Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

10

Building size

10,000 sqft

Lot size

10,000 sqft

Year built

2024

Stories

3

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

245789769

About this property

Built in 2024, 127-133 E. 88th Street is a turnkey 10-unit multifamily asset in South Los Angeles featuring eight four-bedroom residences and two JR ADUs. Unlike a typical value-add acquisition, this turnkey asset offers modern finishes, efficient new construction, and minimal near-term capital improvement requirements. The property consists of four residential buildings with eight spacious four-bedroom residences and two JR ADUs, providing a diverse mix of income streams within a single asset. Large, family-oriented floor plans, private entrances, multiple bathrooms, and extensive on-site parking create a highly rentable configuration designed to support durable tenant demand. Covered carports, landscaped areas, and dedicated utility and storage space further enhance the property’s functionality and tenant appeal. Located approximately eight miles south of Downtown Los Angeles, with convenient access to the I-110 and I-105 freeways, the property is well positioned near major employment centers, schools, shopping, and neighborhood services. With 10 income-producing units, low-maintenance construction, and strong long-term rental potential, this E. 88th Street property offers investors an attractive combination of immediate cash flow and long-term appreciation.

Location

133 E 88th

Los Angeles, Los Angeles, CA, 90003