Apartment Building with ADU
For Sale
$1,888,000
1050 West 88th Street, Los Angeles, CA 90044
Fully leased multifamily property with separately metered gas and electricity.
Property Size6,480 SF
Price / SF$291.36
Days on Market501
Property Features for 1050 West 88th Street
General Information
Standard status
Active
Size
6,480 SF
Total Parking Spaces
2
Property subtype
Commercial Sale / Multi Family
Zoning
LCR320U
Net Operating Income
$142,768
Building Details
Year Built
1959
Buildings
1
Listing Agency:
DREAM LIFE REALTY
(323) 899-6660
Listed By:
Alejandrina Vides · License #01382379
(323) 899-6660
Source:
Compass
Added: Apr 18, 2025
Changed: Aug 30
Last Checked: Aug 30 at 7:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DREAM LIFE REALTY
Investment Insights
Based on property information with market context.
Built in 1959, this Los Angeles apartment property contains 8 units across a 6,480-square-foot building. The existing unit mix includes 6 two-bedroom, one-bath apartments and 2 one-bedroom, one-bath apartments, with all units currently leased. Gas and electricity are separately metered for the units.
Plans have been submitted for 2 additional ADUs, each designed with 2 bedrooms and 1 bathroom, with delivery described as ready for issuance. The property is zoned LCR320U and sits at 1050 West 88th Street in Los Angeles. Public transportation and freeway access are nearby, providing connectivity to the surrounding area.
Plans have been submitted for 2 additional ADUs, each designed with 2 bedrooms and 1 bathroom, with delivery described as ready for issuance. The property is zoned LCR320U and sits at 1050 West 88th Street in Los Angeles. Public transportation and freeway access are nearby, providing connectivity to the surrounding area.
Key Highlights
- 8‑unit apartment property with 6,480 square feet
- Unit mix includes 6 two‑bedroom, one‑bath units and 2 one‑bedroom, one‑bath units
- Plans submitted for 2 ADUs, each with 2 bedrooms and 1 bathroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Explore this area
Business Placement
Demographics for 90044, CA
94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully leased multifamily property with separately metered gas and electricity.
Where is this apartment building located?
The property is located at 1050 West 88th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,888,000.
What are key features of this property?
This property features: 8‑unit apartment property with 6,480 square feet; Unit mix includes 6 two‑bedroom, one‑bath units and 2 one‑bedroom, one‑bath units; Plans submitted for 2 ADUs, each with 2 bedrooms and 1 bathroom
