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$659,000
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Property Description
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)."
Full Property Details
Full Property Details for 632 E 87th Pl
General
- Price: $659,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SR25248079
- Updated: 1/8/2026
- Days on Market: 59 days
- Added to Site: 79 day(s) ago
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: 632 E 87th Place, Los Angeles
Utilities
- Water: Public
- Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
Lot Features
- Property View: None
- Lot Size (Acres): 0.1222
- Lot Size (Sq. Ft.): 5,321
- Lot Size Source: Assessor
- Zoning: R2-1
- Lot Description: Curbs, Sidewalks, Urban
- Fencing (Description): Privacy
Financial Considerations
- Price Per Sq. Ft.: $123.85
Listed by Equity Union, Natalie Alchadeff
Get Pre-Approved Today
Schools
Schools serving 632 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 | 0.2 mi |
Charles Drew Middle School 8511 Compton Avenue, Los Angeles, CA 90001 | 7-8 | 0.9 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.3 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 632 E 87th Pl
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$659,000
-5.72%
MLS
12/18/2025
Price Increased
$699,000
16.69%
MLS
10/29/2025
Listed
$599,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 632 E 87th Pl
Year
Property Taxes
Change
Tax Assessment
Change
2025
$883
6%
$37,190
4%
2023
$831
3%
$35,748
2%
2022
$804
3%
$35,048
2%
2021
$784
—
$34,361
1%
2020
$784
3%
$34,010
2%
2019
$764
10%
$33,345
2%
2018
$697
2%
$32,692
2%
2017
$680
6%
$32,052
2%
2016
$644
2%
$31,424
2%
2015
$634
-1%
$30,953
2%
2014
$639
1%
$30,347
—
2013
$633
—
$30,211
—
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
Estimate the Cost for 632 E 87th Pl
632 E 87th Place, Los Angeles, CA 90002 (MLS# SR25248079) is a Lots/Land property with a lot size of 0.1222 acres. 632 E 87th Place is currently listed for $659,000 and was received on October 29, 2025. Want to learn more about 632 E 87th Place? Do you have questions about finding other Lots/Land 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.

