213 East 87th Place Los Angeles, CA ^$ 785,000

213 East 87th Place

^$ 785,000

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213 East 87th Place

Los Angeles, CA, 90003

^$ 785,000

Studio Baths0.0 Sq 2,723

Monthly Estimate*

^$ 4,897

213 East 87th Place, Los Angeles, CA 90003 - Image 1

213 East 87th Place, Los Angeles, CA 90003 - Image 2

213 East 87th Place, Los Angeles, CA 90003 - Image 3

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213 East 87th Place, Los Angeles, CA 90003 - Image 8

Studio

Multi-Family Home for sale in Los Angeles, CA

for $785,000. This 2,723 square foot home was built in 1927 on a lot size of 0.14.

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.

Multi-Family Active

Price

^$ 785,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.14

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025616381

Features

General

Living Area 2723.0

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LAR3

Year Built 1927

Levels Multi/Split

County Los Angeles

Net Operating Income 55187.66

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 6271.0

Standard Status Active

Exterior

Lot Size Area 6271.0

Pool Y/N? Yes

Building Area Total 2723.0

Lot Dimensions 40x156

Lot Size Acres 0.14

Land Lease Type Fee

Interior

Total Stories 0

Air Conditioning Y/N Yes

Heating Y/N Yes

Total Baths 0

* Excluded Features

List By

Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

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$4,897

Per Month

Monthly Principal & Interest: $4,897
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,905,483

Percent of Sale Price 143%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/10/2025	$785,000		Listed Price

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213 East 87th Place, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $785,000 with 2,723 sqft and a lot size of 0.14. 213 East 87th Place is a studio with 0.0 baths and was built in 1927. The property's zip code is 90003 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 11/10/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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213 East 87th Place

Multi-Family Home for sale in Los Angeles, CA

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