1230 88th, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This High-Income Residential Asset is listed at $889,000, reflecting the premium value of its income-generating configuration against a $771,427 Fair Market Value. The property is divided into Five Separate Living Units, offering a high-density Value-Add opportunity for significant rental yield. Currently maintaining a Fair Condition Rating, the residence is positioned within the Los Angeles Unified district, benefiting from the 2028 Olympics Revitalization corridor. This is a strategic acquisition for Buy-and-Hold Investors or House-Hackers seeking to leverage multi-unit cash flow to offset mortgage obligations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1230 88th Subject | $889,000* List Price | 0 | 0 | 1,378 | $560 | - |
A 614 W 90th Street Sold | $675,000 | 2 | 1 | 1,424 | $474 | 0.7 mi |
B 834 W 95th Sold | $745,000 | 4 | 2 | 1,645 | $453 | 0.6 mi |
C 1325 W 84th Place Sold | $690,000 | 3 | 2 | 1,238 | $557 | 0.3 mi |
D 747 W 99th Sold | $650,000 | 3 | 2 | 1,274 | $510 | 0.9 mi |
E 1117 W 81st Street Sold | $785,000 | 2 | 1 | 1,232 | $637 | 0.6 mi |
F 1026 W 101st Street Active | $650,000 List Price | 3 | 1 | 1,369 | $475 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1980, falls within the 'fair' category as it is over 40 years old with no record of recent major renovations. The exterior shows signs of deferred maintenance, such as an unkempt lawn and cluttered side yards. A significant concern is the conversion of a 1,378 sqft single-family home into five separate units, which indicates extremely high density and likely results in significant wear and tear on interior systems and finishes. The absence of interior photos and the 'do not disturb occupants' instruction suggest that the kitchens, bathrooms, and flooring are likely dated and may require updates to meet current market standards.
The property is configured into five separate living units with strong rental history, providing a unique opportunity for significant cash flow or a heavily subsidized mortgage payment for an owner-occupant.
With a diverse mix of unit sizes including 3-bed, 2-bed, and studio options, the layout is perfectly suited for large multi-generational families seeking private yet connected living arrangements.
Located in a high-growth pocket of Los Angeles benefiting from massive infrastructure investment ahead of the 2028 Olympics, the property offers strong potential for long-term capital appreciation.
As a single-family residence converted into five units, the property may present significant challenges regarding legal occupancy, unpermitted work, and the ability to secure traditional financing.
The total living area of 1,378 square feet is extremely small for five units, resulting in very cramped quarters that may lead to higher tenant turnover and increased wear on the property.
LIVE IN THIS PROPERTY FOR A VERY LOW MORTGAGE PAYMENT, CALL AGENT TO ASK HOW. Single family home that has been converted to five separate spaces. Showing as a 3 bed, a 2 bed, two 1 bed, and one studio with strong rents. Perfect property for multi generational living! Home is divided for private living for multiple families . Conveniently located near schools, freeways, shopping and entertainment. Los Angeles continues to see major revitalization and long-term investment, with billions being poured into infrastructure, transportation, and development ahead of the 2028 Olympics. Do not disturb occupants, contact listing agent for showings. Buyer to do their due diligence. Do not disturb occupants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 3% |
| Baths | 0.0 | 2.0 | 3% |
| Square foot | 1,378 | 1,340.5 | 57% |
| Lot Size | 6,086 | 5,278.5 | 67% |
| Price | $889.0K | $662.5K | 96% |
| Price per sq ft | $645 | $511 | 90% |
| Built year | 1980 | 1928 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 181 | 21% |
Apr 9, 2026
$889,000
$899,000
-1% Price Drop
Initial Listing
Feb 25, 2026
$899,000
$950,000
-5% Price Drop
Initial Listing
Jan 12, 2026
$950,000
Initial Listing
Jun 17, 2024
$799,000
Public Record
Apr 26, 2016
$390,000
Public Record
Apr 23, 2010
$300,000
Public Record
Nov 13, 2009
$130,000
Public Record
Aug 3, 2006
$402,000
Public Record