Investor Opportunity – 3 Units in Prime Los Angeles Location
Rare chance to own a fully tenant-occupied triplex in the heart of Los Angeles, perfect for the seasoned or beginner investor seeking steady rental income from day one. This unique property features a charming front 2-bedroom house and two additional 1-bedroom units, each located on the second level of their respective structures, offering privacy and elevated living.
Situated within walking distance to public transportation, shopping, and local amenities, this location offers strong tenant demand and long-term rental appeal. The property will be delivered as-is and with tenants in place, presenting a turnkey investment opportunity with no vacancy downtime.
Don't miss this solid income-generating property in one of L.A.’s high-demand rental markets.
For sale
Listing Provided by:
Venus Martinez DRE #01206834 562-201-3772,
Redfin Corporation,
Robert Sterling DRE #01305201 714-584-2700,
Redfin Corporation
Price cut: $49K (7/28)
$550,000
231 W 88th St, Los Angeles, CA 90003
4beds
1,907sqft
Est.:
Triplex
Built in 1912
-- sqft lot
$554,300 Zestimate®
$288/sqft
$-- HOA
What's special
Privacy and elevated living
- 86 days
- on Zillow |
- 1,571 |
- 115 |
Zillow last checked: 7 hours ago
Listing updated: July 28, 2025 at 10:46am
Listing Provided by:
Venus Martinez DRE #01206834 562-201-3772,
Redfin Corporation,
Robert Sterling DRE #01305201 714-584-2700,
Redfin Corporation
Source: CRMLS,MLS#: SB25093047
Originating MLS: California Regional MLS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 4
Rooms
- Room types: Bedroom, Kitchen, Living Room
Bedroom
- Features: Bedroom on Main Level
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Tub Shower
Kitchen
- Features: Laminate Counters
Heating
- Wall Furnace
Cooling
- None
Appliances
- Laundry: None
Features
- Laminate Counters, Multiple Staircases, Unfurnished, All Bedrooms Down, Bedroom on Main Level
- Flooring: Carpet, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,907 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Garage Faces Front, Garage
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: door
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Fair Condition
- Has view: Yes
- View description: None
Lot
- Size: 5,351 Square Feet
- Features: Lawn
Details
- Parcel number: 6040020007
- Zoning: LAR3
- Special conditions: Standard,Trust
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $288/sqft
- Tax assessed value: $44,653
- Annual tax amount: $938
- Date on market: 5/12/2025
- Listing terms: Cash,Cash to New Loan,Conventional
- Loading
- Loading