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Modern Duplex Residence
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2032 88th Street, Los Angeles, CA 90047

Los Angeles, CA

Property Size890 SF
Lot Size0.12 Acres
Price / SF$3.93
Days on Market108

Property Features for 2032 88th Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Laundry Room, Kitchen
Window features Double Pane Windows
Pets allowed Call
Appliances Refrigerator, Range Hood, Gas Oven
Lot features 0-1 Unit/ Acre, Yard
Elementary school district Los Angeles Unified
Middle school district Los Angeles Unified
High school district Los Angeles Unified
Directions West on Manchester, south on Gramercy Pl, West on 88th street
Subdivision C34 - Los Angeles Southwest
Standard status Active
APN 6036006001
Size 890 SF
Lot size 0.12 Acres

Utilities

Sewer type Public Sewer
Heating system Ductless (Heating)
Cooling system Ductless
Water source Public

Building Details

Year built 2026
Floors in Building 1
Number of units 1
Building materials Stucco
Architectural style Modern
Listing Agency: Compass
Listed By: Anthony Aldridge · License #01946998
Added: Jul 8 Changed: Oct 20 Last Checked: Oct 23 at 9:06PM
MLS# IN26149617

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This modern duplex residence was built in 2026 and offers 890 square feet with three bedrooms and two bathrooms. The interior is arranged around an open kitchen, living, and dining concept, with natural light and a contemporary finish palette. A stucco exterior, darker-framed windows, curated landscaping, ductless heating, and ductless cooling complete the property’s design profile.

The residence is located at 2032 88th Street in Los Angeles, California 90047, with public water and public sewer service. The property sits on a 0.124-acre lot and includes a laundry room, gas oven, range hood, and refrigerator.

Key Highlights

  • Duplex property with 890 square feet
  • Three bedrooms and two bathrooms
  • Built in 2026 with modern architectural style

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$1,101,423
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,028,460 $22.0M
Cap Rate 7%
$15,734,614 $15.7M
Cap Rate 9%
$12,238,033 $12.2M
Market Conditions
NOI Build-Up for 890 SF
Gross rent
$2.02M $2,265.96/SF
− Vacancy
−$14.1K −$15.86/SF
EGI
$2.00M $2,250.10/SF
− OpEx
−$901.2K −$1,012.54/SF
NOI
$1.10M $1,237.55/SF
Area
Los Angeles, CA
Vacancy
0.70%
Lease Rate
$2,265.96 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$22,028,460
Cap Rate 7%
$15,734,614
Cap Rate 9%
$12,238,033

Alternative Uses

Best Use
Multifamily LT 5
$18.03M
$15.78M – $21.04M (±1% cap)
NOI $1,262,161 @ 7.0% cap · market cap 36,061.74%
Second Best
Apartment 5plus
$15.73M
$13.77M – $18.36M (±1% cap)
NOI $1,101,423 @ 7.0% cap · market cap 31,469.23%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Location Intelligence

Trade Area within ½ mile

920
Businesses Nearby

Demographics for 90047, CA

50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Newly built modern duplex with an open layout, designer kitchen, and contemporary stucco exterior.
Where is this duplex located?
The property is located at 2032 88th Street Los Angeles, CA.
What are key features of this property?
This property features: Duplex property with 890 square feet; Three bedrooms and two bathrooms; Built in 2026 with modern architectural style
More about this property
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