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$950,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
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Welcome to this charming triplex located at 1501 W. 87th St. in the desirable Gramercy Park area of Los Angeles. This well-appointed property features a spacious three-bedroom, two-bathroom front house, perfect for comfortable family living. At the rear, you'll find two separate one-bedroom, one-bathroom units, ideal for rental income or extended family accommodation.The property boasts a generous 2,861 square feet of living space, all situated on a sizable 6,802 square-foot corner lot, providing ample outdoor space and privacy. A three-car garage offers plenty of parking and storage options.Centrally located, this triplex provides convenient access to public transportation and nearby shopping, making it an excellent choice for those seeking a blend of comfort, functionality, and accessibility in a vibrant neighborhood. Don't miss the opportunity to own this versatile property in Gramercy Park!

Full Property Details for 1501 W 87th St

General

  • Price: $950,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26838321
  • Updated: 6/5/2026
  • Added to Site: 52 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Additional Information

  • Other Features: Other

Parking

  • Garage Description: Garage - 3 Car

Location

  • Area: Metropolitan Southwest
  • County: Los Angeles
  • Driving Directions: South of Manchester, East of Western, North of Century, West of Normandie

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall

Structural Information

  • # Buildings: 2
  • Stories/Levels: 0
  • Square Feet: 2,861
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1954
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 3
  • Unit Type: 2106, 2107, 2108

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: Other

Lot Features

  • Lot Size (Acres): 0.1561
  • Lot Size: 6802
  • Lot Size Source: Vendor Enhanced
  • Zoning: LAR1

Financial Considerations

  • Price Per Sq. Ft.: $349.53
  • Assessment Year: 1954

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 6037-001-045

Listed by Wall Street Realty, Anna Moore

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Listing agent

— 1501 W 87th St —

  • Anna Moore

    Wall Street Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1501 W 87th St

School District:Los Angeles Unified School District
NameGradesDistance
La Salle Avenue Elementary School
8715 La Salle Avenue, Los Angeles, CA 90047
K-50.2 mi
Horace Mann Ucla Community
7001 South Saint Andrews Place, Los Angeles, CA 90047
6-81.3 mi
George Washington Preparatory High School
10860 South Denker Avenue, Los Angeles, CA 90047
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1501 W 87th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/05/2026
Price Reduced
$950,000
-5%
MLS
5/25/2026
Listed
$1,000,000
257.14%
MLS
5/18/2001
Sold
$280,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1501 W 87th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,012
4%
$375,329
4%
2023
$4,832
4%
$360,757
2%
2022
$4,625
2%
$353,684
2%
2021
$4,553
-1%
$346,750
1%
2020
$4,594
4%
$343,195
2%
2019
$4,426
2%
$336,466
2%
2018
$4,324
2%
$329,869
2%
2017
$4,237
3%
$323,402
2%
2016
$4,115
1%
$317,062
2%
2015
$4,059
-1%
$312,301
2%
2014
$4,093
—
$306,185
—
2013
$4,087
—
$304,802
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1501 W 87th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Wall Street Realty, Anna Moore

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1501 W 87th St, Los Angeles, CA 90047 (MLS# 26838321) is a Multi-Family property with units containing 5 bedrooms and 0 full bathrooms. 1501 W 87th St is currently listed for $950,000 and was received on May 25, 2026. Want to learn more about 1501 W 87th St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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