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Four-Unit Residential Income Property
For Sale
$1,099,000

1605 W 87th St, Los Angeles, CA 90047

A four-unit residential property with a two-bedroom front unit and three rear building units.

Property SizeContact for details
Days on Market207

Property Features for 1605 W 87th St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1925
Listing Agency: First Family Homes
Listed By: Jose Monterroza · License #01276551
Source: Exitrealty
Added: Feb 12 Changed: Sep 1 Last Checked: Sep 7 at 4:39AM

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 First Family Homes

Investment Insights

Based on property information with market context.

This four-unit residential income property includes a front unit and a separate rear two-story building. The front unit is a two-bedroom, one-bathroom home designed for owner occupancy, while the rear building provides three additional units: one studio and two one-bedroom units.

The property is described as being in a desirable area of Los Angeles, with Walk Score 73 (very walkable) and Transit Score 55 (good transit). Bike Score is 52 (bikeable).

As configured, the asset offers a mix of unit types across the front and rear structures, creating straightforward opportunities for an owner-user or an investor expanding a rental portfolio.

Key Highlights

  • Four‑unit residential property in Los Angeles, built in 1925
  • Front unit: 2‑bedroom, 1‑bath home for owner occupancy
  • Rear two‑story building includes 3 additional units: 1 studio and 2 one‑bedroom units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Parking Lot & Garage Computer & Electronic Repair

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,156
Businesses Nearby

Demographics for 90047, CA

50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - A four-unit residential property with a two-bedroom front unit and three rear building units.
Where is this quadplex located?
The property is located at 1605 W 87th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Four‑unit residential property in Los Angeles, built in 1925; Front unit: 2‑bedroom, 1‑bath home for owner occupancy; Rear two‑story building includes 3 additional units: 1 studio and 2 one‑bedroom units
More about this property
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