1155 W 87th Street Los Angeles, CA $ 699,950
1155 W 87th Street
$ 699,950
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1155 W 87th Street

Los Angeles, CA, 90044
$ 699,950
Bedrooms3 Baths3.0 Sq 1,478

Monthly Estimate*

$ 4,652

Listed by Keller Williams North Valley
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Multi-Family Home for sale in Los Angeles, CA

for $699,950 with 3 bedrooms and 3 full baths. This 1,478 square foot home was built in 1917 on a lot size of 0.1519.

Welcome to your prime investment opportunity nestled in the vibrant heart of Southwest LA. Positioned west of Vermont Ave and south of Manchester Ave, this enchanting triplex boasts Spanish-style architecture, promising both timeless charm and modern appeal. Comprising three captivating 1 Bedroom & 1 Bathroom units, this property presents a compelling prospect for investors seeking both stability and growth. Unit 1, situated at the front of the triplex, awaits its next tenant, offering a blank canvas for your vision. The front units have undergone a complete transformation, featuring new laminate flooring, fresh interior paint, sleek quartz countertops, and upgraded fixtures including new toilets and bathroom vanities. With clay tile roofing and efficient wall heaters, each unit embodies quality craftsmanship and attention to detail. Strategically located, this property grants easy access to a myriad of amenities, including banks, schools, shopping centers, restaurants, and hospitals, ensuring unparalleled convenience and comfort for tenants. Whether you're a seasoned investor or embarking on your first foray into real estate, this triplex presents an unmissable opportunity to capitalize on the thriving Southwest LA market. Don't let this chance slip away—unlock the potential for lucrative returns on your investment today.

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Multi-Family Pending

Price

$ 699,950

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.1519

Year Built

1917

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24094634

Days on Market

25

Features
General
Sewer PublicSewer
Heating WallFurnace
Zoning LCR320U*
HOA 0.0
Garage Spaces 0.0
Pool Features None
Year Built 1917
Tenant Pays AllUtilities
View Neighborhood
Stories 1
Levels One
Property SubType Triplex
Gross Income 43704.0
Community Features Gutters StreetLights Sidewalks Urban
County Los Angeles
Net Operating Income 62504.0
Operating Expense 5200.0
Insurance Expense 1600.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions South of Manchester Avenue & West of Vermont Avenue
City Los Angeles
Entry Location Front
View Y/N Y
Senior Community Y/N N
NumberOfUnitsTotal 3
MLS Area C36 - Metropolitan Southwest
Lot Size Units SquareFeet
Lot Size Square Feet 6617.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 2
Street Name 87th
Listing Terms Cash Conventional
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 1000.0
Water Sewer Expense 2600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 10
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 96
Total Actual Rent 3642.0
Property Sub Type Additional Triplex
Taxes 9375.0
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Exterior
Fencing WroughtIron
Parking Features None
Lot Features Item25UnitsAcre
Water Source Public
Total Parking 0.0
Lot Size Area 6617.0
Number of Buildings 2
Spa N
Building Area Total 1478.0
Lot Size Acres 0.1519
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
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Interior
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 0
Electric On Property Y/N N
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Internal Only
Street Number 1 1155
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* Excluded Features
List By
Keller Williams North Valley

Broker

(818) 491-4500

Phone

Affordability Calculator

$4,652
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,652
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/16/2024$699,950 -6.55% Price Down
5/10/2024$749,000 Listed Price

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1155 W 87th Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $699,950 with 1,478 sqft and a lot size of 0.1519. 1155 W 87th Street has 3 bedrooms, 3.0 baths, and was built in 1917. The property's zip code is 90044 which is in Los Angeles, CA