is a multi family located in Los Angeles, CA 90002 and is currently for sale. This multi family property offers 10 bedrooms, 6 bathrooms, roughly 3,606 living square feet, and sits on an approximately 5,161 square foot lot. 907 E 88th St was first listed on ArdentRealEstateGroup.com on April 12, 2024. The homeowner is currently asking $1,350,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 9.22% higher than the median priced home. Local competing homes currently for sale include 210 W 77th St, 820-8201 E 111th Dr and 1624 E 109th St. While the average home in Los Angeles, CA is selling in 96 days, 907 E 88th St has a days on market of 17 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 907 E 88th St Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 907 E 88th St

Public county record property details
Beds
10
Baths
6
Year built
2019
Sq. Ft.
3,606
Lot Size
5,159
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
321
APN
6042-025-017

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$589,999
Median List Price/Sq.Ft.
$470
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
40
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

Tour This Home

Buy with Ardent Real Estate Group and save $4,556.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $4,556 Cash Reward New

Buy this home with Ardent Real Estate Group and get $4,556 back.

Call/Text (714) 706-1823

Homes for Sale Near 907 E 88th St

Nearby Homes for Sale

834 E 85th St, Los Angeles, CA 90001
$1,350,000
10 Beds
6 Baths
3826 Sq.Ft.
834 E 85th St
Los Angeles, CA 90001
414 E 84th St, Los Angeles, CA 90003
$1,299,000
10 Beds
6 Baths
4072 Sq.Ft.
414 E 84th St
Los Angeles, CA 90003
9004 S San Pedro St, Los Angeles, CA 90003
$1,290,000
11 Beds
7 Baths
4260 Sq.Ft.
9004 S San Pedro St
Los Angeles, CA 90003
9527 Compton Ave, Los Angeles, CA 90002
$1,100,000
8 Beds
5 Baths
3076 Sq.Ft.
9527 Compton Ave
Los Angeles, CA 90002
827 E 74th St, Los Angeles, CA 90001
$1,258,888
10 Beds
6 Baths
3774 Sq.Ft.
827 E 74th St
Los Angeles, CA 90001
201 E Century Blvd, Los Angeles, CA 90003
$1,200,000
9 Beds
4 Baths
3334 Sq.Ft.
201 E Century Blvd
Los Angeles, CA 90003
1300 E 71st St, Los Angeles, CA 90001
$1,149,900
9 Beds
6 Baths
3908 Sq.Ft.
1300 E 71st St
Los Angeles, CA 90001
113 W Century Blvd, Los Angeles, CA 90003
$1,600,000
12 Beds
4 Baths
3402 Sq.Ft.
113 W Century Blvd
Los Angeles, CA 90003

Recently Sold Homes Near 907 E 88th St

913 E 88th St, Los Angeles, CA 90002
$770,000 Last Sold Price
4 Beds
2 Baths
1736 Sq.Ft.
913 E 88th St
Los Angeles, CA 90002
8816 Wadsworth Ave, Los Angeles, CA 90002
$865,000 Last Sold Price
7 Beds
5 Baths
2823 Sq.Ft.
8816 Wadsworth Ave
Los Angeles, CA 90002
847 E 88th Pl, Los Angeles, CA 90002
$550,000 Last Sold Price
8 Beds
4 Baths
1670 Sq.Ft.
847 E 88th Pl
Los Angeles, CA 90002
121 E 88th St, Los Angeles, CA 90003
$1,575,000 Last Sold Price
9 Beds
5 Baths
3402 Sq.Ft.
121 E 88th St
Los Angeles, CA 90003

Related Resources to 907 E 88th St

New Listings in 90002
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call