127 E 88th Street

Los Angeles, CA 90003
$3,900,000
0.24 acres | #SB24166496
Courtesy of Lyon Stahl Investment Real Estate, Inc.

Description

This Property is an 11,000 SF building on a 10,409 SF lot comprised of eight (8) four-bedroom/two-bathroom units and two (2) studios. The studios are currently unpermitted. There are sixteen (16) parking spots. The property has just finished construction and the Certificate of Occupancy is being issued in less than 30 days. 127 E 88th Street offers a unique opportunity for an investor to acquire a premium new-construction asset exempt from LA City Rent Control in a strong rental submarket of Los Angeles.

  • Property Details
    • Property
      • Stories:3
      • Lot description:ZeroToOneUnitAcre
    • Measurements
      • Acres:0.239
    • Parking
      • Parking spaces:16
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:2024
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$4, 600, 000
  • Other
    • Source
      • MLS #:SB24166496

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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