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Backup Offers

902 E 87th Pl, Los Angeles, CA, 90002

$615,000

Home List Price

$7,303*

Closing Credit

4 Bedrooms
3 Baths
1,878 SqFt
$327/SqFt
House
Schools Nearby

Location

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902 E 87th Pl, Los Angeles$615,000

Buyer Closing Credits

$7,303*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage, On Street
Garage2 spaces
Year Built1949
HeatingFloor Furnace, Wall Furnace
CoolingNone
ViewNone
MLS #24374715
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 902 E 87th Pl

Welcome to an amazing opportunity to own a triplex with tons of upside located in the heart of Los Angeles! Upon arrival, you will be greeted by a well-manicured front lawn that is surrounded by lush greenery. This property offers a tremendous amount of charm and original character. First time on the market in more than 50 years, this well-maintained triplex is perfect for an owner user looking to live in one unit while renting out the other two units, or a savvy investor. This multi-unit property consists of (One) 2-bedroom, 1-bathroom front house and (Two) 1-bedroom, 1-bathroom side-by-side, detached rear units. The one-bedroom units have identical floor plans that include spacious living rooms that flow seamlessly into the cozy kitchen and dining areas. Flooded with natural light from the large windows throughout, both units offer large bedrooms with generous closet space. You'll find spacious bathrooms in both units equipped with new tile in the shower. Other notable features include wall heaters (in both one-bedrooms), a washer and dryer in the front unit, fresh paint inside, new carpet in both one-bedroom units and new tile flooring in the kitchen and bathroom in the first one-bedroom unit behind the front house. The front house comes with its own two-car garage and each unit has separate utility meters. Enjoy a cozy backyard that can be accessed by all three units and is perfect for intimate year-round gatherings with friends and family. This property is located within close proximity to parks, schools, public transit and major freeways. With vision and a little creativity, you can turn this into the property of your dreams! Don't miss this fantastic opportunity to own a property that offers so much potential!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1949
  • Stories: 0
  • Living Area: 1,878 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (424) 280-7400
  • Listing Agent: Roderick Elzy

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Carpet
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Garage, On Street

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • John C. Fremont Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Charles Drew Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Russell Elementary School, Public Magnet Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: North of Century Blvd., South of Manchester Ave., West of Central Ave and East of Avalon Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $615,000
  • Price Per SqFt: $327/SqFt

Tax Information:

  • Annual Amount: $1,193
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

902 E 87th Pl vs Los Angeles

30 DAYS ON ROCKET

-4 Days

$615,000

-$371.4K Less

$327/SqFt

-$305 Less

KEY TAKEAWAY

This property is $371.4K less than the Median Sold Price and $305/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24374715

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (424) 280-7400
  • Listing Agent: Roderick Elzy

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 12:55:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,193$51,573
2020$1,165$51,045
2019$1,067$50,045
2018$1,045$49,064
2017$1,045$48,103

History based on county public records data.

Payment Calculator

$3,137

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,910

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4489639
6
/10

  • Russell Elementary School

  • 1263 Firestone Blvd

  • 0.43 miles

  • Public Magnet Grades KG-6

school-card-donut-4489640
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.04 miles

  • Public Magnet Grades KG-6

school-card-donut-4489641
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 16.95 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-4489642
2
/10

  • Charles Drew Middle School

  • 8511 Compton Ave

  • 0.62 miles

  • Public Magnet Grades 6-8

school-card-donut-4489643
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.19 miles

  • Public District Grades 6-8

High School

school-card-donut-4489644
2
/10

  • John C. Fremont Senior High School

  • 7676 S San Pedro St

  • 1.02 miles

  • Public Magnet Grades 9-12

school-card-donut-4489645
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.10 miles

  • Public Magnet Grades 9-12

school-card-donut-4489646
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 21.30 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,544. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 902 E 87th Pl

What is the listing price of this property?

The listing price of 902 E 87th Pl property is $615,000.

What type of property is this?

The property 902 E 87th Pl is a house located in Los Angeles, California, 90002.

Is this property for sale now?

Accepting Backup Offers: 902 E 87th Pl is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 902 E 87th Pl are:
Russell Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Charles Drew Middle School: GreatSchools Rating 2/10
Studio: GreatSchools Rating 4/10
John C. Fremont Senior High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,193 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 902 E 87th Pl has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 902 E 87th Pl is 1,878 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 902 E 87th Pl is 1949.

Rocket Homes›California›Los Angeles County›Los Angeles›90002›902 E 87th Pl

This home is located at 902 E 87th Pl in Los Angeles, CA and zip code 90002 in the Green Meadows neighborhood. This 1,878 square foot home, which was built in 1949, sits on a 0.12 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 01, 2024 and is currently priced at $615,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. While the average time on the market in April 2024 was 34 days, the median list price was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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