632 E 87th Place, Los Angeles, CA 90002 - MLS#SR25247851

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 599,000

Est. payment | -/mo

3 Beds

2 Baths

1,503 SqFt

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$ 599,000

Est. payment | -/mo

Save

3 Beds

2 Baths

1,503 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,503 sqft

Price per Sqft $398

MLS Listing ID SR25247851

Bedrooms 3

Full Baths 2

Year Built 1923

Lot Size 5,321 Sqft

Property Sub-Type Detached

Property Description

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! Special financing maybe available for qualified buyers such as low down-payment, no PMI, or credits to closing costs. "Walk Score" is 74. "Most errands can be accomplished on foot (walkscore.com)."

Location

State CA

County Los Angeles

Direction Major cross streets are Manchester Blvd and Avalon Blvd

Interior

Heating Combination Heating

Cooling Wall/Window

Flooring Carpet

Fireplace No

Laundry Washer Hookup

Exterior

View Y/N Yes

Water Access Desc Public

Total Parking Spaces 4

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Tax ID 6042005022

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Natalie Alchadeff Equity Union

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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632 E 87th Place Los Angeles, CA 90002