1615 E 87Th Pl, Los Angeles, CA 90002
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1615 E 87Th Pl Los Angeles, CA 90002

$790,000
  • 8 Beds
  • 4 Baths
  • 2,237 Sq.Ft.
For Sale
$790,000 Get Pre-Qualified

Map preview of 1615 E 87Th Pl, Los Angeles, CA 90002

Property Overview: 1615 E 87Th Pl Los Angeles, CA has 8 bedrooms, 4 bathrooms, 2,237 living square feet and 5,675 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: LOCATION, LOCATION, LOCATION!! This duplex offers an unparalleled combination of privacy, flexibility, and income potential. Whether you’re looking for a smart investment or a spacious family home, this property is a standout choice. Two houses in a lot featuring 8 bedrooms 4 bath, each unit is 4/2. Seller is working diligently with the tenants to DELIVER THE PROPERTY VACANT at the COE. Showings are by appointment ONLY, please do not disturb the tenants.

Listed by Azeneth Gonzalez | BRE #01759668 | Family Real Estate Services
Last checked: 14 minutes ago | Last updated: August 20th, 2024 | Source CRMLS | DOM: 53

Home details

Lot Sq. Ft
5,675
HOA Dues
$0/mo
Year built
1921
Garage
--
Property Type:
Duplex
Status
Active
MLS#
RS24149349
City
Los Angeles
County
Los Angeles
Time on Site
55 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $3,500
  • Total Rent: $3,500
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $75,600
  • Net Operating Income: $65,388
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,212
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

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Property Details for 1615 E 87Th Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6044002034
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
Location / Neighborhood
Location Information
  • Directions: Main Streets are Firestone and Compton
Neighborhood Information
  • Community Features: Park
View more facts & features

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Sale History for 1615 E 87Th Pl

Last sold on December 29th, 2004
  • July, 2024

  • Jul 25, 2024

    Date

    Active

    CRMLS: RS24149349

    $790,000

    Price

  • December, 2004

  • Dec 29, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2002

  • Apr 8, 2002

    Date

    Sold (Public Records)

    Public Records

    $239,000

    Price

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Tax History for 1615 E 87Th Pl

Assessed Value (2020): $420,594
Year Land Value Improved Value Assessed Value
2020 $216,670 $203,924 $420,594

Home Value Compared to the Market

This property vs the competition

1615 E 87Th Pl is listed 34.17% 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 $768 and this home is listed at $353.15 per/sqft which puts the price per square foot 54.02% lower than the median price per square foot for the city of Los Angeles.

About 1615 E 87Th Pl

Detailed summary of property

1615 E 87Th Pl is a duplex located in Los Angeles, CA 90002 and is currently for sale. This duplex offers 8 bedrooms, 4 bathrooms, roughly 2,237 living square feet, and sits on an approximately 5,675 square foot lot. 1615 E 87Th Pl was first listed on ArdentRealEstateGroup.com on July 25, 2024. The homeowner is currently asking $790,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 34.17% lower than the median priced home. Local competing homes currently for sale include 9715 - 9717 Wilmington Ave, 926 E 87th Pl and 913 E 87th St. While the average home in Los Angeles, CA is selling in 106 days, 1615 E 87Th Pl has a days on market of 53 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1615 E 87Th Pl Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1615 E 87Th Pl

Public county record property details
Beds
6
Baths
4
Year built
1921
Sq. Ft.
2,237
Lot Size
5,675
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
72
APN
6044-002-034

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$580,000
Median List Price/Sq.Ft.
$555
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$514
Total Inventory
43
Median Sale to List Price %
103.45%
Avg Days on Market
13
Loan Type
Conventional (50%), FHA (40%), VA (0%), Cash (10%), Other (0%)

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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.