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5-Unit Apartment Building
For Sale
Contact for pricing
Pending

1149 W 88th St, Los Angeles, CA 90044

Five one-bedroom residences span four buildings, including individual California-style bungalows and units above a garage.

Property Size2,664 SF
Days on Market145

Property Features for 1149 W 88th St

General Information

Standard status Pending
Size 2,664 SF
Total Parking Spaces 4
Property subtype Multifamily

Financials

Cap Rate 5.7%
Gross Rent Multiplier 12.5

Units

Unit Mix 5 x 1BR
Multifamily Units 5

Building Details

Buildings 4
Listing Agency: KW Commercial KW Commercial - Downtown LA
Listed By: Michael Hayes · License #CA 01936889
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 7:05AM

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 KW Commercial KW Commercial - Downtown LA

Investment Insights

Based on property information with market context.

This five-unit apartment property at 1149 W 88th St includes five one-bedroom residences distributed among four buildings. Three units occupy individual California-style bungalows, while two are positioned above a four-car garage. The buildings total approximately 2,664 square feet, and the garage adds approximately 1,050 square feet. The units are described as being in very good condition, with maintained grounds.

All five tenants are reported to participate in the Section 8 program. The property is identified with a 5.7 Cap and a 12.5 GRM. The existing garage is described as convertible to ADUs, subject to buyer verification. Located in Los Angeles, California, the property is offered for sale and is available for drive-by viewing only; tenants should not be disturbed.

Key Highlights

  • Five one‑bedroom units across four buildings
  • Three individual California‑style bungalows
  • Approximately 2,664 square feet across the buildings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,085
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five one-bedroom residences span four buildings, including individual California-style bungalows and units above a garage.
Where is this apartment building located?
The property is located at 1149 W 88th St Los Angeles, CA.
What are key features of this property?
This property features: Five one‑bedroom units across four buildings; Three individual California‑style bungalows; Approximately 2,664 square feet across the buildings
More about this property
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