Los Angeles, CA 90002 1616 E 87th Street

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Presented By: Vincent Perez with New Century Homes; 626-255-4176
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# TR25025225
  • 02/03/2025
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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 • 3
  • Baths • 2
  • SQFT • 1,732

Home Details

!!!!!!ATTENTION!!!!!! ATTENTION!!!!!! Two houses on a lot, with approved Blue Prints to be renovated and converted into 3 Units. Currently consist of a 3 Bedroom 2 Bath front house and a 2 Bedroom 1 Bath rear house. Front house was approved by the city to be converted into 2 units, consisting of a 3 bedrooms 1 bath front unit, 1 bedroom 1 bath ADU, (Additional dwelling unit) with the third unit staying as a 2 bedrooms 1 bath. Most of the renovation work has been finished, and a good number of the conversion requirements are done, however, the general contractor die before finalizing the job. Owner acquired bids from other contractors to finish the job. However, due to unforeseen issues out of the owner’s control, they are no longer in a position to continue with the work and finalize the project. It will be up to the new owners to keep it as two units or finish the project to have one more rent.
Presented By: Vincent Perez with New Century Homes; 626-255-4176

Interior Features for 1616 E 87th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 1616 E 87th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsEast Of Compton Ave. South of Firestone
Electric Expense0.0
Electric On Property Y/NNo
Entry LocationFront Door
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
Home Warranty Y/NNo
Insurance Expense1700.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsConventional, Contract, FHA
Lot Size Square Feet5662.0
Lot Size UnitsSquareFeet
MLS AreaC34 - Los Angeles Southwest
MobileHomeRemainsYNNo
Net Operating Income6900.0
New ConstructionNo
Number Of Units Total2
Operating Expense300.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerUnknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot58
Trash Expense900.0
Water Sewer Expense1200.0
Year Built1910
Year Built SourceAssessor
ZoningLCR2YY

Exterior for 1616 E 87th Street

Building Area Total1732.0
Crops Included Y/NNo
Gulf-FrontNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.13
Lot Size Area5662.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $850,000
MLS#TR25025225
List Date 02/03/2025
Property Type Multi-Family
Phone 714.742.6515
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