$739,000

213 E 87th Pl, Los Angeles, CA 90003

8 beds
2,723 sqft

Triplex
Built in 1927
6,098sqft lot
—— car garage
$271/sqft
Listed 12 days ago

Property Description

Welcome to 213 E 87th Pl. This triplex offers exceptional value and opportunity for investors, first-time home-buyers, and developers. Three spacious units across 2,723 sq ft of livable space: unit 213 is 2 bed 1 bath; unit 215 is 3 bed 1 bath; unit 217 is 3 bed 2 bath. Units 213 and 217 are rented to steady long-term tenants. Unit 215 is vacant and move-in ready. There is over 40% upside from renting all units at market rates. The 6,272 sq ft lot includes a large parking lot with ADU potential. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. Zoned R3, which allows for residential development possibilities. This property is ideal for investors seeking an outstanding 7.4% CAP rate from day one with plenty of rental upside, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.

Listing Status:: Active
Date Added:: April 3, 2026
Data Last Updated:: April 15, 2026 at 10:06PM
Listing Office:: Yorkshire Realty : 714-883-7270
Listing Agent:: Chris Barker :
MLS ID:: CRPW26071893

Laundry: No Hookups
A/C: No Air Conditioning
Heating: Wall Furnace

General: Front Yard
Parking: OtherPrivateUncovered Parking SpaceParking spaces: 6

HOA Amenities: 0.0
County: Los Angeles

Zoning: 6041015034

This listing courtesy of Chris Barker , Yorkshire Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

Ready to Start a VA Loan?

Get Started

NMLS #1907 ^†

Get Prequalified »

Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

Knox Elementary School

8920 Tupachi Pl, Los Angeles, CA, 90003

Grades KG-6

0.30 miles away

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

1.03 miles away

Dymally High School

8800 S San Pedro St, Los Angeles, CA, 90003

Grades 9-12

0.15 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.