Sold for $810,000

Listed by: Buckingham Investments, Inc • Jeffrey Isenberg • Contact: 310-982-7055

Bought with: Onyx Realty & Finc. Serv., Inc

$810,000

916 W 88th St, Los Angeles, CA 90044

4beds

4baths

2,004sqft

Triplex

Built in 1923

-- sqft lot

$814,700 Zestimate^®

$404/sqft

$3,098 Estimated rent

Home value

$814,700

$741,000 - $896,000

$3,098/mo

Zestimate^® history

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$3,098/mo

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$5,166/mo

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$5,166/mo

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What's special

Swimming poolsPlay areasTennis and basketball courtsFitness zonesRecently built adu

Updated and well maintained 4-unit property including recently built ADU offering strong rental income in the Vermont Vista neighborhood. This cash flowing property features spacious one bedroom bungalow units that were remodeled prior to current occupancy. This is a great investor opportunity offered at a 11.3 GRM and 6.0 Cap Rate on current rents with an additional 20% upside. Easy access to public transportation including the Metro Blue Line into downtown & south to the Ocean in Long Beach. Adjacent to the 110 (Harbor) Fwy & close proximity to local Elementary & Middle schools. Approximately 3 miles from the Downtown Inglewood Entertainment District including SoFi Stadium, Intuit Dome and Hollywood Park Development. 2/10 of a mile to the Algin Sutton Recreation Center with Tennis & Basketball Courts, Baseball, Soccer Fields, Fitness Zones, Play Areas & Swimming Pools. Don't miss out on this fantastic opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Rooms

Room types: Bedroom, Family Room

Bedroom

Features: Bedroom on Main Level

Heating

Wall Furnace

Cooling

None

Appliances

Included: Gas Range, Microwave, Refrigerator
Laundry: None

Features

Ceiling Fan(s), Quartz Counters, Recessed Lighting, Bedroom on Main Level
Flooring: Laminate
Doors: Insulated Doors
Windows: Double Pane Windows
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,004
Total interior livable area: 2,004 sqft

Property

Parking

Parking features: None

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Entry location: Front
Exterior features: Awning(s)
Pool features: None
Spa features: None
Fencing: Chain Link
Has view: Yes
View description: None

Lot

Size: 5,129 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 6038021001
Zoning: LARD3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Stucco
Roof: Flat

Condition

Updated/Remodeled
New construction: No
Year built: 1923

Utilities & green energy

Electric: Electricity - On Property
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected

Community & HOA

Community

Features: Park, Sidewalks
Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $404/sqft
Tax assessed value: $649,457
Annual tax amount: $10,076
Date on market: 10/11/2024
Cumulative days on market: 305 days
Listing terms: Cash,Cash to New Loan,Conventional
Inclusions: Range, Refrigerator & Microwave located in the ADU.
Exclusions: Tenants Personal Property
Total actual rent: 5952
Tenant pays: Electricity, Gas
Road surface type: Paved

Price history

Date	Event	Price
11/19/2025	Sold	$810,000-2.3%$404/sqft
Source: CRMLS #SB24211066 Report a problem
9/30/2025	Pending sale	$829,000$414/sqft
Source: CRMLS #SB24211066 Report a problem
7/10/2025	Price change	$829,000-4.6%$414/sqft
Source: CRMLS #SB24211066 Report a problem
5/1/2025	Price change	$869,000-3.3%$434/sqft
Source: CRMLS #SB24211066 Report a problem
3/10/2025	Price change	$899,000-2.2%$449/sqft
Source: CRMLS #SB24211066 Report a problem
1/9/2025	Listed for sale	$919,000$459/sqft
Source: CRMLS #SB24211066 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,076 +25.5%	$649,457 +2%
2024	$8,026 +1.9%	$636,724 +2%
2023	$7,878 +4.7%	$624,240 +2%
2022	$7,523 +174.8%	$612,000 +194.2%
2021	$2,737 -0.8%	$208,005 +1%
2020	$2,759	$205,873 +2%
2019	$2,759 +8.1%	$201,837 +2%
2018	$2,552	$197,881 +2%
2017	$2,552 +2.1%	$194,002 +2%
2016	$2,500 +2.9%	$190,199 +1.5%
2015	$2,429 +0.2%	$187,343 +2%
2014	$2,423	$183,674 +5.3%
2010	--	$174,434 -0.2%
2009	--	$174,849 +6.1%
2006	--	$164,768
2005	--	$164,768 +4%
2004	--	$158,372 +1.9%
2003	--	$155,470 +2%
2002	--	$152,423 +4%
2000	--	$146,507