Welcome to 1221 W 88th St, a versatile triplex offering an excellent opportunity for investors or owner users. The property features a spacious 3 bedroom, 2 bathroom front house, plus two rear 1 bedroom, 1 bathroom units, providing a total of 5 bedrooms and 4 bathrooms.
One unit will be delivered vacant at close of escrow. This is the current owner occupied unit and offers a great opportunity for an owner user to move in while generating rental income from the other two units.
The property also offers excellent off street parking. The front driveway accommodates 2 cars, while the rear units have their own separate driveway accessible through the alley, providing parking for up to 5 additional vehicles. The generous parking is a great feature for both residents and guests.
With three separate units, a desirable unit mix, substantial parking, and one unit delivered vacant, this property offers flexibility for rental income, extended family living, or an owner user looking to offset expenses with rental income. FHA and VA financing welcome!
Conveniently located in South Los Angeles with easy access to major streets, transportation, shopping, dining, and everyday amenities. Don't miss this opportunity to own a triplex with excellent parking and owner user potential.
For sale
Listed by: The R.R. Network • Jan Magana • Contact: jm@richardreyesteam.com
$950,000
1221 W 88th St, Los Angeles, CA 90044
5beds
4baths
1,811sqft
Triplex
Built in 1920
-- sqft lot
$947,800 Zestimate®
$525/sqft
$-- HOA
What's special
- 20 days
- 208
- 12
Zillow last checked:
Listing updated:
Listed by:
Jan Magana DRE #02164463 jm@richardreyesteam.com,
The R.R. Network
Source: CRMLS,MLS#: CV26177943
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Appliances
- Laundry: Outside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,811
- Total interior livable area: 1,811 sqft
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Uncovered spaces: 6
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 6,088 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6047005026
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $525/sqft
- Tax assessed value: $678,140
- Date on market: 8/14/2026
- Cumulative days on market: 20 days
- Listing terms: Cash,Cash to New Loan,Contract,FHA,Submit,VA Loan
Estimated market value
$947,800
$900,000 - $995,000
$2,887/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Listed for sale | $950,000+59.4%$525/sqft |
Source: | ||
| 12/6/2018 | Sold | $596,000-0.7%$329/sqft |
Source: Public Record Report a problem | ||
| 10/17/2018 | Pending sale | $599,900$331/sqft |
Source: CENTURY 21 Realty Masters #DW18252709 Report a problem | ||
| 10/17/2018 | Listed for sale | $599,900+42.8%$331/sqft |
Source: Century 21 Allstars #DW18252709 Report a problem | ||
| 12/18/2016 | Listing removed | $1,150$1/sqft |
Source: Owner Report a problem | ||
| 10/21/2015 | Listing removed | $1,150$1/sqft |
Source: Owner Report a problem | ||
| 10/20/2015 | Listed for rent | $1,150-2.1%$1/sqft |
Source: Owner Report a problem | ||
| 9/30/2014 | Listing removed | $1,175$1/sqft |
Source: Owner Report a problem | ||
| 8/31/2014 | Price change | $1,175+6.8%$1/sqft |
Source: Owner Report a problem | ||
| 8/6/2014 | Sold | $420,000-2.2%$232/sqft |
Source: Public Record Report a problem | ||
| 8/1/2014 | Listed for rent | $1,100$1/sqft |
Source: Owner Report a problem | ||
| 5/13/2014 | Price change | $429,500-3.5%$237/sqft |
Source: Estate Planners Realty (d) #DW14064943 Report a problem | ||
| 4/1/2014 | Listed for sale | $445,000+61.8%$246/sqft |
Source: Estate Planners Realty (d) #DW14064943 Report a problem | ||
| 9/24/2013 | Sold | $275,000-19.1%$152/sqft |
Source: | ||
| 5/27/2003 | Sold | $340,000$188/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $678,140 +2% |
| 2025 | $9,831 +4.8% | $664,844 +2% |
| 2024 | $9,380 +4.5% | $651,809 +2% |
| 2023 | $8,974 +4.6% | $639,029 +2% |
| 2022 | $8,576 +1% | $626,500 +2% |
| 2021 | $8,494 -0.7% | $614,217 +1% |
| 2020 | $8,556 | $607,920 +2% |
| 2019 | $8,556 +30.9% | $596,000 +34.3% |
| 2018 | $6,535 | $443,630 +2% |
| 2017 | $6,535 +1.8% | $434,932 +2% |
| 2016 | $6,418 +2.8% | $426,405 +1.5% |
| 2015 | $6,243 +29.9% | $420,000 +52.7% |
| 2014 | $4,807 | $275,000 +593.9% |
| 2011 | -- | $39,631 +0.5% |
| 2009 | -- | $39,430 +2% |
| 2008 | -- | $38,658 +2% |
| 2007 | -- | $37,901 +2% |
| 2005 | -- | $37,159 +4% |
| 2004 | -- | $35,719 +1.9% |
| 2003 | -- | $35,065 +2% |
| 2002 | -- | $34,378 +4% |
| 2000 | -- | $33,045 |
Find assessor info on the county website
Monthly payment
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Neighborhood: 90044
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