Los Angeles, CA 90044 1136 W 87th Street

1136 W 87th Street Los Angeles, CA - Image 11136 W 87th Street Los Angeles, CA - Image 21136 W 87th Street Los Angeles, CA - Image 3
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Presented By: Katie Munoz with Keller Williams Beverly Hills;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25519483
  • 04/01/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 2
  • SQFT • 1,834

Home Details

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 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.
Presented By: Katie Munoz with Keller Williams Beverly Hills;

Interior Features for 1136 W 87th Street

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories1

General for 1136 W 87th Street

Additional Parcels Y/NNo
Attached Garage No
Cap Rate7.44
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsWest of Vermont Ave, South of Manchester Ave
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income65472.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet6086.0
Lot Size UnitsSquareFeet
MLS AreaC36 - Metropolitan Southwest
MobileHomeRemainsYNNo
Net Operating Income53201.0
New ConstructionNo
Number Of Units Total2
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Waterfront Y/NNo
Year Built1918
ZoningLCR320U*

Exterior for 1136 W 87th Street

Building Area Total1834.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1397
Lot Size Area6086.0
Number of Buildings3
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking4.0

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $715,000
MLS#25519483
List Date 04/01/2025
Property Type Multi-Family
Phone 714.742.6515
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