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.
Home Style:
Ranch
Property Sub Type:
Duplex
Property Attached:
No
Lot Area:
5,400 sq. ft.502 m2
Bathrooms:
-
(Full:-, Half:-)
Year built:
1923
(Age: 103)
General Listing Location:
Los Angeles, C16 - Mid Los Angeles
County Or Parish:
Los Angeles
Tenant Pays:
Electricity, Gas
Common Interest:
None
Gross Income:
$51,588
Gross Scheduled Income:
$51,588
Net Operating Income:
$47,129
Rent Control:
Yes
Association Fee:
$0
Land Lease:
No
Insurance Expense:
$1,300
Operating Expense:
$4,459
Trash Expense:
$600
Water and Sewer Expense:
$2,559
Tax Lot:
107
Note, this is on 87th Place, not Street!
Floor
Type
Size
Other
-
Family Room
Measurements not available
Separate Family Room
-
Family Room
Measurements not available
-
-
Laundry
Measurements not available
-
-
Kitchen
Measurements not available
-
View:
None
Appliances:
Disposal, Gas Range
Number of Buildings:
2
# of Electric Meters:
2
# of Gas Meters:
2
# of Water Meters:
1
Community Features:
Curbs, Gutter(s)
Senior Community:
No
Laundry Features:
Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room, Outside
Window Features:
Double Pane Windows
Pool Features:
None
Private Pool:
No
Spa Features:
None
Lot Features:
Back Yard, Rectangular Lot
Fireplace Features:
None
Security Features:
Window Bars
Levels:
One
Num Stories:
1
Entry Level:
1
Entry Location:
1
Construction Materials:
Stucco
New Constr.:
No
Flooring:
Tile, Vinyl
Foundation:
Pillar/Post/Pier
Roof:
Composition
Common Walls:
No Common Walls
# Units:
2
Heating:
Wall Furnace
Fireplace:
No
Cooling:
None
Utilities:
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected