1501 W 87th Street Los Angeles, CA ^$ 1,000,000

1501 W 87th Street

^$ 1,000,000

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Recently Listed

1501 W 87th Street

Los Angeles, CA, 90047

^$ 1,000,000

Bedrooms5 Baths2.0 Sq 2,861

Monthly Estimate*

^$ 6,157

Listed by Wall Street Realty

1501 W 87th Street, Los Angeles, CA 90047 - Image 1

1501 W 87th Street, Los Angeles, CA 90047 - Image 2

1501 W 87th Street, Los Angeles, CA 90047 - Image 3

Multi-Family Home for sale in Los Angeles, CA

for $1,000,000 with 5 bedrooms and 2 full baths. This 2,861 square foot home was built in 1954 on a lot size of 0.1562.

Welcome to this charming triplex located at 1501 W. 87th St. in the desirable Gramercy Park area of Los Angeles. This well-appointed property features a spacious three-bedroom, two-bathroom front house, perfect for comfortable family living. At the rear, you'll find two separate one-bedroom, one-bathroom units, ideal for rental income or extended family accommodation.The property boasts a generous 2,861 square feet of living space, all situated on a sizable 6,802 square-foot corner lot, providing ample outdoor space and privacy. A three-car garage offers plenty of parking and storage options.Centrally located, this triplex provides convenient access to public transportation and nearby shopping, making it an excellent choice for those seeking a blend of comfort, functionality, and accessibility in a vibrant neighborhood. Don't miss the opportunity to own this versatile property in Gramercy Park!

Multi-Family Active

Price

^$ 1,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1562

Year Built

1954

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26838321

Days on Market

Features

General

Living Area 2861

Heating Wall Furnace

Cooling None

Zoning LAR1

Year Built 1954

Stories Count 2

Levels Two

Gross Income 5400

County Los Angeles

Net Operating Income 0

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions South of Manchester East of Western North of Century West of Normandie

City Los Angeles

Senior Community Y/N false

Number Of Units Total 3

MLS Area C36 - Metropolitan Southwest

Lot Size Units Square Feet

Lot Size Square Feet 6802

Standard Status Active

Interior

Interior Amenities Ceiling Fan(s)

Total Stories 0

Air Conditioning Y/N false

Heating Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 5

Total Baths 4

Exterior

Parking Features Door-Multi Garage

Total Parking 0

Lot Size Area 6802

Number of Buildings 2

Building Area Total 2861

Lot Size Acres 0.1562

* Excluded Features

List By

Wall Street Realty

Broker

anna@wallstreetsellsla.com

Affordability Calculator

$6,157

Per Month

Monthly Principal & Interest: $6,157
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 ^$1,913,592

Percent of Sale Price 91%

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
5/25/2026	$1,000,000		Listed Price

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1501 W 87th Street, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $1,000,000 with 2,861 sqft and a lot size of 0.1562. 1501 W 87th Street has 5 bedrooms, 2.0 baths, and was built in 1954. The property's zip code is 90047 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 5/25/2026. 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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1501 W 87th Street

Multi-Family Home for sale in Los Angeles, CA

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