652 W 87th, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This duplex presents a High-Potential Investment Opportunity with a List Price of $700,000—positioned slightly above the $694,943 Fair Market Value. While the property requires significant renovation given its Condition Rating of 5, the Multi-Unit Income Potential provides a clear path to value-add returns. Located just 0.03 miles from Manchester Avenue Elementary, the site offers strong rental demand for Buy-and-Hold Investors or Owner-Occupants utilizing a live-and-rent strategy. This asset is ideal for those prepared to modernize its 1923 infrastructure to maximize long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 652 W 87th Subject | $700,000* List Price | 0 | 0 | 1,842 | $377 | - |
A 1209 W 90th Sold | $530,658 | 0 | 0 | 1,437 | $369 | 0.6 mi |
B 1214 W 85th Street Active | $649,999 List Price | 0 | 0 | 1,857 | $350 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1923, this property is being sold 'as-is' and requires significant rehab. While some rooms have newer laminate flooring, the images reveal dated kitchens with worn cabinetry, primitive bathroom facilities, old wall heaters, and visible wall damage/staining. The listing description explicitly notes the need for updates and improvements to maximize potential, fitting the criteria for a property needing a full overhaul.
High School: Middle College High School (9/10).
The duplex configuration, featuring a 3-bedroom front unit and a 2-bedroom rear unit, offers excellent flexibility for rental income, multi-generational living, or a live-and-rent investment strategy.
Situated in the Vermont Vista area, the property provides convenient access to major transportation routes and is approximately 10 miles from SoFi Stadium, a premier Los Angeles entertainment destination.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5931, other record lot size in square feet = 5800.
The property is being sold in its current as-is state, requiring buyers to bring additional capital and vision for necessary updates and improvements to maximize its market value.
Built in 1923, the home may present challenges associated with aging systems, such as electrical, plumbing, or structural components that often require modernization in properties of this vintage.
Great opportunity for owner-users, multi-generational living, or investors! This well-located duplex at 652 & 654 W 87th St features a spacious front unit with 3 bedrooms and 2.5 bathrooms and a rear unit with 2 bedrooms and 1 bathroom, offering flexibility, privacy, and strong income potential. The property is ideal for multiple families or live-and-rent buyers, with comfortable living space and versatile use options. Conveniently located in the Vermont Vista area near Manchester Avenue Elementary School and close to parks, shopping, dining, and major transportation routes, this home offers easy access to everyday city amenities and commuter-friendly connections. Residents will also enjoy proximity to SoFi Stadium, approximately 10 miles away, making this location especially attractive for those who want access to one of Los Angeles’ premier entertainment and sports destinations. Property is being sold in its current as-is condition and is priced accordingly, offering buyers the opportunity to bring their vision, updates, and improvements to maximize its full potential. Please do not enter the backyard without an appointment — large dog on site.
No exterior & parking available.
Grades 1-6 • 0.0 mi
Grades K • 0.2 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 1,842 | 2,250 |
| Lot Size | 5,931 | 5,864 |
| Price | $700.0K | $826.7K |
| Price per sq ft | $380 | $395 |
| Built year | 1923 | 1925 |
| HOA | $0 | $0 |
| Days on market | 2 | 83 |
Jul 20, 2026
$700,000
Initial Listing
May 4, 2015
$345,000
Public Record
Jun 11, 2012
$150,000
Public Record
Aug 16, 2000
$110,000
Public Record