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Multifamily Property with Backyard
For Sale
$780,000

855 E 88th Place, Los Angeles, CA 90002

Multifamily property with a backyard and possible ADU opportunity, subject to zoning and permitting requirements.

Property Size1,472 SF
Price / SF$529.89
Days on Market10

Property Features for 855 E 88th Place

General Information

Standard status Active
Size 1,472 SF
Property subtype Multi-Family

Building Details

Year Built 1925
Listing Agency:
Listed By: Accardo Real Estate Associates - AREA
Source: Naylorproperties
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 30 at 1:01PM

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 Accardo Real Estate Associates - AREA

Investment Insights

Based on property information with market context.

This multifamily property includes a generously sized backyard and was built in 1925. The outdoor area may support consideration of an accessory dwelling unit, subject to applicable zoning requirements and all necessary permits.

The property is located at 855 E 88th Place in Los Angeles, California 90002. Its recorded property size is 1472.

Key Highlights

  • Generously sized backyard
  • Potential for an ADU, subject to zoning and required permits
  • Built in 1925

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Gym & Fitness Center

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

Location Intelligence

Trade Area within ½ mile

1,054
Businesses Nearby

Demographics for 90002, CA

53,150
Population
13,808
Households
3.8
Avg Household Size
30
Median Age
8%
College-Educated
53%
High-School Grad
3.0 sq mi
ZIP Area
17,717
Density / Sq Mi
$56,158
Median Household Income
$29,680
Median Earnings
$1,509
Median Rent
$502,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Multifamily property - Multifamily property with a backyard and possible ADU opportunity, subject to zoning and permitting requirements.
Where is this multifamily property located?
The property is located at 855 E 88th Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: Generously sized backyard; Potential for an ADU, subject to zoning and required permits; Built in 1925
More about this property
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