$675,000
Total Views 1,503
4 Beds
2 Baths
1,358 Sq Ft
$497 Price per Sq Ft

Highlights

  • No HOA
  • Laundry Room
  • Separate Family Room
  • Double Pane Windows
  • Tile Flooring
  • Rectangular Lot

About This Home

his multi-family property at 715 E 87th Place, Los Angeles, CA 90002, sits on a spacious 5,400 sq ft lot and features two detached homes. A front security gate with motorized opener provides secure access, while 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 all 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.

Listing Agent

Ryan Lenocker

eXp Realty of California Inc Brokerage Phone: 714-270-7355 License #01357888 Listed on: 02/15/2026

eXp Realty of California Inc

Co-Listing Agent

Troy Reed

eXp Realty of California Inc Brokerage Phone: 714-270-7355 License #01492776

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,400 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Back Yard

Home Design

  • Duplex
  • Entry on the 1st floor
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Separate Family Room
  • Window Bars

Kitchen

  • Gas Range
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Rain Gutters

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 1977
  • Assessor Parcel Number 6042003034
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,300
  • Trash Expense $600
  • Water Sewer Expense $2,559
  • Operating Expense $4,459
  • Gross Income $51,588
  • Net Operating Income $47,129

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

5,400 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained
  • Security: Window Bars
  • View: No
  • Water Sewer Expenses: 2559.00
  • Zoning: LAR2
  • Architectural Style: Ranch
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6042003034
  • Year Built: 1923
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 497.05
  • Room Type: Family Room, Kitchen, Laundry, Separate Family Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Outside, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Rectangular Lot
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240
  • Latitude Manual: 33.95844300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 675 Square Feet
  • Gross Income: 51588.00
  • Gross Scheduled Income: 51588.00
  • Insurance Expense: 1300.00
  • Lot Size Area: 5400.0000 Square Feet
  • Net Operating Income: 47129.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 4459.00
  • Rent Control: Yes
  • Total Expenses: 4459.00

Tax Info

  • Tax Census Tract: 2400.10
  • Tax Lot: 107
  • Tax Tract Number: 1977

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,941 $286,840 $183,874 $102,966
2024 $3,941 $281,217 $180,269 $100,948
2023 $3,871 $275,704 $176,735 $98,969
2022 $3,705 $270,299 $173,270 $97,029
2021 $3,655 $265,000 $169,873 $95,127
2020 $3,685 $262,284 $168,132 $94,152
2019 $3,551 $257,142 $164,836 $92,306
2018 $3,443 $252,101 $161,604 $90,497
2016 $3,280 $242,314 $155,330 $86,984
2015 $3,231 $238,675 $152,997 $85,678
2014 $3,197 $229,926 $125,414 $104,512
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2026 02/15/26 For Sale $675,000 -- $497 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Accommodation/Courtesy Recordi
Deed -- None Listed On Document
Grant Deed -- None Available
Interfamily Deed Transfer -- First American Title Company
Grant Deed -- First American Title Company
Grant Deed -- None Available
Quit Claim Deed -- Accommodation
Grant Deed $165,500 First American Title Ins Co
Trustee Deed $375,146 None Available
Interfamily Deed Transfer -- None Available
Grant Deed $435,000 --
Interfamily Deed Transfer -- --
Grant Deed $245,000 Commonwealth Title
Grant Deed $209,000 Commerce Title Company
Grant Deed -- --
Grant Deed $163,000 American Title Co
Grant Deed $117,500 American Title Co
Grant Deed -- First American Title Ins Co
Trustee Deed $143,289 First American Title Ins Co
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $128,500 New Conventional
Previous Owner $128,500 New Conventional
Previous Owner $132,100 Purchase Money Mortgage
Previous Owner $348,000 Fannie Mae Freddie Mac
Previous Owner $196,000 Purchase Money Mortgage
Previous Owner $202,700 Purchase Money Mortgage
Previous Owner $160,481 FHA
Previous Owner $125,000 No Value Available
Closed $49,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW26025169

California Regional Multiple Listing Service (CRMLS)

APN: 6042-003-034

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