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612 E 87th Street, Los Angeles, California 90002, Los Angeles, 90002 - bed, bath

612 E 87th Street, Los Angeles, California 90002 home-pic-0
ACTIVE$775,000
612 E 87th Street, Los Angeles, California 90002
0Bed
0Bath
1,705Sqft
5,402Lot
Year Built
1928
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$455
HOA
-
Days on market
-
Sold On
-
MLS number
OC24226350
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $775.0K(50th), sqft - 1705(50th), beds - undefined(50th), baths - undefined(50th).

This is an impressive and generously spacious triplex. The open floor plan features three 2-bedroom, 1-bath units, each with contemporary bathrooms and a sleek, stylish gourmet kitchen that seamlessly integrates into the layout. Every detail has been thoughtfully selected and crafted with quality. This single-story triplex is well-maintained and exceptionally located, offering a highly desirable address near USC (University of Southern California). With each unit containing 2 bedrooms and 1 bathroom, this property presents a tremendous rental income opportunity. Additional perks include convenient on-site gated parking with three designated spots, one for each unit. The property also boasts appealing curb appeal, complete with dual-pane windows and a front fence.

Condition Rating
Good
Despite being built in 1928, the listing explicitly states that each unit features 'contemporary bathrooms' and a 'sleek, stylish gourmet kitchen' that has been 'thoughtfully selected and crafted with quality.' This indicates significant, recent renovations to key areas, making the property move-in ready. The property is also described as 'well-maintained' with 'dual-pane windows.' While the lack of interior images prevents visual confirmation of these updates, and the property's age (1928) suggests potential for older underlying infrastructure, the described modernizations to the most critical areas (kitchens and bathrooms) elevate its condition beyond 'Fair'. The absence of central AC or in-unit laundry are noted but do not negate the described quality of the recent interior updates.
Pros & Cons

Pros

Strong Income Potential: As a triplex with three 2-bedroom, 1-bath units, the property offers a significant rental income opportunity, especially given its desirable location.
Prime Location: Exceptionally located near the University of Southern California (USC), making it highly attractive to students, faculty, and staff seeking rental housing.
Modernized Interiors: Each unit features contemporary bathrooms and sleek, stylish gourmet kitchens, indicating recent updates and a move-in ready condition for tenants.
Dedicated Gated Parking: The property includes convenient on-site gated parking with three designated spots, a valuable amenity in Los Angeles, providing security and ease for tenants.
Appealing Curb Appeal & Maintenance: The property is well-maintained with appealing curb appeal, dual-pane windows, and a front fence, enhancing its attractiveness and perceived value.

Cons

Age of Structure: Built in 1928, the property's age may imply potential for older infrastructure (plumbing, electrical) that could require future maintenance or upgrades not explicitly mentioned as updated.
Compact Unit Sizes: With 1705 sqft divided among three 2-bedroom units, individual unit sizes are relatively compact, which might limit tenant appeal for those seeking more spacious living.
Missing Modern Comforts: The description does not mention central air conditioning or in-unit laundry facilities, which are increasingly expected amenities in the Los Angeles rental market and could be a drawback for potential tenants.

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