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$3,600,000

FOR SALE
Active

127 133 E 88th

Los Angeles, CA

MLS# OC26174561

Apartment
87 days on marketNalren refreshed

Listing Agent

Kevin Kim

Listing Agent

Circa Properties, Inc.

DRE #: 01909123

(949) 293-0770

Brokerage: Circa Properties, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

2024

Year Built

0.23 acres

Lot Size

N/A

Price/Sq Ft

0

Garage Spaces

N/A

HOA

Apartment

Property Type

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.

Facts & Features

Interior

Fireplace
No
Laundry Features
In-Unit Laundry

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
2024
Building Area Total
10,000
Levels
Three Or More
Stories Total
3

Utilities

Utilities
Water Connected
Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
0
Parking Total
16

Community / HOA

HOA
No
Association Fee
$0

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