Address
715 E 87th Place, Los Angeles, CA
Price
$ 725,000
Property Attributes
- ID#PW26202981
- TypeMulti-Family
- Listing Status Active
- CountyLos Angeles
- CityLos Angeles
- Area Mid Los Angeles
- Zip90002
- Style
- Year Built1923
- Price$ 725,000
- Bedrooms0
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1358
- Lot Size0.124 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description
This multi-family property at 715 E 87th Place, Los Angeles, CA 90002, sits on a spacious 5,400 sq ft lot and features two detached homes. A front security gate with motorized opener provides secure access, while a concrete driveway runs along the entire east side, offering additional parking between the two, Two Bedroom One Bathroom units, and leading to a large backyard in the rear. Recent updates include all new ABS drain lines extending to the front of the lot, and complete replacement of the plumbing with new copper lines from the main line to throughout both units. The front unit has new Solid Core Waterproof Vinyl Plank flooring throughout, New Energy Efficient Dual Pane Vinyl Windows, new interior paint, and an indoor laundry room conveniently located off the fully remodeled kitchen featuring White Shaker Cabinets and Quartz Counters. The rear unit features new plywood subfloors topped with Solid Core Waterproof Vinyl Plank flooring, majority of windows upgraded to energy-efficient dual-pane vinyl, fresh interior and exterior paint, plus a fully permitted outdoor laundry area and patio cover. We have a recent termite clearance as well so bring all VA and FHA loans! Located in the Green Meadows neighborhood of South Los Angeles, the property offers easy access to the 110 freeway, public transit, nearby schools, the Green Meadows Recreation Center and Park, retail, and dining, with convenient proximity to Downtown LA and LAX. Front unit is to be delivered tenant occupied.
| Price History | |
|---|---|
| 9/16/2026 | Listed $725,000 |
General Features
| Sewer | Sewer Tap Paid |
|---|---|
| Heating | Wall Furnace |
| Cooling | None |
| Utilities | Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected |
| Roof | Composition |
| Appliances | Disposal,Gas Range |
| Zoning | LAR2 |
| Architectural Style | Ranch |
| Pool Features | None |
| Security Features | Window Bars |
| Construction Materials | Stucco |
| Year Built | 1923 |
| Tenant Pays | Electricity,Gas |
| View | None |
| Stories Count | 1 |
| Levels | One |
| Property Subtype | Duplex |
| Gross Income | 53988 |
| Community Features | Curbs,Gutter(s) |
| County | Los Angeles |
| Net Operating Income | 47129 |
| Operating Expense | 4459 |
| Insurance Expense | 1300 |
| New Construction | false |
| Property Type | Residential Income |
| HOA | false |
| Contingency | Front Unit is Vacant. Rear will be delivered with Current Tenant. |
| Garage Y/N | false |
| Special Listing Conditions | Standard |
| Status | Active |
| Directions | Note, this is on 87th Place, not Street! |
| City | Los Angeles |
| Disclosures | Familial Relation,Principal is Real Estate Licensed,Rent Control |
| Entry Location | 1 |
| Senior Community Y/N | false |
| Number Of Units Total | 2 |
| MLS Area | C16 - Mid Los Angeles |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 5400 |
| Listing Terms | Cash to New Loan,FHA,VA Loan |
| Spa Features | None |
| Property Attached Y/N | false |
| Land Lease Y/N | false |
| Trash Expense | 600 |
| Water Sewer Expense | 2559 |
| Additional Parcels Y/N | false |
| Rent Control Y/N | true |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 107 |
| Property Sub Type Additional | Duplex |
| PostalCity | LOS ANGELES |
Interior Features
| Flooring | Vinyl |
|---|---|
| Fireplace Features | None |
| Total Stories | 1 |
| Common Walls | No Common Walls |
| Air Conditioning Y/N | false |
| Heating Y/N | true |
| Window Features | Double Pane Windows |
| Fireplace Y/N | false |
| Laundry Features | Washer Hookup,Gas Dryer Hookup,Inside,Laundry Room,Outside |
| Entry Level | 1 |
Exterior Features
| Parking Features | Concrete,Driveway |
|---|---|
| Lot Features | Back Yard,Rectangular Lot |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 5400 |
| Foundation Details | Pillar/Post/Pier |
| Number of Buildings | 2 |
| Spa | false |
| Building Area Total | 1358 |
| Lot Size Acres | 0.124 |
| Private Pool | false |
| Lot Size Source | Assessor |
| Number of Separate Water Meters | 1 |
| Number of Separate Gas Meters | 2 |
| Number of Separate Electric Meters | 2 |
| Road Frontage Type | City Street |
| Road Responsibility | Private Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 90002
Price
Year Built
Based on information from California Regional Multiple Listing Service, Inc. as of September 21, 2026 8:08 PM UTC 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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