Trimark Realty
1030 W 88th Street 1/4 primary photo
Active·Multi-Family (Fourplex)

$1,199,000

-$900
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1030 W 88th Street 1/4, Los Angeles CA 90044

8 beds5 baths2,900 sqft

Multi-Family (Fourplex)

Property type

309 days

On market

$413

Price per sqft

3 cars

Garage

1911

Year built

6,087 sqft

Lot size

Open Houses

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Overview

FULLY REMODELED 4-PLEX includes a Main house with 4 bedroom 2 bath - Rent $3243 (Sec 8), One 2 bedroom 1 bath - Rent $1970 (Sec 8), and TWO 1 bedroom 1 bath - Rent $1487 and $1492 (both Sec 8). A total rental income of $8,192 per month. There are 3 covered garages and a total parking spaces for 8-10 cars with potential for ADU's. Buyer is to do their own due diligence...

Listing provided by: Mazdak Sarehkhani DRE #01811455 818-601-8215, Mazdak Sarehkhani

Listing updated: Nov 1, 2025 at 07:35pm.

Last checked: Jun 5, 2026 at 05:00am

Source: CRMLS #SR25171903

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
142$3,243$3,243$3,243Unfurnished
121$1,970$1,970$2,200Unfurnished
111$1,492$1,492$1,700Unfurnished
111$1,487$1,487$1,700Unfurnished
  • # of Buildings: 2

  • # of Units Total: 4

  • Separate Electric Meters: 4

  • Separate Gas Meters: 4

  • Separate Water Meters: 1

  • Rent Control: No

  • Units Leased: 4

  • Total Actual Rent: $8,192

  • Tenant Pays: All Utilities, Electricity, Gas

Financial Snapshot

Gross Rent Multiplier

12.2x

List Price / Annual Gross Rent

Cap Rate

7.17%

NOI / List Price

  • Gross Scheduled Income: $98,304

  • Operating Expense: $12,300

  • Net Operating Income: $86,004

Annual Operating Expenses

  • Insurance: $2,700

  • Trash: $300

  • Water / Sewer: $500

Interior

  • Laundry: None

  • Entry Location: 0

Exterior

  • Property Attached: Yes

  • Stories Total: 2

  • Levels: Two

  • Common Walls: Two Common Walls Or More

  • Lot Features: Walkstreet

  • Pool: None

  • Water Source: Public

  • Sewer: Public Sewer

Garage and Parking

  • Garage Spaces: 3

  • Parking Total: 3

Lot Information

  • Land Lease: No

  • Common Interest: None

  • Parcel #: 6047009006

  • Additional Parcels: No

  • Tax Lot: 253

  • Zoning: LCR320U*

Community

  • Senior Community: No

    • Community Features: Sidewalks

    Nearby Schools

    Nearby schools around the 1030 W 88th Street 1/4, Los Angeles, CA 90044. Contact the school or district directly to verify enrollment eligibility.

    Payment Calculator

    Total Principal

    $959,200

    Total Interest

    $1,223,407

    Total Payment

    $2,182,607

    Payoff Date

    Jun 2056

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    PMI is disabled automatically when your down payment is 20% or more.

    Est. Payment

    $7,462

    per month

    Principal
    $867
    Interest
    $5,196
    Property Tax
    $1,249
    Home Insurance
    $150
    PMI
    $0
    HOA
    $0

    Property History for 1030 W 88th Street 1/4

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    Los Angeles Market Snapshot

    Market stats compare this property with recent MLS activity for similar property types in 90044.

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