Los Angeles, CA 90003,213 E 87th PL
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Los Angeles, CA 90003,213 E 87th PL
Los Angeles, CA 90003,213 E 87th PL
Los Angeles, CA 90003,213 E 87th PL
Los Angeles, CA 90003,213 E 87th PL
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Sam And Eliza Othman

Sam And Eliza Othman

+1(951) 333-5100
$ 775,000
Est. payment /mo
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Price Dropped by $10K

213 E 87th PL Los Angeles, CA 90003

7 Beds

5 Baths

2,723 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,723 sqft

Price per Sqft $284

MLS Listing ID 25616381

Bedrooms 7

HOA Y/N No

Year Built 1927

Lot Size 6,272 Sqft

Property Description

213 E 87th Pl, Los Angeles, CA 90003 is a well-located South LA triplex featuring three units, including one vacant unit, offering immediate cash flow and significant rent growth potential. Situated on a 6,269 SF LAR3-zoned lot, the property provides long-term redevelopment opportunities, including ADUs or higher-density expansion. Current rents are well below market, with pro forma projections showing an 11.39% cap rate and nearly 30% cash-on-cash return, while income can increase by over 45% as units stabilize. The property is minutes from Downtown LA, USC, Inglewood, and key employment centers, with nearby parks, shopping, dining, and easy access to the 110 and 105 Freeways, Figueroa Street, Broadway, and the Metro A (Blue) Line. Ideal for both investors and owner-occupiers, 213 E 87th Pl offers a compelling value-add opportunity in a rapidly evolving South LA submarket.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Total Parking Spaces 3

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6041015034

Special Listing Condition Standard

CRMLS – RECore
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Anderson K - 8 School

    Public | KG - 8

  • 8

    Celerity Dyad Charter

    Public | KG - 8

  • 7

    Aspire Juanita Tate Academy

    Public | KG - 6

  • 6

    Kipp Empower Academy

    Public | KG - 4

  • 6

    Watts Learning Center

    Public | KG - 5

  • 6

    122nd Street Elementary

    Public | KG - 5

  • 6

    99th Street Elementary School

    Public | PK - 6

  • 6

    Aspire Titan Academy

    Public | KG - 5

  • 5

    74th Street Elementary School

    Public | KG - 5

  • 5

    La Salle Avenue School

    Public | KG - 5

  • 5

    118th Street Elementary

    Public | KG - 5

  • 5

    66th Street Elementary School

    Public | KG - 6

  • 5

    Kipp Philosophers Academy

    Public | 5 - 8

  • 5

    Wisdom Elementary School

    Public | PK - 6

  • 5

    Lillian Street Elementary School

    Public | KG - 6

  • 5

    Florence Avenue Elementary School

    Public | KG - 6

  • 5

    Aspire Junior Collegiate Academy

    Public | KG - 5

  • 5

    Vernon City Elementary School

    Public | KG - 6

  • 4

    Figueroa Street Elementary School

    Public | KG - 5

  • 4

    75th Street Elementary School

    Public | KG - 6

Middle Schools 20
  • 6

    Alliance College-Ready Middle Academy No. 4

    Public | 6 - 8

  • 6

    Aspire Pacific Academy

    Public | 6 - 12

  • 5

    Aspire Centennial College Preparatory Academy

    Public | 6 - 8

  • 5

    Walnut Park Middle School - STEM Academy

    Public | 6 - 8

  • 4

    Alliance Jack H. Skirball Middle School

    Public | 6 - 8

  • 4

    New Designs Charter School-Watts

    Public | 6 - 12

  • 4

    Thomas Alva Edison Middle School

    Public | 6 - 8

  • 2

    Bethune Middle School

    Public | 7 - 8

  • 2

    Animo Charter Middle No. 2

    Public | 6 - 8

  • 2

    Drew Middle School

    Public | 7 - 8

  • 2

    Prepa Tec - los Angeles

    Public | 6 - 8

  • 1

    Horace Mann Junior High School

    Public | 6 - 8

  • 1

    Barack Obama Global Preparation Academy

    Public | 6 - 8

  • 1

    John Muir Middle School

    Public | 6 - 8

  • 1

    Bret Harte Preparatory

    Public | 6 - 8

  • 1

    Samuel Gompers Middle School

    Public | 6 - 8

  • 1

    Watts Learning Center Charter Middle School

    Public | 6 - 8

  • 1

    Los Angeles Academy Middle School

    Public | 6 - 8

  • 1

    George Washington Carver Middle School

    Public | 6 - 8

  • 1

    Edwin Markham Middle School

    Public | 6 - 8

High Schools 20
  • 9

    King/Drew Medical Magnet High School

    Public | 9 - 12

  • 8

    Middle College High School

    Public | 9 - 12

  • 8

    Alliance College-Ready Academy High No. 5

    Public | 9 - 12

  • 8

    Animo Pat Brown

    Public | 9 - 12

  • 8

    Alliance Huntington Park College-Ready Academy High School

    Public | 9 - 12

  • 7

    Alliance Judy Ivie Burton Technology Academy High School

    Public | 9 - 12

  • 7

    Linda Marquez High School - Libra Academy

    Public | 9 - 12

  • 6

    Alliance Health Services Academy High School

    Public | 9 - 12

  • 6

    Alliance Cindy and Bill Simon Technology Academy H

    Public | 9 - 12

  • 6

    Linda Marquez High School - Huntington Park Institute of Applied Medicine

    Public | 9 - 12

  • 5

    Animo South los Angeles Charter

    Public | 9 - 12

  • 5

    Animo Watts College Preparatory Academy

    Public | 9 - 12

  • 5

    Public Service Community High School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 5

    Linda Marquez High School - School of Social Justice

    Public | 9 - 12

  • 4

    Synergy Quantum Academy

    Public | 9 - 12

  • 4

    Green Design STEAM Academy - Diego Rivera Learning Complex

    Public | 9 - 12

  • 3

    Communication & Technology School - Diego Rivera Learning Complex

    Public | 9 - 12

  • 2

    Augustus F. Hawkins High School - Critical Design and Gaming

    Public | 9 - 12

  • 2

    Dymally High School

    Public | 9 - 12

  • 2

    Performing Arts Community School - Diego Rivera Learning Complex

    Public | 9 - 12

School and business data provided by Attom Data.
Sam And Eliza Othman

Sam And Eliza Othman

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+1(951) 333-5100

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213 E 87th PL