1605 W 87th, Los Angeles, California 90047, Los Angeles, 90047 - 0 bed, 0 bath
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Los Angeles, California 90047
This Quadruplex Residential Income Property represents a Strong Value Opportunity, listed at $1,099,000, which aligns with its $1,099,000 Fair Market Value. Featuring a Condition Rating of 3, the property offers move-in ready interiors with modern kitchen finishes and updated cabinetry. The versatile unit mix, including a detached two-bedroom home and three additional rental units, provides significant income potential. While local school ratings remain modest, the property’s functional layout and residential financing eligibility make it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to subsidize their mortgage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1605 W 87th Subject | $1,099,000* List Price | 0 | 0 | 2,976 | $369 | - |
A 8704 S Denker Avenue Sold | $1,023,000 | 6 | 4 | 2,475 | $413 | 0.0 mi |
B 8014 S Western Active | $900,000 List Price | 0 | 0 | 2,460 | $366 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was originally built in 1925, the interior units have been significantly updated and are in move-in ready condition. The kitchens feature a mix of modern stainless steel appliances, stone countertops, and updated cabinetry. Flooring includes a combination of well-maintained hardwood and tile. Although the exterior shows some minor cosmetic wear and aging typical of a century-old structure, the functional living spaces and updated systems align with the 'good' criteria.
High School: Middle College High School (9/10).
The quadruplex configuration with four distinct units provides a robust opportunity for multiple rental income streams and portfolio growth.
The detached front two-bedroom home offers a private, house-like living experience for an owner-occupant while the rear units subsidize the mortgage.
Built in 1925, the property likely requires significant oversight of aging plumbing, electrical, and structural systems common in century-old buildings.
Most assigned public schools in the immediate vicinity have low performance ratings, which may deter families and impact long-term tenant stability.
Managing four separate units in an older multi-structure layout typically involves higher ongoing maintenance costs and capital expenditure reserves.
Four-unit property located in a desirable area of Los Angeles. The front unit is a two-bedroom, one-bathroom home, ideal for owner occupancy. The property includes a separate rear two-story building with three additional units: one studio and two one-bedroom units, offering rental income potential. A great opportunity for an owner-user seeking comfortable living with added income or investor seeking to add to their portafolio.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.8 mi
Grades K-6 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,976 | 2,250 |
| Lot Size | 6,581 | 5,864 |
| Price | $1.10M | $826.7K |
| Price per sq ft | $369 | $395 |
| Built year | 1925 | 1925 |
| HOA | $0 | $0 |
| Days on market | 163 | 83 |
Jun 19, 2026
$1,099,000
$975,000
+13% Price Increase
Initial Listing
Feb 10, 2026
$975,000
Initial Listing
Jun 8, 2015
$540,000
Public Record
Sep 3, 2014
$300,000
Public Record