1525 E 87th Place Los Angeles, CA ^$ 649,000

1525 E 87th Place

^$ 649,000

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1525 E 87th Place

Los Angeles, CA, 90002

^$ 649,000

Bedrooms2 Baths1.0 Sq 1,541

Monthly Estimate*

^$ 4,533

Listed by Century 21 A Better Service

1525 E 87th Place, Los Angeles, CA 90002 - Image 1

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Multi-Family Home for sale in Los Angeles, CA

for $649,000 with 2 bedrooms and 1 full bath. This 1,541 square foot home was built in 1951 on a lot size of 0.1301.

Introducing a prime investment opportunity in Los Angeles, this meticulously maintained residential income property features three units offering desirable layouts and amenities. The front unit comprises a spacious 2-bed, 1-bath layout, while the two rear units offer cozy 1-bed, 1-bath and 2-bed 1-bath accommodations. Ample parking, a long driveway, and a large lot enhance convenience and potential. With a strong rental history and promising returns, this property presents an excellent opportunity for investors seeking a hassle-free income stream in a sought-after location. Don't miss out on this lucrative investment prospect! (This Property is part of Los Angeles County, not city!)

Multi-Family Pending

Price

^$ 649,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Triplex

Lot Size

0.1301

Year Built

1951

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

DW24039753

Days on Market

Features

General

Sewer PublicSewer

Zoning LCR2*

Garage Spaces 0.0

Pool Features None

Year Built 1951

Property SubType Triplex

Gross Income 51876.0

Community Features StreetLights Sidewalks

County Los Angeles

Net Operating Income 51876.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions Off of Compton Ave & 87th Pl.

City Los Angeles

Entry Location Front.

View Y/N N

Senior Community Y/N N

Total Units 3

MLS Area 699 - Not Defined

Lot Size Square Feet 5666.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 87th

Listing Terms Cash Conventional Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 34

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 80

Property Sub Type Additional Triplex

Exterior

Lot Features BackYard FrontYard Landscaped RectangularLot

Water Source Public

Total Parking 0.0

Lot Size Area 5666.0

Number of Buildings 1

Spa N

Building Area Total 1541.0

Lot Size Acres 0.1301

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Place

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1525

* Excluded Features

List By

Century 21 A Better Service

Broker

(562) 806-1000

Phone

Affordability Calculator

$4,533

Per Month

Monthly Principal & Interest: $4,533
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,020,253

Percent of Sale Price 211%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
2/27/2024	$649,000		Listed Price

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1525 E 87th Place, Los Angeles, CA, 90002 is a Multi-Family Home for sale at $649,000 with 1,541 sqft and a lot size of 0.1301. 1525 E 87th Place has 2 bedrooms, 1.0 baths, and was built in 1951. The property's zip code is 90002 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1525 E 87th Place

Multi-Family Home for sale in Los Angeles, CA

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