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Listed by Joshua Fritz-Calhoun • Excel Realty
$900,000
Est. payment /mo
6 BD
4 BA
3,310 SqFt
Price Dropped by $50K
1263 East 87th Place Los Angeles, CA 90002
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UPDATED:
03/12/2025 01:14 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,310 sqft
Price per Sqft $271
MLS Listing ID PW-25045621
Bedrooms 6
Full Baths 4
Year Built 1925
Lot Size 5,063 Sqft
Property Description
Great opportunity to own an affordable two-unit property in Metropolitan South Los Angeles! This versatile mixed-use property is perfect for owner occupancy with rental income or as a solid investment property. Front Unit: Detached 2-bedroom, 1-bath home, currently rented for $2,200/month. Rear Unit: Features include a laundry room, formal living and dining rooms, open-concept design, and a second-floor family room. Parking & Storage: Secure 3-car garage with alley access and additional storage garage at the end of the driveway. Utilities: Both units are individually metered for gas, electricity, and trash. Tenants pay their own utilities, with the owner only responsible for water and general maintenance. Great income potential in a high-demand area. Don't miss out on this fantastic investment opportunity!
Location
State CA
County Los Angeles
Zoning LCR2*
Interior
Interior Features Ceiling Fan(s), Open Floorplan, Pantry
Cooling None
Fireplaces Type None
Laundry Individual Room
Exterior
Parking Features Driveway
Garage Spaces 3.0
Pool None
Community Features Biking, Curbs, Park, Sidewalks, Street Lights
View Y/N Yes
View City Lights
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer