632 E 87th Place, Los Angeles, CA 90002
Local realty services provided by:ERA North Orange County Real Estate
632 E 87th Place,Los Angeles, CA 90002
$550,000
- 3 Beds
- 2 Baths
- 1,503 sq. ft.
- Single family
- Active
Listed by: natalie alchadeff
Office: equity union
MLS#:SR25247851
Source:San Diego MLS via CRMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$365.93
About this home
THIS IS A SHORT SALE SUBJECT TO THE LENDERS APPROVAL***THIS IS A GREAT HOUSE FOR AN INVESTOR OR A FAMILY LOOKING TO BUILD A RENTAL UNIT FOR INCOME; ON THIS R-2 LOT. PROPERTY NEEDS WORK AND TLC. Property will be sold AS-IS. First Time on the Market in Over 50 Years! This rare opportunity offers tremendous potential for investors and first-time buyers looking for a project. Situated on a flat, R2-zoned lot of over 5,300 sq ft, this property allows for the development of a 2 units plus an additional ADU (please verify with LADBS)perfect for generating future income or expanding your living space. The existing home spans over 1,500 sq ft and features 3 spacious bedrooms and 2 bathrooms. One bedroom is currently being used as a living area, providing flexible layout options. Additional highlights include an indoor laundry room, bonus office space, and an extra-long paved driveway offering ample parking. Enjoy a fully fenced, oversized backyardideal for privacy, entertaining, or relaxation. Centrally located with quick access to public transportation, the 110 and 105 freeways, Downtown LA, USC, USC Medical Center, the KIA Forum, SoFi Stadium, Intuit Dome, and LAX. Also close to Green Meadows Recreation Center, numerous K12 schools, supermarkets, and the world-famous Roscoes Chicken & Waffles. With the 2028 LA Olympics on the horizon, now is the perfect time to invest in this promising property! Special financing maybe available for qualified buyers such as low down-payment, no PMI, or credits to closing costs. "Walk Score" is 74. "Most errands can be accomplished on foot (walksco
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Home facts
- Year built:1923
- Listing ID #:SR25247851
- Added:111 day(s) ago
- Updated:February 16, 2026 at 03:02 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,503 sq. ft.
Heating and cooling
- Cooling:Wall/Window
- Heating:Combination Heating
Structure and exterior
- Year built:1923
- Building area:1,503 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$365.93
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