Listing provided courtesy of Keller Williams Beverly Hills- MLS# 26731983MLS Provider

204 E 88th StLos Angeles, CA 90003

Multi-Family · 9 Beds · 2,410 Sq. ft. | 0.09 Acres
$1,245,000 Active

204 E 88th St Overview

Time on Site:
75 days
Visits:
0

Brand-new four-unit property featuring two separate structures, offering an excellent opportunity for investors or owner-users. The front Duplex includes a 652 sq ft 2-bedroom / 1-bath unit and a 762 sq ft 3-bedroom / 1-bath unit. The rear structure consists of two ADU units, each 498 sq ft, with one unit on each level.The property is fully vacant, providing flexibility for an investor to lease all units or for an owner-occupant to live in one unit while generating strong rental income from the others. With its layout and upgrades, the property offers excellent income potential and the possibility of a high cap rate.Both buildings are completely upgraded with new roofs, high-efficiency mini-split AC units in all rooms, new high-efficiency windows, fully insulated attics and walls, luxury vinyl plank flooring, and abundant natural sunlight throughout with bright, well-designed layouts.The kitchens feature new soft-close cabinets and drawers, quartz countertops, tile backsplashes, new kitchen sinks with garbage disposals, and provisions for stackable washer and dryer.Bathrooms are upgraded with new tile, water-efficient toilets and faucets, LED mirrors, and new vanities with sinks.The Duplex units include high-efficiency gas tankless water heaters, while the ADU units are fully electric with high-efficiency electrical storage water heaters.New appliances will be provided at closing, including microwave, dishwasher, cooktop, and refrigerator.The ADU units include solar panels (to be delivered), allowing the future owner to charge tenants for solar usage rather than standard electricity, creating an opportunity to increase monthly income and improve overall property cash flow.Conveniently located just off S. Broadway near 88th Street, the property offers easy access to shopping, dining, public transit, and major freeways, making it attractive for tenants seeking connectivity and everyday convenience.A rare opportunity to own a brand-new, fully upgraded four-unit property with strong income potential in Los Angeles.

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204 E 88th St Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,410
  • Price/Sq.ft. $517
  • Lot 0.09 Acres

Details

General

Income/Expenses

  • Gross Income: 130800
  • Net Operating Income: 100716.00

Building Information

  • Year Built: 1926

Location/Region

  • Country: US
  • County Or Parish: Los Angeles
  • MLS Area Major: Metropolitan South

Tax Information

  • Tax Assessed Value: 561816

General Information

  • Disclosures: None
  • Property Type: Residential Income
  • Zoning: LARD2

Interior

Beds/Baths

  • Bathrooms Total: 4.00
  • Bedrooms Total: 9

General Information

  • Cooling: Central
  • Heating: Central
  • Levels: Two
  • Living Area: 2410
  • Living Area Source: Developer
  • Stories: 2

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Area: 4101
  • Lot Size Source: Vendor Enhanced
  • Number Of Buildings: 2

General Information

  • Number Of Units Total: 4
  • Other Structures: Other

204 E 88th St Neighborhood

Community

90003 (Los Angeles) Demographics

29
Median Age
20,870
Population Density (per sq. mile)
10%
College Educated
$42,220
Estimated Median Income
4,717
Estimated Total Home Owners
12,825
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

204 E 88th St Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

204 E 88th St Market Data

Based on the last 30 days in this zip code

$629,258
Average List Price
$499
Average Price per Square Foot
19
Properties Sold
133
Average Days on Market
145
Properties for Sale
Calculations provided by Reliance Network

204 E 88th St History

Date Event Value Agent
5/26/2026Source: CRMLS Price Reduction
$1,245,000 -4.2%
5/26/2026Source: TheMLS (CLAW) Price Reduction
$1,245,000 -4.2%
4/28/2026Source: CRMLS Price Reduction
$1,299,000 -6.9%
4/28/2026Source: TheMLS (CLAW) Price Reduction
$1,299,000 -6.9%
4/15/2026Source: CRMLS Added to Database
April 15, 2026
4/15/2026Source: TheMLS (CLAW) Added to Database
April 15, 2026
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