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632 E 87th Place Los Angeles, CA $ 550,000
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$ 550,000 Get more info
632 E 87th Place
$ 550,000
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632 E 87th Place

Los Angeles, CA, 90002
$ 550,000
Bedrooms3 Baths2.0 Sq 1,503

Monthly Estimate*

$ 3,386

Listed by Equity Union
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Single Family Home for sale in Los Angeles, CA

for $550,000 with 3 bedrooms and 2 full baths. This 1,503 square foot home was built in 1923 on a lot size of 0.1222.

THIS IS A SHORT SALE SUBJECT TO THE LENDERS APPROVAL***THIS IS A GREAT HOUSE FOR AN INVESTOR OR A FAMILY LOOKING TO BUILD A RENTAL UNIT FOR INCOME; ON THIS R-2 LOT. PROPERTY NEEDS WORK AND TLC. Property will be sold AS-IS. 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 backyard—ideal 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 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! 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)."

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Single Family Active

Price

$ 550,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.1222

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR25247851

Days on Market

123
Features
General
Living Area 1503
Sewer Public Sewer
Heating Combination
Cooling Wall/Window Unit(s)
Possession Close Plus 3 Days
Garage Spaces 0
Patio/Porch Features Front Porch
Pool Features None
Year Built 1923
View None
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Curbs Sidewalks Urban Park
County Los Angeles
New Construction false
Property Type Residential
HOA false
Contingency Short Sale contingent on Lender approval.
Garage Y/N false
Other Structures Shed(s)
Full Baths 2
Special Listing Conditions Short Sale Trust
Status Active
Directions Major cross streets are Manchester Blvd and Avalon Blvd
City Los Angeles
Entry Location 1
Senior Community Y/N false
High School District Los Angeles Unified
Open Parking Spaces 4
Number Of Units Total 1
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 5321
Listing Terms Cash Conventional FHA Fannie Mae Freddie Mac
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Property Condition Repairs Cosmetic
Walk Score 74
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 137
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Ceiling Fan(s) Eat-in Kitchen All Bedrooms Down Bedroom on Main Level Main Level Primary Utility Room
Flooring Carpet
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Inside Laundry Room
Total Bedrooms 3
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 2
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Exterior
Parking Features Driveway
Lot Features Back Yard Front Yard Lawn Near Park Value In Land Yard
Water Source Public
Total Parking 4
Lot Size Area 5321
Spa false
Lot Size Acres 0.1222
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Equity Union

Broker

natalie@hbgroupRE.com

Email

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$3,386
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Monthly Principal & Interest
$3,386
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/31/2026$550,000 -16.54% Price Down
1/8/2026$659,000 -5.72% Price Down
12/18/2025$699,000 16.69% Price Up
11/28/2025$599,000 Listed Price

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632 E 87th Place, Los Angeles, CA, 90002 is a Single Family Home for sale at $550,000 with 1,503 sqft and a lot size of 0.1222. 632 E 87th Place has 3 bedrooms, 2.0 baths, and was built in 1923. The property's zip code is 90002 which is in Los Angeles, CA

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