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Remodeled Four-Unit Property
For Sale
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153 E 87th Pl, Los Angeles, CA 90003

Residential four-unit property maintained with frequent interior upgrades and sold together with an adjacent fourplex.

Property SizeContact for details
Days on Market121

Property Features for 153 E 87th Pl

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Duvall & Associates | KW Commercial
Listed By: Rudy Zuniga · License #01489677
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Duvall & Associates | KW Commercial

Investment Insights

Based on property information with market context.

This four-unit residential property has been maintained with updates made following most tenant vacancies. Interior upgrades cited include hardwood floors, tile, granite countertops, ceiling fans, lighting, and some new cabinets.

The sale is offered as a package with 8302 S. Main St, Los Angeles, CA 90003, which is a fourplex. Public remarks note the area’s proximity to downtown Los Angeles, USC, Inglewood, and LAX.

The seller indicates the units are generally kept in stabilized condition with minimal landlord responsibilities, with remodels and finishes refreshed as turnover occurs.

Key Highlights

  • Fourplex sold together with 8302 S. Main St, Los Angeles, CA 90003 (fourplex) for $2,050,000 total
  • Combined deal reflects a 9.76 return on investment when purchasing both properties
  • Combined NOI: $105,769.94

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Gym & Fitness Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,287
Businesses Nearby

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - Residential four-unit property maintained with frequent interior upgrades and sold together with an adjacent fourplex.
Where is this specialty property located?
The property is located at 153 E 87th Pl Los Angeles, CA.
What are key features of this property?
This property features: Fourplex sold together with 8302 S. Main St, Los Angeles, CA 90003 (fourplex) for $2,050,000 total; Combined deal reflects a 9.76 return on investment when purchasing both properties; Combined NOI: $105,769.94
More about this property
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