1030 W 88th Street 1/4, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
1030 W 88th Street 1/4
Los Angeles, California 90044
Property Price
SUMMARY
Analysis of 1030 W 88th Street 1/4, Los Angeles, California 90044 is currently available with a list price of $1,199,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1911, the listing explicitly states 'FULLY REMODELED,' which is strongly supported by the provided images. The property features new laminate flooring throughout, freshly painted walls, and updated light fixtures including ceiling fans and recessed LEDs. The kitchens are equipped with new white cabinets, black appliances, and modern sinks. Bathrooms also appear fully renovated with new tub/shower combos, modern console sinks, and updated fixtures. All visible components are new or virtually new, indicating a comprehensive recent renovation that meets current quality standards for a functional, move-in ready property with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Guaranteed & High Rental Income
All four units are Section 8 tenants, providing a stable and guaranteed monthly income of $8,192, which significantly minimizes vacancy and payment risks for an investor.
- Fully Remodeled Quadruplex
The property is a fully remodeled 4-plex, offering modern living spaces across its diverse unit mix (4-bed, 2-bed, two 1-bed units), making it an attractive turnkey investment.
- Significant ADU Potential
The property offers potential for adding Accessory Dwelling Units (ADUs), which presents a substantial opportunity for future value appreciation and increased rental income.
CONSRISKS & DEFICIENCIES
- Age of Structure
Built in 1911, despite being fully remodeled, the underlying infrastructure of an older building may still present unforeseen maintenance challenges or require more significant capital expenditures over time compared to newer constructions.
- Section 8 Tenant Concentration
While beneficial for income stability, having all tenants on Section 8 could potentially narrow the future buyer pool or introduce specific management considerations unique to government-assisted housing programs.
- ADU Development Responsibility
The explicit note that the 'Buyer is to do their own due diligence and obtain any permits with the city!' for ADU potential indicates that this value-add opportunity requires significant effort, time, and financial investment from the buyer, rather than being a ready-to-execute plan.
About 1030 W 88th Street 1/4
FULLY REMODELED 4-PLEX includes a Main house with 4 bedroom 2 bath - Rent $3243 (Sec 8), One 2 bedroom 1 bath - Rent $1970 (Sec 8), and TWO 1 bedroom 1 bath - Rent $1487 and $1492 (both Sec 8). A total rental income of $8,192 per month. There are 3 covered garages and a total parking spaces for 8-10 cars with potential for ADU's. Buyer is to do their own due diligence and obtain any permits with the city! With all tenants being section 8, this is a SOLID INVESTMENT PROPERTY waiting to be acquired. So don't miss out and submit your offer TODAY!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1911
- Lot Size
- 6,087 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,900 | 2,304 | 74% |
| Lot Size | 6,087 | 6,087 | 50% |
| Price | $1.20M | $835.0K | 89% |
| Price per sq ft | $413 | $378 | 58% |
| Built year | 1911 | 1923 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 218 | 226 | 47% |
Pricing History
Listed for Sale
Nov 2, 2025
$1,199,000
$1,199,900
+0% Price Increase
Initial Listing
Price Change
Jul 31, 2025
$1,199,900
Initial Listing