913 E 87th Street, Los Angeles, California 90002, Los Angeles, 90002 - 0 bed, 0 bath
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Los Angeles, California 90002
This Quadruplex Residential Income Asset is listed at $829,900, representing a stable acquisition at its $829,900 Fair Market Value. The property features a high-utility "two on a lot" configuration, including a 4-bedroom SFR and a rear triplex, ensuring Immediate Cash Flow through full occupancy. While maintaining a Condition Rating of 4, the 1933 structure offers significant Value-Add Potential via interior modernization. Notable assets include an Attached 4-Car Garage and proximity to the 9/10 rated Compton Early College High. This is a strategic opportunity for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 913 E 87th Street Subject | $829,900* List Price | 0 | 0 | 2,476 | $335 | - |
A 1535 E 91st Street Sold | $820,000 | 5 | 3 | 2,294 | $357 | 0.8 mi |
B 854 E 87th Place Sold | $610,000 | 4 | 2 | 1,558 | $392 | 0.1 mi |
C 9536 Compton Active | $900,000 List Price | 0 | 0 | 2,551 | $353 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1933, making it quite old. While the listing states it has been 'maintained well,' the interior images reveal dated kitchens and bathrooms with visible wear and tear, including peeling paint in some areas. The kitchen features older, painted cabinets and basic appliances, while the bathrooms have simple vanities and older tiling. Flooring throughout appears to be older tile or vinyl. Some major systems, like water heaters, show signs of recent replacement, indicating ongoing maintenance. However, the overall aesthetic and condition suggest that any renovations were either very basic or occurred more than 15-20 years ago, requiring minor to moderate updates to meet current standards.
High School: Compton Early College High (9/10).
As a quadruplex with a diverse unit mix (SFR + 3 units), the property offers substantial rental income opportunities, appealing to investors.
The property is fully occupied with tenants, ensuring immediate rental income and minimizing vacancy risk for a new owner.
Built in 1933, the property's age may lead to concerns regarding aging infrastructure (plumbing, electrical) and potentially higher long-term maintenance costs.
Recent price adjustments (initial list, reduction, then increase) could indicate market resistance or previous overpricing, potentially affecting buyer confidence.
Several nearby schools have lower ratings, which might be a drawback for families with children or impact long-term property value appreciation in that specific demographic.
TWO ON LOT: The front house is an SFR with 4 bedrooms, 2 baths, and has a small front yard. The rear building is a two-story building with 3 units, 2 one-bedroom units, one bath, and a single with one bath. The property has an attached 4-car garage in the rear of the building. The property has been maintained well. Fully occupied with tenants
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,476 | 2,297 | 56% |
| Lot Size | 4,506 | 4,631 | 50% |
| Price | $829.9K | $883.5K | 50% |
| Price per sq ft | $335 | $374 | 19% |
| Built year | 1933 | 1950 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 982 | 174 | 0% |
Sep 27, 2025
$829,900
$799,900
+4% Price Increase
Initial Listing
Sep 15, 2025
$799,900
Initial Listing
Aug 14, 2023
$924,900
Initial Listing
Feb 24, 2014
$280,000
Public Record