1136 W 87th Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Active
Purchase Type For Sale
Square Footage 1,834 sqft
Price per Sqft $389
MLS Listing ID CL25519483
Bedrooms 5
HOA Y/N No
Year Built 1918
Lot Size 6,086 Sqft
Acres 0.14
Property Sub-Type OTHER
Property Description
This is a rare opportunity to acquire a FULLY VACANT 2-unit income property at 1136 W 87th St, Los Angeles, CA 90044. Presented exclusively by PartnersCRE, this asset offers strong investment potential in a prime location, just minutes from Downtown LA. Situated on a spacious 6,084 SF LCR320U-zoned lot, this well-maintained duplex offers an excellent opportunity for both investors and owner-occupiers. Built in 1918, the property retains its original charm while providing potential for modernization. The front unit, a 3-bedroom, 1-bathroom home, WILL be delivered vacant, allowing new owners to set market rent or capitalize on Section 8 Voucher Payment Standards of up to $3,528 per month. The rear 2-bedroom, 1-bathroom unit, currently rented at $1,928/month, CAN be delivered vacant with upside to $2,748 under Section 8. Adding to its appeal, the property includes a detached two-car garage that WILL also be delivered vacant. Equipped with electricity, plumbing, and sewage, the garage is perfectly suited for an ADU conversion, providing an excellent opportunity for additional rental income or personal use. The lot's size and zoning offer flexibility for future expansion or redevelopment, making it an attractive investment. Located just a short drive from SoFi Stadium and Hollywood Pa
Location
State CA
County Los Angeles
Zoning LCR3
Interior
Heating Central
Cooling Central Air
Fireplace No
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 6047004027