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$775,000

  • For Sale
  • Active
  • Multi-Family
  • 7 Total Beds
  • Updated 10 days ago
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213 E 87th Pl, Los Angeles, CA 90003 is a well-located South LA triplex featuring three units, including one vacant unit, offering immediate cash flow and significant rent growth potential. Situated on a 6,269 SF LAR3-zoned lot, the property provides long-term redevelopment opportunities, including ADUs or higher-density expansion. Current rents are well below market, with pro forma projections showing an 11.39% cap rate and nearly 30% cash-on-cash return, while income can increase by over 45% as units stabilize. The property is minutes from Downtown LA, USC, Inglewood, and key employment centers, with nearby parks, shopping, dining, and easy access to the 110 and 105 Freeways, Figueroa Street, Broadway, and the Metro A (Blue) Line. Ideal for both investors and owner-occupiers, 213 E 87th Pl offers a compelling value-add opportunity in a rapidly evolving South LA submarket.

Full Property Details for 213 E 87th Pl

General

  • Price: $775,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25616381
  • Updated: 1/5/2026
  • Added to Site: 74 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 7

Additional Information

  • Other Features: None

Parking

  • Garage Description: Attached

Location

  • Area: Metropolitan South
  • County: Los Angeles
  • Driving Directions: Near the corner of Wall St and E 87th Pl

Heating & Cooling

  • Cooling Type: Wall/Window
  • Heating Type: Wall

Structural Information

  • # Buildings: 2
  • Stories/Levels: 0
  • Square Feet: 2,723
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1927
  • Year Built Source: Vendor Enhanced

Unit Information

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

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Total Bathrooms: 2
  • Bedrooms: 3

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.144
  • Lot Size: 6271
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 40 x 156
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $284.61
  • Price Per Unit: 261667
  • Assessment Year: 1927

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 6041-015-034

Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian

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Listing agent

— 213 E 87th Pl —

  • Taylor Avakian

    Lyon Stahl Investment Real Estate, Inc.

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 213 E 87th Pl

School District:Los Angeles Unified School District
NameGradesDistance
South Park Elementary School
8510 Towne Avenue, Los Angeles, CA 90003
K-60.3 mi
Mary Mcleod Bethune Middle School
155 West 69th Street, Los Angeles, CA 90003
7-81.4 mi
Academy For Multiligual Arts And Science At Mervyn M. Dymally High
8800 San Pedro Street, Los Angeles, CA 90003
9-120.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 213 E 87th Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/05/2026
Price Reduced
$775,000
-1.27%
MLS
11/03/2025
Listed
$785,000
53.92%
MLS
11/15/2016
Sold
$510,000
—
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 213 E 87th Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,089
4%
$591,893
4%
2023
$7,805
5%
$568,911
2%
2022
$7,468
1%
$557,757
2%
2021
$7,366
-1%
$546,821
1%
2020
$7,430
4%
$541,215
2%
2019
$7,154
2%
$530,604
2%
2018
$7,029
2%
$520,200
2%
2017
$6,876
13%
$510,000
14%
2016
$6,083
2%
$448,384
2%
2015
$5,992
—
$441,650
2%
2014
$6,022
81%
$433,000
105%
2013
$3,319
—
$211,201
—
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.

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

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NMLS#: 1598647

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Listed by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian

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213 E 87th Pl, Los Angeles, CA 90003 (MLS# 25616381) is a Multi-Family property with units containing 7 bedrooms and 0 full bathrooms. 213 E 87th Pl is currently listed for $775,000 and was received on November 03, 2025. Want to learn more about 213 E 87th Pl? 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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