CA > Los Angeles
Los Angeles, CA 90044,1136 W 87th St
Los Angeles, CA 90044,1136 W 87th St
Los Angeles, CA 90044,1136 W 87th St
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Richard Piscani

Richard Piscani

+1(818) 802-7620
$715,000
Est. payment /mo
5 Beds
2 Baths
1,834 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,834 sqft

Price per Sqft $389

MLS Listing ID 25519483

Bedrooms 5

Year Built 1918

Lot Size 6,086 Sqft

Acres 0.1397

Property Sub-Type Multi-Family

Property Description

PartnersCRE is proud to exclusively present a prime 2-Unit Residential Income Property with incredible investment potential at 1136 W 87th St, Los Angeles, CA 90044, just minutes from Downtown Los Angeles. 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 unit, a 2-bedroom, 1-bathroom home, is currently tenant-occupied, generating $1,928 per month, with the potential to increase to $2,748 under Section 8. Adding to its appeal, the property includes a detached two-car garage that will 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 Park, this property benefits from the rapid growth and revitalization of Inglewood's booming entertainment district. With the stadium hosting world-class concerts, major sporting events, and year-round attractions, the area continues to draw demand from renters seeking a prime location with easy access to premier amenities. Additionally, the property enjoys excellent connectivity with the 110 and 105 freeways, ensuring a seamless commute to key areas throughout Los Angeles.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LCR320U*

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Central

Equipment None

Exterior

Parking Features Driveway

Garage Spaces 4.0

Building

Story 1

Level or Stories One

Others

Special Listing Condition Standard

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Listed by Keller Williams Beverly Hills

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Richard Piscani

+1(818) 802-7620

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