Property Details
About this Property
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.
MLS Listing Information
MLS #
CRPW26071893
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Laundry
None
Cooling
None
Heating
Wall Furnace
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Other, Parking Area, Private / Exclusive, Garage: 0 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 3 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
213 E 87th Pl is a Triplex in Los Angeles, CA 90003. This – square foot property sits on a 6,272 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $739,000 and was built in 1927. This address can also be written as 213 E 87th Pl, Los Angeles, CA 90003.
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This listing information is up-to-date as of April 03, 2026. For the most current information, please contact Chris Barker
