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1149 W 87Th St, Los Angeles, CA 90044
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1149 W 87Th St Los Angeles, CA 90044

$749,000
  • 3 Beds
  • 3 Baths
  • 1,960 Sq.Ft.
For Sale
$749,000 Get Pre-Qualified
Map preview of 1149 W 87Th St, Los Angeles, CA 90044

Property Overview: 1149 W 87Th St Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,960 living square feet and 6,085 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: An Exceptional Investment Opportunity Near Sofi Stadium! This remarkable property presents an enticing trifecta: location, versatility, and potential. Situated just moments away from the iconic Sofi Stadium, it offers convenience and excitement for residents and investors alike. Step into the front house a spacious 3 bedrooms and 1 bathroom. Two single units sit atop the spacious 4-car garage. Each unit boasts its own charm and privacy. Beyond the living spaces lies an expansive lot a canvas for your vision. Picture lush gardens, outdoor entertaining areas, or even additional units (subject to local zoning regulations). The 4-car garage provides ample parking and storage, catering to practical needs. The potential is boundless with this property. Not only is Sofi Stadium within reach, but you're also close to vibrant shops, delectable restaurants, and community amenities. Commuters will appreciate easy access to major highways and public transportation. Don't miss out on this golden opportunity. Whether you're building your investment portfolio or seeking a multifaceted living arrangement, this property promises value, convenience, and a bright future. Front unit (3bedroom, 1 bath) will be delivered Vacant at close of escrow!

Listed by Norma Streams | BRE #00522582 | Rodeo Realty- Brentwood
Last checked: 14 minutes ago | Last updated: September 12th, 2024 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
6,085
HOA Dues
$0/mo
Year built
1921
Garage
4 Car
Property Type:
Multi Family
Status
Active
MLS#
24408263
City
Los Angeles
County
Los Angeles
Time on Site
95 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $1,400
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $26,600
  • Gross Operating Income: $30,000
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1149 W 87Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Multi/Split
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 3
  • Parcel Number: 6047003013
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Florence Ave to Manchester Blvd, Manchester Blvd to Budlong Ave, Budlong Ave to W. 87th St
View more facts & features

Local Los Angeles Agent

Sale History for 1149 W 87Th St

View property's historical transactions

  • June, 2024

  • Jun 25, 2024

    Date

    Active

    CRMLS: 24408263

    $800,000

    Price

Tax History for 1149 W 87Th St

Assessed Value (2020): $215,301
Year Land Value Improved Value Assessed Value
2020 $185,035 $30,266 $215,301

Home Value Compared to the Market

This property vs the competition

1149 W 87Th St is listed 37.58% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $382.14 per/sqft which puts the price per square foot 50.44% lower than the median price per square foot for the city of Los Angeles.

About 1149 W 87Th St

Detailed summary of property

1149 W 87Th St is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 1,960 living square feet, and sits on an approximately 6,085 square foot lot. 1149 W 87Th St was first listed on ArdentRealEstateGroup.com on June 25, 2024. The homeowner is currently asking $749,000 and was originally asking $800,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 37.58% lower than the median priced home. Local competing homes currently for sale include 526 W 84th St, 940 W 76th St and 1326 W 98th St. While the average home in Los Angeles, CA is selling in 106 days, 1149 W 87Th St has a days on market of 95 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1149 W 87Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1149 W 87Th St

Public county record property details
Beds
5
Baths
3
Year built
1921
Sq. Ft.
1,960
Lot Size
6,083
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
97
APN
6047-003-013

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,900
Median List Price/Sq.Ft.
$518
Median Sold Price
$717,000
Median Sold Price/Sq.Ft.
$513
Total Inventory
93
Median Sale to List Price %
102.58%
Avg Days on Market
27
Loan Type
Conventional (38.1%), FHA (23.81%), VA (0%), Cash (9.52%), Other (9.52%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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