1330 W 87th Street Los Angeles, CA ^$ 790,000

1330 W 87th Street

^$ 790,000

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1330 W 87th Street

Los Angeles, CA, 90044

^$ 790,000

Bedrooms2 Baths1.0 Sq 1,944

Monthly Estimate*

^$ 5,251

Listed by Keller Williams Realty Calabasas

1330 W 87th Street, Los Angeles, CA 90044 - Image 1

1330 W 87th Street, Los Angeles, CA 90044 - Image 2

1330 W 87th Street, Los Angeles, CA 90044 - Image 3

1330 W 87th Street, Los Angeles, CA 90044 - Image 4

1330 W 87th Street, Los Angeles, CA 90044 - Image 5

1330 W 87th Street, Los Angeles, CA 90044 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $790,000 with 2 bedrooms and 1 full bath. This 1,944 square foot home was built in 1922 on a lot size of 0.1398.

Great investor or owner opportunity! Property comes with approved paid plans to build a rear 1,560 sqft Duplex. Current front Duplex is 1,944 sqft and currently making $4,200/m. Rear duplex once built could be bringing in $5,800/m. Total income could be $10,000/m. Property has a very large lot with plenty of parking available. All architectural, engineerings and plans have been paid, once closed you can break ground right away. Contractor bid also available for project. A great opportunity for someone looking for immediate cash flow or to own a great income producing property, built in equity and plenty of upside. Located in the up and coming desirable Westmont neighborhood. Everything is less than 20 mins from; Downtown LA, the beach, Westfield Mall, Crypto.com Center, SOFI Stadium, and LAX. This property is located in Unincorporated Los Angeles County. *Property is on LCR3 Zoning. Plans and contractor bid available upon request. Once built, completed, rented the property could be operating at 7.5 Cap!

Multi-Family Pending

Price

^$ 790,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1398

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24009893

Days on Market

136

Features

General

Sewer PublicSewer

Zoning LCR320U*

Garage Spaces 0.0

Pool Features None

Year Built 1922

Tenant Pays Electricity Gas TrashCollection Water

Stories 2

Levels Two

Property SubType Quadruplex

Gross Income 50400.0

Community Features Curbs Sidewalks

County Los Angeles

Net Operating Income 47900.0

Operating Expense 2500.0

Insurance Expense 2500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Pending

Directions South of Manchester and East of Normandie

City Los Angeles

Entry Location Front

View Y/N N

Senior Community Y/N N

NumberOfUnitsTotal 2

MLS Area C37 - Metropolitan South

Lot Size Units SquareFeet

Lot Size Square Feet 6088.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 87th

Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange

Property Attached Y/N Y

Land Lease Y/N N

Home Warranty Y/N N

Property Condition BuildingPermit UpdatedRemodeled

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 62

Building Area Units SquareFeet

Standard Status Pending

Year Built Source Assessor

Tax Lot 178

Property Sub Type Additional Quadruplex

Exterior

Parking Features Driveway OneSpace

Lot Features BackYard FrontYard

Water Source Public

Total Parking 0.0

Lot Size Area 6088.0

Number of Buildings 1

Spa N

Building Area Total 1944.0

Lot Size Acres 0.1398

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 2

Number of Separate Electric Meters 2

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Common Walls Item1CommonWall

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features Outside

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1330

* Excluded Features

List By

Keller Williams Realty Calabasas

Broker

(818) 657-6500

Phone

Affordability Calculator

$5,251

Per Month

Monthly Principal & Interest: $5,251
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,985,860

Percent of Sale Price 151%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/1/2024	$790,000	-1.25%	Price Down
1/26/2024	$800,000	-3.03%	Price Down
1/17/2024	$825,000		Listed Price

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1330 W 87th Street, Los Angeles, CA, 90044 is a Multi-Family Home for sale at $790,000 with 1,944 sqft and a lot size of 0.1398. 1330 W 87th Street has 2 bedrooms, 1.0 baths, and was built in 1922. The property's zip code is 90044 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1330 W 87th Street

Multi-Family Home for sale in Los Angeles, CA

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