Welcome to 213 E 87th Pl. This triplex offers exceptional value and opportunity for investors, first-time home-buyers, and developers. Three spacious units across 2,723 sq ft of livable space: unit 213 is 2 bed 1 bath; unit 215 is 3 bed 1 bath; unit 217 is 3 bed 2 bath. Units 213 and 217 are rented to steady long-term tenants. Unit 215 is vacant and move-in ready. There is over 40% upside from renting all units at market rates. The 6,272 sq ft lot includes a large parking lot with ADU potential. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. Zoned R3, which allows for residential development possibilities. This property is ideal for investors seeking an outstanding 7.4% CAP rate from day one with plenty of rental upside, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
Property Details
Price:
$739,000
MLS #:
PW26071893
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c37metropolitansouth
Listed Date:
Apr 3, 2026
Total Sq Ft:
2,723
Lot Size:
6,272 sqft / 0.14 acres (approx)
Year Built:
1927
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Laundry Features
NO
Levels
U
Exterior
Common Walls
_2CW
Community Features
SDW, URB, CRB, CW
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address213 E 87th Pl Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 11, 2026
8,015
Single Family Listed
85
Avg DOM
512
Avg $ / SqFt
$1,525,244
Avg List Price
Property Summary
- 213 E 87th Pl Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90003. It is listed for $739,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1927. The average price per square foot for Single Family listings in Los Angeles is $512. The average listing price for Single Family in Los Angeles is $1,525,244.
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