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

213 E 87th Place

^$ 785,000

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213 E 87th Place

Los Angeles, CA, 90003

^$ 785,000

Bedrooms7 Baths1.0 Sq 2,723

Monthly Estimate*

^$ 4,897

Listed by Lyon Stahl Investment Real Estate, Inc.

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

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

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

213 E 87th Place, Los Angeles, CA 90003 - Image 4

213 E 87th Place, Los Angeles, CA 90003 - Image 5

213 E 87th Place, Los Angeles, CA 90003 - Image 6

213 E 87th Place, Los Angeles, CA 90003 - Image 7

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

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Multi-Family Home for sale in Los Angeles, CA

for $785,000 with 7 bedrooms and 1 full bath. This 2,723 square foot home was built in 1927 on a lot size of 0.144.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.144

Year Built

1927

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25616381

Days on Market

Features

General

Living Area 2723

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LAR3

Year Built 1927

Levels Multi/Split

Gross Income 82176

County Los Angeles

Net Operating Income 55187.66

New Construction false

Property Type Residential Income

HOA false

Attached Garage true

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions Near the corner of Wall St and E 87th Pl

City Los Angeles

Senior Community Y/N false

Number Of Units Total 3

MLS Area C37 - Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 6271

Standard Status Active

Cap Rate 7.03

Interior

Total Stories 0

Air Conditioning Y/N true

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 7

Total Baths 5

Exterior

Total Parking 3

Lot Size Area 6271

Number of Buildings 2

Building Area Total 2723

Lot Dimensions 40x156

Lot Size Acres 0.144

* Excluded Features

List By

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Affordability Calculator

$4,897

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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 ^$1,903,492

Percent of Sale Price 142%

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.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$785,000		Listed Price

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213 E 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 0.144. 213 E 87th Place has 7 bedrooms, 1.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/19/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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213 E 87th Place

Multi-Family Home for sale in Los Angeles, CA

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