Skip To Content

    245 E 88th Street

    Los Angeles (City), CA 90003
    • $579,000
    • STATUS: Active
    • ON SITE: 73 days
    • ID#: CV21155566
    UPDATED: 22 min ago
    $579,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    Triplex - Great Income Property - all 1 bedroom / 1 bath units. All units are on ground floor. All units are currently occupied. Parking available at the rear of the property. Low Maintenance Yard. Low Maintenance Building. Plumbing has been updated. Subject to City of Los Angeles Rent Control. Close to Schools, Shopping and Transportation.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T00:27:18.817. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
    www.searchwithcompass.com/homes/119381315
    Print Image

    245 E 88th Street Los Angeles (City), CA 90003

    • Price: $579,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: CV21155566
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1923
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    Triplex - Great Income Property - all 1 bedroom / 1 bath units. All units are on ground floor. All units are currently occupied. Parking available at the rear of the property. Low Maintenance Yard. Low Maintenance Building. Plumbing has been updated. Subject to City of Los Angeles Rent Control. Close to Schools, Shopping and Transportation.
    Exterior Features

    Lot Features Paved Number Of Separate Electric Meters 3 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Common Walls 2+ Common Walls

    Property Features

    Additional Parcels YN No Common Interest None Community Features CurbsStreet LightsSidewalks Contingency Buyer To Cooperate With Seller's 1031 At No Cost The Buyer. Current Financing Conventional Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 40644 Gross Scheduled Income 40644 Insurance Expense 983 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms 1031 ExchangeSubmit Maintenance Expense 500 Net Operating Income 34144 New Construction YN No New Taxes Expense 7500 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 6500 Possession Close Of Escrow Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions StandardTrust Tenant Pays ElectricityGasTelephone Total Actual Rent 3387 Trash Expense 0 Water Sewer Expense 1950 Water Source Public Zoning Lar3

    Listing provided courtesy of Minerva Corral of Corral Investments & Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-28T00:27:18.817. 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 deemed reliable but is not guaranteed accurate by the MLS or Brandon Hobbs Group | Compass. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365800146-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365800146-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365800146-1.jpg
    Logo
    Brandon Hobbs Group | Compass
    341 Bayside Drive
    Newport Beach CA, 92660