135 W 87th Place W, Los Angeles, California 90003, Los Angeles, 90003 - bed, bath
ACTIVE$702,900
135 W 87th Place W, Los Angeles, California 90003
0Bed
0Bath
1,102Sqft
5,352Lot
Year Built
1931
Close
-
List price
$703K
Original List price
$705K
Price/Sqft
$638
HOA
-
Days on market
-
Sold On
-
MLS number
CV25216438
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $702.9K(43th), sqft - 1102(7th), beds - undefined(50th), baths - undefined(50th).
Live in one and rent the others for extra income! Recently remodeled property offers a front unit with 2-bedroom, 1 bath with and additional 1/2 bath in the back with laundry room attached. Back unit offers 1 bedroom, 1 bath. Back unit has an attached ADU studio with a kitchenette and full bath. ADU studio was once part of the back unit but now it is a separate ADU, adding an additional source of income. The property includes ample front and rear yard space and is securely gated.
Price History
Date
Event
Price
11/26/25
Price Change
$702,900-0.3%
09/21/25
Listing
$705,000
Condition Rating
Good
The property, built in 1931, has been 'recently remodeled,' as stated in the description and supported by the updated exterior windows visible in the image. This suggests that the kitchens, bathrooms, and other key areas have received modern updates, making the property move-in ready with no immediate renovations required. While the original construction year indicates potential for underlying infrastructure challenges (plumbing, electrical) not fully addressed by cosmetic updates, the 'recent remodel' implies a significant improvement in aesthetics and functionality, aligning with the 'Good' category's criteria for properties extensively renovated within the last 5-15 years. However, without interior images, a definitive assessment of the quality and extent of these renovations, particularly for appliances, fixtures, and flooring, is limited.
Pros & Cons
Pros
Exceptional Income Potential: Configured as a multi-unit property (Duplex with an ADU studio), offering significant rental income streams or owner-occupancy with supplemental income, maximizing investment return.
Dedicated ADU Studio: The presence of a separate ADU studio with a kitchenette and full bath provides a highly flexible and valuable additional income source, catering to current market demands for accessory dwelling units.
Recent Remodel: The property has been 'recently remodeled,' suggesting updated aesthetics and functionality, which reduces immediate capital expenditure and enhances tenant appeal for a new owner.
Secure & Private: Being 'securely gated' enhances privacy and safety for residents, a highly desirable feature for both owners and tenants in an urban setting like Los Angeles.
Ample Outdoor Space: The inclusion of 'ample front and rear yard space' offers valuable outdoor living areas, a premium amenity in Los Angeles, improving tenant appeal and overall property value.
Cons
Age of Construction: Built in 1931, the property is nearly a century old. While remodeled, older construction can present unforeseen maintenance challenges related to original infrastructure (plumbing, electrical, foundation) that may not have been fully addressed by cosmetic updates.
Compact Unit Sizes: With a total of 1102 sqft divided among three units (2/1.5, 1/1, studio), individual unit sizes are likely quite small, which could limit the tenant pool or command lower rental rates compared to properties with larger units.
Neighborhood Specifics: The property's location in the 90003 zip code, while part of Los Angeles, is generally associated with lower-income demographics and potentially higher crime rates, which might deter certain buyers or impact long-term appreciation compared to other LA neighborhoods.