632 E 87th Place, Los Angeles, CA 90002
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
632 E 87th Place,Los Angeles, CA 90002
$550,000
- 0.12 Acres
- Lots / Land
- Active
Listed by: natalie alchadeff
Office: equity union
MLS#:SR25248079
Source:CRMLS
Price summary
- Price:$550,000
About this home
THIS IS A SHORT SALE SUBJECT TO THE LENDERS APPROVAL***THIS IS A GREAT HOUSE FOR AN INVESTOR OR A FAMILY LOOKING TO BUILD A RENTAL UNIT FOR INCOME; ON THIS R-2 LOT. PROPERTY NEEDS WORK AND TLC. Property will be sold AS-IS. First Time on the Market in Over 50 Years! This rare opportunity offers tremendous potential for investors. Value in Land. Situated on a flat, R2-zoned lot of over 5,300 sq ft, this property allows for the development of 2 units plus an additional ADU (please verify with LADBS)—perfect for generating future income or expanding your living space. The existing home spans over 1,500 sq ft and features 3 spacious bedrooms and 2 bathrooms. extra-long paved driveway offering ample parking. Enjoy a fully fenced, oversized backyard—ideal for privacy. Centrally located with quick access to public transportation, the 110 and 105 freeways, Downtown LA, USC, USC Medical Center, the KIA Forum, SoFi Stadium, Intuit Dome, and LAX. Also close to Green Meadows Recreation Center, numerous K–12 schools, supermarkets, and the world-famous Roscoe’s Chicken & Waffles. With the 2028 LA Olympics on the horizon, now is the perfect time to invest in this promising property! "Walk Score" is 74. "Most errands can be accomplished on foot (walkscore.com)."
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Home facts
- Listing ID #:SR25248079
- Added:114 day(s) ago
- Updated:February 21, 2026 at 02:20 PM
Structure and exterior
- Lot area:0.12 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Sewer Connected
Finances and disclosures
- Price:$550,000
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