$1,199,000
-$9001030 W 88th Street 1/4, Los Angeles CA 90044
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
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
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 2 | — | $3,243 | $3,243 | $3,243 | Unfurnished |
| 1 | 2 | 1 | — | $1,970 | $1,970 | $2,200 | Unfurnished |
| 1 | 1 | 1 | — | $1,492 | $1,492 | $1,700 | Unfurnished |
| 1 | 1 | 1 | — | $1,487 | $1,487 | $1,700 | Unfurnished |
# 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
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,462
per month
Property History for 1030 W 88th Street 1/4
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90044.
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