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$739,000
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Property Description
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.
Full Property Details
Full Property Details for 213 E 87th Pl
General
- Sold For: $739,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW26071893
- Added to Site: 52 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: Driveway, Private, Parking Space, Uncovered
- Parking: Driveway, Private, Parking Space, Uncovered
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: E 87th Pl between Wall St and San Pedro St
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,723
- Year Built: 1927
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.144
- Lot Size Source: Public Records
- Lot Description: Level with Street, Paved, Level, Front Yard
Financial Considerations
- Price Per Sq. Ft.: $271.39
- Price Per Unit: 246333
Listed by Yorkshire Realty, Chris Barker
Sold by Big Block Powerhouse Realty, Roxana Perkinson
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Schools
Schools serving 213 E 87th Pl
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
South Park Elementary School 8510 Towne Avenue, Los Angeles, CA 90003 | K-6 | 0.3 mi |
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003 | 7-8 | 1.4 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.2 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.8 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.9 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 213 E 87th Pl
Date
Details
Price
Change
Source
5/13/2026
Sold
$739,000
—
MLS
4/03/2026
Listed
$739,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
213 E 87th Pl, Los Angeles, CA 90003 (MLS# PW26071893) is a Multi-Family property that was sold at $739,000 on May 13, 2026. 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.

