Los Angeles, CA 90002 902 E 87th Place

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Presented By: Roderick Elzy with Coldwell Banker Realty;
  • MLS# 24374715
  • 04/01/2024
  • Request Tour
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  • BedBeds • 4
  • BathBaths • 3
  • FootageSQFT • 1,878
  • GarageGarage • 2

Home Details

Welcome to an amazing opportunity to own a triplex with tons of upside located in the heart of Los Angeles! Upon arrival, you will be greeted by a well-manicured front lawn that is surrounded by lush greenery. This property offers a tremendous amount of charm and original character. First time on the market in more than 50 years, this well-maintained triplex is perfect for an owner user looking to live in one unit while renting out the other two units, or a savvy investor. This multi-unit property consists of (One) 2-bedroom, 1-bathroom front house and (Two) 1-bedroom, 1-bathroom side-by-side, detached rear units. The one-bedroom units have identical floor plans that include spacious living rooms that flow seamlessly into the cozy kitchen and dining areas. Flooded with natural light from the large windows throughout, both units offer large bedrooms with generous closet space. You'll find spacious bathrooms in both units equipped with new tile in the shower. Other notable features include wall heaters (in both one-bedrooms), a washer and dryer in the front unit, fresh paint inside, new carpet in both one-bedroom units and new tile flooring in the kitchen and bathroom in the first one-bedroom unit behind the front house. The front house comes with its own two-car garage and each unit has separate utility meters. Enjoy a cozy backyard that can be accessed by all three units and is perfect for intimate year-round gatherings with friends and family. This property is located within close proximity to parks, schools, public transit and major freeways. With vision and a little creativity, you can turn this into the property of your dreams! Don't miss this fantastic opportunity to own a property that offers so much potential!
Presented By: Roderick Elzy with Coldwell Banker Realty;

Interior Features for 902 E 87th Place

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringCarpet
Heating Y/NYes
Laundry FeaturesInGarage
Street SuffixPlace
Total Stories

General for 902 E 87th Place

Additional Parcels Y/NNo
AppliancesMicrowave, Refrigerator, Dryer, Washer
Architectural StyleTraditional
Attached Garage No
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
Days on Market14
DirectionsNorth of Century Blvd., South of Manchester Ave., West of Central Ave and East of Avalon Blvd.
DisclosuresListingBrokerAdvantage, TrustConservatorship
Garage Spaces2.0
Garage Y/NYes
Gross Income25992.0
HOA / Comm AssnNo
HeatingFloorFurnace, WallFurnace
Home Warranty Y/NNo
Insurance Expense2076.0
Interior FeaturesCeilingFans
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, FHA
Lot Size Square Feet5298.0
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income20258.0
New ConstructionNo
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Street Name87th
Taxes$1,258
Total Units3
ViewNone
View Y/NNo
Water Sewer Expense1440.0
Waterfront Y/NNo
Year Built1949
ZoningLAR2

Exterior for 902 E 87th Place

Building Area Total1878.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1216
Lot Size Area5298.0
Lot Size UnitsSquareFeet
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesDoorMulti, Garage, OnStreet
SpaNo
Total Parking2.0

Additional Details

Price History

1527188455

First Team Client Services

Price $615,000
MLS#24374715
List Date 04/01/2024
Property Type Multi-Family
Phone 714.964.3311
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Request Info
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