1501 West 87th Street Los Angeles, CA ^$ 950,000

1501 West 87th Street

^$ 950,000

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1501 West 87th Street

Los Angeles, CA, 90047

^$ 950,000

Studio Baths0.0 Sq 2,861

Monthly Estimate*

^$ 5,998

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

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

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

Studio

Multi-Family Home for sale in Los Angeles, CA

for $950,000. This 2,861 square foot home was built in 1954 on a lot size of 0.16.

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

^$ 950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

1954

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026838321

Features

General

Living Area 2861

Heating Wall Furnace

Zoning LAR1

Year Built 1954

Levels Two

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Los Angeles

Senior Community Y/N false

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

Total Baths 0

Exterior

Lot Size Area 6802

Foundation Details None

Building Area Total 2861

Lot Size Acres 0.16

* Excluded Features

List By

Anna Moore

Listing Agent

Wall Street Realty

Broker

anna@wallstreetsellsla.com

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$5,998

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Monthly Principal & Interest: $5,998
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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 ^$1,902,390

Percent of Sale Price 100%

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

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/5/2026	$950,000	-5.00%	Price Down
5/25/2026	$1,000,000		Listed Price

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1501 West 87th Street, Los Angeles, CA, 90047 is a Multi-Family Home for sale at $950,000 with 2,861 sqft and a lot size of 0.16. 1501 West 87th Street is a studio with 0.0 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 6.49% 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 6/5/2026. 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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1501 West 87th Street

Multi-Family Home for sale in Los Angeles, CA

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