18 days on rocket

Sale Pending

1155 W 87th St, Los Angeles, CA, 90044

$699,950

Home List Price

$8,312*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1155 W 87th St, Los Angeles$699,950

Buyer Closing Credits

$8,312*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingNone
Year Built1917
HeatingWall Furnace
ViewNeighborhood
MLS #SR24094634
Lot Size0.15 Acres
StatusSale Pending
(Pending)

About 1155 W 87th St

Welcome to your prime investment opportunity nestled in the vibrant heart of Southwest LA. Positioned west of Vermont Ave and south of Manchester Ave, this enchanting triplex boasts Spanish-style architecture, promising both timeless charm and modern appeal. Comprising three captivating 1 Bedroom & 1 Bathroom units, this property presents a compelling prospect for investors seeking both stability and growth. Unit 1, situated at the front of the triplex, awaits its next tenant, offering a blank canvas for your vision. The front units have undergone a complete transformation, featuring new laminate flooring, fresh interior paint, sleek quartz countertops, and upgraded fixtures including new toilets and bathroom vanities. With clay tile roofing and efficient wall heaters, each unit embodies quality craftsmanship and attention to detail. Strategically located, this property grants easy access to a myriad of amenities, including banks, schools, shopping centers, restaurants, and hospitals, ensuring unparalleled convenience and comfort for tenants. Whether you're a seasoned investor or embarking on your first foray into real estate, this triplex presents an unmissable opportunity to capitalize on the thriving Southwest LA market. Don't let this chance slip away—unlock the potential for lucrative returns on your investment today.

Property Details

Property Features

Property Information:

  • Year Built: 1917
  • Stories: 1

Listing Office:

  • Office Name: Keller Williams North Valley
  • Office Phone: (818) 723-0496
  • Listing Agent: Martha Carrasco

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • George Washington Preparatory High School, Public Magnet Grades 9-12
  • Middle College High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Bret Harte Preparatory Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Manchester Avenue Elementary School, Public District Grades 1-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: South of Manchester Avenue & West of Vermont Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,950

Tax Information:

  • Annual Amount: $6,058
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1155 W 87th St vs Los Angeles

18 DAYS ON ROCKET

-16 Days

$699,950

-$286.4K Less

KEY TAKEAWAY

This property is $286.4K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24094634

Listing Office:

  • Office Name: Keller Williams North Valley
  • Office Phone: (818) 723-0496
  • Listing Agent: Martha Carrasco

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/28/2024, 11:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 03, 2015Home Sold
$365,000
Oct 07, 2004Home Sold
$325,000
Mar 15, 2004Home Sold
$237,000
Feb 13, 2004Home Sold
$194,000
Oct 28, 1996Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,058$399,179
2020$5,891$395,086
2019$5,768$387,340
2018$5,667$379,746
2017$5,667$372,300

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4022249
6
/10

  • Manchester Avenue Elementary School

  • 661 W 87th St

  • 0.58 miles

  • Public District Grades 1-6

school-card-donut-4022250
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.10 miles

  • Public Magnet Grades KG-6

school-card-donut-4022251
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 16.93 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4022252
2
/10

  • Bret Harte Preparatory Middle School

  • 9301 S Hoover St

  • 0.69 miles

  • Public District Grades 6-8

school-card-donut-4022253
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.60 miles

  • Public District Grades 6-8

High School

school-card-donut-4022254
2
/10

  • George Washington Preparatory High School

  • 10860 S Denker Ave

  • 1.59 miles

  • Public Magnet Grades 9-12

school-card-donut-4022255
9
/10

  • Middle College High School

  • 1600 W Imperial Hwy Bldg 1

  • 2.05 miles

  • Public District Grades 9-12

school-card-donut-4022256
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.24 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,304. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90044›1155 W 87th St

This home is located at 1155 W 87th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This home, which was built in 1917, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $699,950.

In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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