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$ 659,000
Est. payment /mo
Price Dropped by $40K
632 E 87th PL Los Angeles, CA 90002
5,323 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25248079
HOA Y/N No
Lot Size 5,323 Sqft
Property Description
First Time on the Market in Over 50 Years! This rare opportunity offers tremendous potential for investors. Value in Land. Situated on a flat, R2-zoned lot of over 5,300 sq ft, this property allows for the development of 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. extra-long paved driveway offering ample parking. Enjoy a fully fenced, oversized backyard—ideal for privacy. 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 K–12 schools, supermarkets, and the world-famous Roscoe's Chicken & Waffles. With the 2028 LA Olympics on the horizon, now is the perfect time to invest in this promising property! "Walk Score" is 74. "Most errands can be accomplished on foot (walkscore.com)."
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning R2-1
Interior
Fireplace No
Exterior
Fence Privacy
Community Features Curbs, Sidewalks, Urban
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
View Y/N No
View None
Building
Lot Description Front Yard, Lawn, Value In Land, Walkstreet, Yard
Water Public
New Construction No
Others
Senior Community No
Tax ID 6042005022
Acceptable Financing Cash, Conventional, FHA, Fannie Mae, Freddie Mac
Listing Terms Cash, Conventional, FHA, Fannie Mae, Freddie Mac
Special Listing Condition Trust
Listed by Natalie Alchadeff Equity Union 310-600-1829