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For sale
  • Listed by: The R.R. Network • Jan Magana • Contact: jm@richardreyesteam.com
    $950,000

    1221 W 88th St, Los Angeles, CA 90044

    5beds
    4baths
    1,811sqft
    : 
    $6,389/mo
    Get pre-qualified
    Triplex
    Built in 1920
    -- sqft lot
    $951,300 Zestimate®
    $525/sqft
    $-- HOA

    What's special

    Welcome to 1221 W 88th St, a versatile triplex offering an excellent opportunity for investors or owner users. The property features a spacious 3 bedroom, 2 bathroom front house, plus two rear 1 bedroom, 1 bathroom units, providing a total of 5 bedrooms and 4 bathrooms. One unit will be delivered vacant at close of escrow. This is the current owner occupied unit and offers a great opportunity for an owner user to move in while generating rental income from the other two units. The property also offers excellent off street parking. The front driveway accommodates 2 cars, while the rear units have their own separate driveway accessible through the alley, providing parking for up to 5 additional vehicles. The generous parking is a great feature for both residents and guests. With three separate units, a desirable unit mix, substantial parking, and one unit delivered vacant, this property offers flexibility for rental income, extended family living, or an owner user looking to offset expenses with rental income. FHA and VA financing welcome! Conveniently located in South Los Angeles with easy access to major streets, transportation, shopping, dining, and everyday amenities. Don't miss this opportunity to own a triplex with excellent parking and owner user potential.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jan Magana DRE #02164463 jm@richardreyesteam.com,

    The R.R. Network

    Source: CRMLS,MLS#: CV26177943MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      Appliances
      • Laundry: Outside
      Features
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 1,811
      • Total interior livable area: 1,811 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway
      • Uncovered spaces: 6
      Features
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 6,088 Square Feet
      • Features: 0-1 Unit/Acre
      Details
      • Parcel number: 6047005026
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights, Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $525/sqft
      • Tax assessed value: $664,844
      • Annual tax amount: $9,831
      • Date on market: 8/14/2026
      • Listing terms: Cash,Cash to New Loan,Contract,FHA,Submit,VA Loan

        Estimated market value

        $951,300

        $904,000 - $999,000

        $3,116/mo

        Price history

        DateEventPrice
        8/14/2026Listed for sale$950,000+59.4%$525/sqft
        Source: CRMLS #CV26177943 Report a problem
        12/6/2018Sold$596,000-0.7%$329/sqft
        Source: Public Record Report a problem
        10/17/2018Pending sale$599,900$331/sqft
        Source: CENTURY 21 Realty Masters #DW18252709 Report a problem
        10/17/2018Listed for sale$599,900+42.8%$331/sqft
        Source: Century 21 Allstars #DW18252709 Report a problem
        12/18/2016Listing removed$1,150$1/sqft
        Source: Owner Report a problem
        10/21/2015Listing removed$1,150$1/sqft
        Source: Owner Report a problem
        10/20/2015Listed for rent$1,150-2.1%$1/sqft
        Source: Owner Report a problem
        9/30/2014Listing removed$1,175$1/sqft
        Source: Owner Report a problem
        8/31/2014Price change$1,175+6.8%$1/sqft
        Source: Owner Report a problem
        8/6/2014Sold$420,000-2.2%$232/sqft
        Source: Public Record Report a problem
        8/1/2014Listed for rent$1,100$1/sqft
        Source: Owner Report a problem
        5/13/2014Price change$429,500-3.5%$237/sqft
        Source: Estate Planners Realty (d) #DW14064943 Report a problem
        4/1/2014Listed for sale$445,000+61.8%$246/sqft
        Source: Estate Planners Realty (d) #DW14064943 Report a problem
        9/24/2013Sold$275,000-19.1%$152/sqft
        Source: CLAW #13671499 Report a problem
        5/27/2003Sold$340,000$188/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$9,831 +4.8%$664,844 +2%
        2024$9,380 +4.5%$651,809 +2%
        2023$8,974 +4.6%$639,029 +2%
        2022$8,576 +1%$626,500 +2%
        2021$8,494 -0.7%$614,217 +1%
        2020$8,556 $607,920 +2%
        2019$8,556 +30.9%$596,000 +34.3%
        2018$6,535 $443,630 +2%
        2017$6,535 +1.8%$434,932 +2%
        2016$6,418 +2.8%$426,405 +1.5%
        2015$6,243 +29.9%$420,000 +52.7%
        2014$4,807 $275,000 +593.9%
        2011-- $39,631 +0.5%
        2009-- $39,430 +2%
        2008-- $38,658 +2%
        2007-- $37,901 +2%
        2005-- $37,159 +4%
        2004-- $35,719 +1.9%
        2003-- $35,065 +2%
        2002-- $34,378 +4%
        2000-- $33,045
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90044

        Getting around

        77 / 100
        Very Walkable
        58 / 100
        Good Transit
        57 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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