$690,000

1264 E 87th St Los Angeles, CA 90002

Estimated payment $4,202/month

Total Views 6,127
6 Beds
3 Baths
1,532 Sq Ft
$450 Price per Sq Ft

Highlights

  • Bike Trail
  • Heating System Uses Natural Gas
  • 1-Story Property

About This Home

Triplex Opportunity. Seller paid for permits and architectural plans for 3 units. Rear house is now legally two units. Both are two-bedroom one bath each. The front unit is a separate 2-bedroom house. Front unit is tenant-occupied. Realtors, bring your 203k buyers and buy a triplex that is mostly vacant.Rear structure also has a separate storage area that is large enough for a laundry area. Rear building has gated parking. Please note that expenses are not included since owner has no history of expenses for new units.

Listing Agent

Frank Lopez

Century 21 Masters Brokerage Phone: 323-633-8999 License #01041630 Listed on: 08/30/2025

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,961 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Triplex
  • Entry on the 1st floor

Interior Spaces

  • 1,532 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 70
  • Tax Tract Number 7421
  • Assessor Parcel Number 6043015002
  • $1,091 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Bike Trail

Building Details

  • 1 Leased Unit
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $7,157
  • Net Operating Income $7,157

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: LCR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 6043015002
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 450.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4961.00
  • Lot Size Acres: 0.1139

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Average2 Bed Area: 510 Square Feet
  • Gross Income: 7157.00
  • Gross Scheduled Income: 7157.00
  • Lot Size Area: 4961.0000 Square Feet
  • Net Operating Income: 7157.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Actual Rent: 1157.00

Tax Info

  • Tax Census Tract: 5351.02
  • Tax Lot: 70
  • Tax Tract Number: 7421
  • TaxOtherAnnualAssessmentAmount: 1091.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,026 $484,500 $357,000 $127,500
2024 $7,026 $475,000 $350,000 $125,000
2023 $1,581 $48,225 $13,873 $34,352
2022 $1,542 $47,280 $13,601 $33,679
2021 $1,518 $46,354 $13,335 $33,019
2020 $1,517 $45,880 $13,199 $32,681
2019 $1,488 $44,982 $12,941 $32,041
2018 $1,403 $44,101 $12,688 $31,413
2016 $1,338 $42,392 $12,197 $30,195
2015 $1,323 $41,756 $12,014 $29,742
2014 $1,330 $40,939 $11,779 $29,160
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2025 12/01/25 For Sale $690,000 0.0% $450 / Sq Ft
10/24/2025 10/24/25 Off Market $690,000 -- --
10/22/2025 10/22/25 For Sale $690,000 0.0% $450 / Sq Ft
10/14/2025 10/14/25 Off Market $690,000 -- --
08/30/2025 08/30/25 For Sale $690,000 +45.3% $450 / Sq Ft
11/13/2023 11/13/23 Sold $475,000 -12.0% $310 / Sq Ft View Prior Sale
11/07/2023 11/07/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $540,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $475,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $356,250 New Conventional
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25194488

California Regional Multiple Listing Service (CRMLS)

APN: 6043-015-002