213 E 87th Pl Los Angeles, CA ^$ 739,000

213 E 87th Pl

^$ 739,000

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Recently Listed

213 E 87th Pl

Los Angeles, CA, 90003

^$ 739,000

Studio Baths1.0 Sq 2,723

Monthly Estimate*

^$ 4,550

Listed by Yorkshire Realty

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $739,000 with 1 full bath. This 2,723 square foot home was built in 1927 on a lot size of 0.144.

Welcome to 213 E 87th Pl. This triplex offers exceptional value and opportunity for investors, first-time home-buyers, and developers. Three spacious units across 2,723 sq ft of livable space: unit 213 is 2 bed 1 bath; unit 215 is 3 bed 1 bath; unit 217 is 3 bed 2 bath. Units 213 and 217 are rented to steady long-term tenants. Unit 215 is vacant and move-in ready. There is over 40% upside from renting all units at market rates. The 6,272 sq ft lot includes a large parking lot with ADU potential. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. Zoned R3, which allows for residential development possibilities. This property is ideal for investors seeking an outstanding 7.4% CAP rate from day one with plenty of rental upside, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.

Multi-Family Active

Price

^$ 739,000

Bedrooms

Studio

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

PW26071893

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling None

Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1927

Electric Standard

Stories Count 2

Levels Two

Property Subtype Triplex

Gross Income 74496

Community Features Curbs Gutter(s) Sidewalks Urban

County Los Angeles

Net Operating Income 54698

Operating Expense 19798

Insurance Expense 2400

New Construction false

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions E 87th Pl between Wall St and San Pedro St

City Los Angeles

Entry Location 1

Senior Community Y/N false

Open Parking Spaces 6

Number Of Units Total 3

MLS Area C37 - Metropolitan South

Lot Size Units Square Feet

Lot Size Square Feet 6272

Listing Terms Conventional

Property Attached Y/N true

Land Lease Y/N false

Trash Expense 600

Water Sewer Expense 2247

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 55

Property Sub Type Additional Triplex

Cap Rate 7.4

Interior

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N false

Heating Y/N true

Fireplace Y/N false

Laundry Features None

Entry Level 1

Exterior

Parking Features Driveway Private One Space Uncovered

Lot Features Front Yard Level Paved Street Level

Water Source Public

Total Parking 6

Lot Size Area 6272

Number of Buildings 1

Building Area Total 2723

Lot Size Acres 0.144

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Yorkshire Realty

Broker

chris@yorkshirere.com

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$4,550

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Monthly Principal & Interest: $4,550
Monthly Property Taxes: --
Monthly Home Insurance: --

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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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,869,142

Percent of Sale Price 153%

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
4/3/2026	$739,000		Listed Price

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213 E 87th Pl, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $739,000 with 2,723 sqft and a lot size of 0.144. 213 E 87th Pl is a studio with 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 6.25% 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.

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 4/3/2026. 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 Pl

Multi-Family Home for sale in Los Angeles, CA

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