127 E 88th St Los Angeles, cA | 127 E 88th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
127 E 88th St Los Angeles, cA 127 E 88th St
10 Unit Apartment Building $5,648,760 CAD ($564,876 CAD/Unit) Los Angeles, CA 90003
Investment Highlights
- Brand New Construction
- Majority four-bedroom/two-bathroom units
- Not Subject to LA City RSO
- Delivered Vacant- hand pick your tenants
Executive Summary
Lyon Stahl Investment Real Estate is pleased to present 127 E 88th Street in the City of Los Angeles. This new construction 10-unit is located in South Los Angeles near the 110 Freeway giving tenants easy access to the major economic hubs of Downtown Los Angeles and Downtown Long Beach. 127 E 88th Street is an 11,000 SF building on a 10,409 SF lot comprised of eight (8) fourbedroom/two-bathroom units and two (2) studios. The studios are currently unpermitted and non-conforming. There are ten (10) parking spots, one for each unit. The property has just finished construction and the Certificate of Occupancy is being issued in less than 30 days. All the units are currently vacant, allowing a new buyer to choose their own tenants to their liking. 127 E 88th Street offers a unique opportunity for an investor to acquire a premium newconstruction asset exempt from LA City Rent Control in a strong rental submarket of Los Angeles
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,648,760 CAD | Building Class | C |
| Price Per Unit | $564,876 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 11,000 SF |
| No. Units | 10 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Parking Ratio | 0.91/1,000 SF |
| Apartment Style | Low Rise |
| Price | $5,648,760 CAD |
| Price Per Unit | $564,876 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 11,000 SF |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 0.91/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+2 | 8 | - | - |
1 of 1
Walk Score®
Very Walkable (75)
zoning
| Zoning Code | LAR3 |
| LAR3 |
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
127 E 88th St Los Angeles, cA | 127 E 88th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.