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For SaleLuxury

$3,600,000

10,001 sqft$360/sqft89 days on market

127 133 E 88th PL

Los Angeles, CA 90003

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

10,001

Square feet

2024

Built

Listing narrative

Description

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.

Listing agent (MLS): Kevin Kim · Listing brokerage (MLS): Circa Properties, Inc.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,600,000

Beds

Beds n/a

Type

Condo

Home Size

10,001 sqft

Baths

Baths n/a

Lot Size

0.23 acres

Year

2024

Status

For Sale

Days on Market

89

$ / Sqft

$360

· 8% down, 7% APR, 30yr fixed
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Courtesy of Circa Properties, Inc.