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1621 E 87th Place

Los Angeles (City), CA 90002
  • $700,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: OC21242129
UPDATED: 38 min ago
$700,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Listing Agent: Erica Rodriguez of Homequest Real Estate


Description

Take a look at your new investment property or for first time home buyers this is a great opportunity to make some extra income. 2 houses on 1 lot. Live in the front house and rent the back 2 units . . The front house has 2 bed/bath with attached garage, well taken care of. The back house is split into 2 units, front unit has 2bed/1 bath, very spacious. The back unit is 1 bed/1bath but with large layout since the garage was converted into a living unit, it's a contractors dream. The zoning is LCR2 and no rent control yet. Parking spaces are available in the front drive way and the rear of the house. For investors, possibility of 4 units with Senate Bill 9 passing.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T16:28:19.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
www.themarellygroup.com/homes/123021315
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1621 E 87th Place Los Angeles (City), CA 90002

  • Price: $700,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 38 min ago
  • ID#: OC21242129
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1958
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
Take a look at your new investment property or for first time home buyers this is a great opportunity to make some extra income. 2 houses on 1 lot. Live in the front house and rent the back 2 units . . The front house has 2 bed/bath with attached garage, well taken care of. The back house is split into 2 units, front unit has 2bed/1 bath, very spacious. The back unit is 1 bed/1bath but with large layout since the garage was converted into a living unit, it's a contractors dream. The zoning is LCR2 and no rent control yet. Parking spaces are available in the front drive way and the rear of the house. For investors, possibility of 4 units with Senate Bill 9 passing.
Exterior Features

Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 2 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Expense 0 Fuel Expense 0 Garage YN Yes Gross Income 30000 Gross Scheduled Income 30000 Insurance Expense 900 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan1031 Exchange Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Operating Expense 900 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Water Sewer Expense 0 Water Source Public Zoning Lcr2*



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T16:28:19.53. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Sentry Residential. Licensed in the State of California, USA.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003
Listing Agent: Erica Rodriguez of Homequest Real Estate