1152 W 88th St, Los Angeles, CA, 90044
About This Home
We are proud to present 1152 W 88th St, a well-located 10-unit multifamily community in Los Angeles, priced attractively at a 9.01% CAP and 7.73 GRM on current rents, with significant upside potential to achieve an 10.70% CAP and 6.78 GRM upon stabilization. Nestled just south of Manchester Ave and west of Vermont Ave, this property offers excellent connectivity with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, and Crenshaw. The property is comprised of two buildings a two-story front structure and a single-story rear building offering a total of 6,438 rentable square feet. Built in 1936, the property sits on a generous 9,659 SF LCR320U-zoned corner lot with valuable alley access. The unit mix features 100% two-bedroom units, with 1 unit delivered VACANT at closing, presenting an immediate opportunity for renovation and rent increases. Contact the listing broker for additional information.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Year built: 1936
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 20
- Bathrooms: 10
Heating & Cooling
- Heating features: Wall
- Cooling features: None
Interior Area
- Total structure area: 6,436
- Total interior livable area: 6,436 sqft
Property
Details
- Parcel number: 6047009022
- Zoning: LCR320U*
- Special condition: Standard
- Other equipment: Other
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 9,657 sqft
- Features: Single Lot,Corner Lot
- Lot size dimensions: 63 x 152
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,354 | $112,248 |
| Home Insurance * | $357 | $4,284 |
| Property Taxes | $1,032 | $12,384 |
| Electricity | $1,380 | $16,561 |
| Total | $12,123 | $145,476 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-11 | Listed for sale | $1,950,000 |
| 2026-02-06 | Contingent | $1,950,000 |
| 2025-11-13 | Price change | $1,950,000 |
| 2025-11-03 | Listing removed | $2,450 |
| 2025-10-23 | Listed for sale | $2,100,000 |
| 2025-10-19 | Listing removed | $2,100,000 |
| 2025-09-17 | Listed for sale | $2,100,000 |
| 2025-07-17 | Listed for rent | $2,450 |
| 2025-05-19 | Contingent | $2,100,000 |
| 2025-04-29 | Listed for sale | $2,100,000 |
| 2024-08-13 | Listing removed | $1,995,000 |
| 2024-05-15 | Listed for sale | $2,200,000 |
| 2017-10-06 | Listing removed | $1,275,000 |
| 2017-09-28 | Price change | $1,275,000 |
| 2017-09-26 | Pending sale | $1,212,500 |
| 2017-09-26 | Price change | $1,212,500 |
| 2017-09-11 | Listed for sale | $1,300,000 |
| 2017-09-02 | Pending sale | $1,300,000 |
| 2017-08-25 | Listed for sale | $1,300,000 |
| 2017-01-25 | Listing removed | $1,200,000 |
| 2017-01-05 | Listed for sale | $1,200,000 |
| 2012-11-27 | Listing removed | $689,000 |
| 2012-09-26 | Listed for sale | $689,000 |
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