4 months on rocket

Sale Pending

1330 W 87th St, Los Angeles, CA, 90044

$790,000

Home List Price

$9,381*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1330 W 87th St, Los Angeles$790,000

Buyer Closing Credits

$9,381*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, One Space
Year Built1922
MLS #SR24009893
Lot Size0.14 Acres
StatusSale Pending
(Pending)

About 1330 W 87th St

Great investor or owner opportunity! Property comes with approved paid plans to build a rear 1,560 sqft Duplex. Current front Duplex is 1,944 sqft and currently making $4,200/m. Rear duplex once built could be bringing in $5,800/m. Total income could be $10,000/m. Property has a very large lot with plenty of parking available. All architectural, engineerings and plans have been paid, once closed you can break ground right away. Contractor bid also available for project. A great opportunity for someone looking for immediate cash flow or to own a great income producing property, built in equity and plenty of upside. Located in the up and coming desirable Westmont neighborhood. Everything is less than 20 mins from; Downtown LA, the beach, Westfield Mall, Crypto.com Center, SOFI Stadium, and LAX. This property is located in Unincorporated Los Angeles County. *Property is on LCR3 Zoning. Plans and contractor bid available upon request. Once built, completed, rented the property could be operating at 7.5 Cap!

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Realty Calabasas
  • Office Phone: (213) 271-4945
  • Listing Agent: Jordan Davies

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway, One Space

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • George Washington Preparatory High School, Public Magnet Grades 9-12
  • Middle College High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Studio, Public District Grades 6-8
  • La Salle Avenue Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: South of Manchester and East of Normandie

Price Information

Listing Price Info

Price Summary:

  • List Price: $790,000

Tax Information:

  • Annual Amount: $4,131
  • 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

$995.9K

Med. Price/SqFt

$635

Avg. Days On Market

33

# of Sold Homes

1589

1330 W 87th St vs Los Angeles

136 DAYS ON ROCKET

+103 Days

$790,000

-$205.9K Less

KEY TAKEAWAY

This property is $205.9K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24009893

Listing Office:

  • Office Name: Keller Williams Realty Calabasas
  • Office Phone: (213) 271-4945
  • Listing Agent: Jordan Davies

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: 6/2/2024, 8:20:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2003Home Sold
$135,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,131$262,689
2020$4,019$259,996
2019$3,897$254,899
2018$3,830$249,902
2017$3,830$245,003

History based on county public records data.

Payment Calculator

$4,010

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,435

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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-7183398
3
/10

  • La Salle Avenue Elementary School

  • 8715 La Salle Ave

  • 0.41 miles

  • Public District Grades KG-5

school-card-donut-7183399
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.07 miles

  • Public Magnet Grades KG-6

school-card-donut-7183400
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 16.91 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-7183401
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.69 miles

  • Public District Grades 6-8

High School

school-card-donut-7183402
2
/10

  • George Washington Preparatory High School

  • 10860 S Denker Ave

  • 1.51 miles

  • Public Magnet Grades 9-12

school-card-donut-7183403
9
/10

  • Middle College High School

  • 1600 W Imperial Hwy Bldg 1

  • 1.98 miles

  • Public District Grades 9-12

school-card-donut-7183404
8
/10

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

  • 456 S Mathews St

  • 7.39 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 $41,304. Typical income of Los Angeles, CA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90044›1330 W 87th St

This home is located at 1330 W 87th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. This home, which was built in 1922, sits on a 0.14 acre lot. It has been listed on Rocket Homes since January 17, 2024 and is currently priced at $790,000.

Los Angeles, CA housing market in May 2024 saw over 766 listings sold above listed price, more than 198 sold at listed price and over 625 sold below. The inventory of homes for sale in Los Angeles, CA between April 2024 and May 2024 increased by 15.4%. Listings spent 33 days on the market in May 2024, and had a median list price of $995,939 during the same period.

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

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