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    1232 E 87th Place

    Los Angeles (City), CA 90002
    • $679,900
    • STATUS: Active Under Contract
    • ON SITE: 46 days
    • ID#: SB21008354
    Under Contract
    UPDATED: 34 min ago
    $679,900
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,774
      SQFT
    • $383
      $/SQFT
    Type:
    Multi-Family
    Built:
    1937
    County:

    School Ratings & Info

    Description

    Live smart on East 87th Place! This renovated two on a lot Duplex creates an easy opportunity to live in one unit and rent the other all while having no common walls. Enter each unit to find two functional floor plans with 3 bedrooms and 1 full bath with indoor laundry hookups. Both units have an updated kitchen with white shaker cabinets, white quartz counter tops, new fixtures, new windows, new carpet in all bedrooms, laminate flooring, custom tiled bathroom with new vanity, freshly painted interior and exterior, and new water heaters to name a few. The property is fully fenced, paved with an avocado tree between the unit and a long driveway for ample parking. Conveniently located to the Harbor 110 Freeway makes this property very accessible to Downtown LA, San Pedro Harbor, LAX and Beach Cities and beyond.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-02T17:32:01.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.

    www.propertycove.com/homes/113261192
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    1232 E 87th Place Los Angeles (City), CA 90002

    • Price: $679,900
    • Status: Active Under Contract
    • Updated: 34 min ago
    • ID#: SB21008354
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    1,774
    SQFT
    $383
    $/SQFT
    1937
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Live smart on East 87th Place! This renovated two on a lot Duplex creates an easy opportunity to live in one unit and rent the other all while having no common walls. Enter each unit to find two functional floor plans with 3 bedrooms and 1 full bath with indoor laundry hookups. Both units have an updated kitchen with white shaker cabinets, white quartz counter tops, new fixtures, new windows, new carpet in all bedrooms, laminate flooring, custom tiled bathroom with new vanity, freshly painted interior and exterior, and new water heaters to name a few. The property is fully fenced, paved with an avocado tree between the unit and a long driveway for ample parking. Conveniently located to the Harbor 110 Freeway makes this property very accessible to Downtown LA, San Pedro Harbor, LAX and Beach Cities and beyond.
    Exterior Features

    Direction Faces North Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Roof Shingle Spa Features None Spa YN No Uncovered Spaces 5.00 View Neighborhood View YN Yes

    Interior Features

    Appliances None Appliances YN No Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring Laminate Heating Wall Furnace Heating YN Yes Laundry Features Gas Dryer HookupInside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 7.24 Community Features Curbs Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 60000.00 Gross Multiplier 11.33 Gross Scheduled Income 60000.00 Insurance Expense 889.00 Land Lease YN No Laundry YN Yes Net Operating Income 49221.00 New Construction YN No New Taxes Expense 8090.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Operating Expense 10779.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 10779.00 Trash Expense 0.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Lcr2yy

    Listing provided courtesy of Juree Rambo of Rambo Real Estate Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-02T17:32:01.93. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bhagat Group. Licensed in the State of California, USA.

     
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    The Bhagat Group
    22939 Hawthorne Blvd, Suite 203
    Torrance CA, 90505