1329 W 88th, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This 7-plex is a High-Potential Investment Opportunity, listed at $1,950,000—positioned well below the $2,327,386 Fair Market Value by 16%. This valuation gap offers $377,386 in Instant Equity for the savvy buyer. Featuring an Extensive Recent Upgrade status and a Condition Rating of 2, the property includes a new ADU and eight empty garages. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to maximize rental income through strategic ADU development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1329 W 88th Subject | $1,950,000* List Price | 0 | 0 | 5,882 | $396 | - |
A 9307 S Budlong Sold | $2,100,000 | 0 | 0 | 4,918 | $427 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features extensive recent renovations (under 5 years) including brand new kitchens with grey shaker cabinets, stone countertops, and new appliances still in protective film. Modern mini-split HVAC systems have been installed throughout, along with new flooring, windows, and roofs, placing the remodeled units in mint condition.
The property features eight empty garages and a large double parcel lot with existing digital site plans for additional ADU conversions, offering a clear path to maximize rental income.
The asset is highly remodeled with a brand-new ADU, new roofs, and fresh paint across all four buildings, significantly reducing immediate capital expenditure requirements for a new owner.
With two fully remodeled units and a third unit currently vacant, the property is ideal for an owner-occupant or an investor looking to immediately secure market-rate tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5882, other record living area = 5635.
Operating a multi-building 7-plex with ongoing potential for ADU construction requires sophisticated property management and oversight compared to single-structure investments.
The $1.95M entry price, combined with the capital needed to execute the proposed ADU conversions, necessitates a buyer with substantial liquidity and strong financing.
Unique opportunity to own a highly remodeled Spanish style home (7-Plex) in an UNINCORPORATED area of Los Angeles known as Westmont that comes with 6 more homes/units that have a private community feel! This Property has been extensively upgraded inside and outside with a NEW ADU, fresh paint on all 4 buildings, new roofs, and much more. This double parcel lot offers 12,246(SF) of spacious living environment with plenty of room for parking or gatherings. Currently the property has 2 fully remodeled units (with city permits) waiting for an owner-occupant to enjoy or to be rented for max market rent along with 3rd empty unit. Additional benefits of this property are 8 empty garages and a potential laundry room. With this large lot and all garages currently empty, the owner has invested in digital site & floor plans for all the 4 buildings and garages to use for potential ADU’s which would increase the monthly rental income. Adjacent duplex is also available for purchase, creating an opportunity to expand your investment portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 1.0 |
| Square foot | 5,882 | 2,864 |
| Lot Size | 12,246 | 7,003 |
| Price | $1.95M | $1.58M |
| Price per sq ft | $332 | $319 |
| Built year | 1939 | 1929 |
| HOA | $0 | $907 |
| Days on market | 2 | 91 |
Jul 20, 2026
$1,950,000
Initial Listing