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Listed by: Taylor Avakian (916) 996-4421 DRE #02060040 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$785,000
8 Beds
5 Baths
2,723sqft
213 E 87Th Pl, Los Angeles, CA 90003
$785,000
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Multi Family
Built in 1927
$-- HOA
6,271 sqft lot
$288/sq.ft
Description
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 Fre...
Continue Reading- Houzeo last checked: 2 Hours ago
- Listing updated: December 5, 2025 at 12:23 am
- Source: California Regional MLS-CA | MLS#: 25616381
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1927
HOA Fees
-
Finished Area
2,723 sqft
Lot Size
6,271 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25616381
MLS Status
Active
Days on Market
42
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