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Los Angeles Multifamily Property
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715 E 87th Place, Los Angeles, CA 90002

Two detached homes with recent upgrades in South Los Angeles.

Property SizeContact for details
Lot Size0.12 Acres
Days on Market183

Property Features for 715 E 87th Place

General Information

Standard status Active
Lot size 0.12 Acres
Property subtype Multifamily
Zoning LAR2
Listing Agency: eXp Realty of California Inc
Listed By: Troy Reed · License #01492776
Source: Crexi
Added: Feb 15 Changed: Aug 8 Last Checked: Jul 21 at 10:48AM

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 eXp Realty of California Inc

Investment Insights

Based on property information with market context.

This multi-family property, located in Los Angeles, CA, features two detached homes on a 5,400 sq ft lot. A front security gate with motorized opener provides secure access. A concrete driveway runs along the entire east side, offering additional parking between the two units and leading to a large backyard in the rear. Recent updates include new ABS drain lines extending to the front of the lot, complete replacement of the plumbing with new copper lines, and the majority of windows upgraded to energy-efficient dual-pane vinyl. The front unit has large 18" tile flooring throughout and an indoor laundry room conveniently located off the kitchen. The rear unit features new plywood subfloors topped with waterproof solid core laminate plank flooring, fresh interior and exterior paint, plus a fully permitted outdoor laundry area and patio cover. Located in the Green Meadows neighborhood of South Los Angeles, the property offers easy access to the 110 freeway, public transit, nearby schools, the Green Meadows Recreation Center and Park, retail, and dining, with convenient proximity to Downtown LA and LAX.

Key Highlights

  • Two detached homes on a 5,400 sq ft lot offer flexibility and potential rental income.
  • Recent plumbing upgrades include new ABS drain lines and complete copper line replacement.
  • Enhanced security with a front security gate and motorized opener.

Property Analytics

Current Use

Duplexes

Suggested Use

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

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

1,115
Businesses Nearby

Demographics for 90002, CA

53,150
Population
13,808
Households
3.8
Avg Household Size
30
Median Age
8%
College-Educated
53%
High-School Grad
3.0 sq mi
ZIP Area
17,717
Density / Sq Mi
$56,158
Median Household Income
$29,680
Median Earnings
$1,509
Median Rent
$502,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two detached homes with recent upgrades in South Los Angeles.
Where is this duplex located?
The property is located at 715 E 87th Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two detached homes on a 5,400 sq ft lot offer flexibility and potential rental income.; Recent plumbing upgrades include new ABS drain lines and complete copper line replacement.; Enhanced security with a front security gate and motorized opener.
More about this property
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