501 W 88th Street, Los Angeles, CA 90044
Property
Sold June 2025
Listing Agent: Brett Lyon (DRE #01717818) · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 3107801899 · Bought with: Olga Wright · Lyon Stahl Investment Real Estate, Inc. · MLS #SB25010518 · Source: CRMLS
About this property
501 W 88th St is a 4-unit property located in South Los Angeles. Situated on a large 3,232 SF lot, this property offers a total of 2,208 SF of living space, featuring a mix of (2) 2-bed/1-bath units and (2) 1-bed/1-bath units. It boasts strong income potential with a 5.04% current CAP rate and incredible upside, offering a 48% rental upside, a 9.45% market CAP rate, and an 7.10 market GRM. Conveniently located right off Manchester Ave with easy access to the 110 Freeway, this property is positioned in a desirable South LA location with strong rental demand.
Listing description from the June 2025 sale, as reported to CRMLS.
Sale history