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Status: ACTIVE

632 E 87th Pl 
Los Angeles, CA 90002

14% Drop

$700,000

$600,000

------/mo*
Calculate
First Time on the Market in Over 50 Years! This rare opportunity offers tremendous potential for investors and first-time buyers looking for a project. Situated on a flat, R2-zoned lot of over 5,300 sq ft, this property allows for the development of a 2 units plus an additional ADU (please verify with LADBS)perfect for generating future income or expanding your living space. The existing home spans over 1,500 sq ft and features 3 spacious bedrooms and 2 bathrooms. One bedroom is currently being used as a living area, providing flexible layout options. Additional highlights include an indoor laundry room, bonus office space, and an extra-long paved driveway offering ample parking. Enjoy a fully fenced, oversized backyardideal for privacy, entertaining, or relaxation. Centrally located with quick access to public transportation, the 110 and 105 freeways, Downtown LA, USC, USC Medical Center, the KIA Forum, SoFi Stadium, Intuit Dome, and LAX. Also close to Green Meadows Recreation Center, numerous K12 schools, supermarkets, and the world-famous Roscoes Chicken & Waffles. With the 2028 LA Olympics on the horizon, now is the perfect time to invest in this promising property!
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Bedrooms
3
Baths
2
House Size
1,503 sqft
Year Built
1923
Lot Size
0.12 ac

Location

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Interior Information

cooling
Wall/window Unit(s)
flooring
Carpet
laundry features
Washer Hookup

Exterior Information

patio and porch
Patio

Property Information

community
Curbs
Sidewalks
parking
Gated
sewer
Public Sewer
water source
Public
  • Listed By Natalie Alchadeff
  • natalie@hbgroupRE.com
  • (310) 600-1829
  • Equity Union
  • (818) 989-2000
  • veronica@equityunion.com
  • MLS SR25223729

Monthly Payments Calculator

Estimated Monthly Cost

$3,861

30 year fixed·6.9% interest rate
Principal & Interest
$3,161
Property Taxes
$500
Home Insurance
$200
HOA Fees
$0
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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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