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1136 W 87th St, Los Angeles, CA 90044

List Price: $715,000On Market FlagOn market
Apr 1, 20251,834 sqft5 beds2 baths
Listed by: Katie Munoz
License #: 02146905
Phone #: 323-683-8284
Keller Williams Beverly Hills
Source:
CRMLS Logo
MLS #: 25519483

Property Description

This is a rare opportunity to acquire a FULLY VACANT 2-unit income property at 1136 W 87th St, Los Angeles, CA 90044. Presented exclusively by PartnersCRE, this asset offers strong investment potential in a prime location, just minutes from Downtown LA. Situated on a spacious 6,084 SF LCR320U-zoned lot, this well-maintained duplex offers an excellent opportunity for both investors and owner-occupiers. Built in 1918, the property retains its original charm while providing potential for modernization. The front unit, a 3-bedroom, 1-bathroom home, WILL be delivered vacant, allowing new owners to set market rent or capitalize on Section 8 Voucher Payment Standards of up to $3,528 per month. The rear 2-bedroom, 1-bathroom unit, currently rented at $1,928/month, CAN be delivered vacant with upside to $2,748 under Section 8. Adding to its appeal, the property includes a detached two-car garage that WILL also be delivered vacant. Equipped with electricity, plumbing, and sewage, the garage is perfectly suited for an ADU conversion, providing an excellent opportunity for additional rental income or personal use. The lot's size and zoning offer flexibility for future expansion or redevelopment, making it an attractive investment. Located just a short drive from SoFi Stadium and Hollywood Park, this property benefits from the rapid growth and revitalization of Inglewood's booming entertainment district. With the stadium hosting world-class concerts, major sporting events, and year-round attractions, the area continues to draw demand from renters seeking a prime location with easy access to premier amenities. Additionally, the property enjoys excellent connectivity with the 110 and 105 freeways, ensuring a seamless commute to key areas throughout Los Angeles.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$10,521

TurboHome Estimated Value

$708,200

$386 sqft

High Valuation
$743,610
$405/sqft
Normal Valuation
$708,200
$386/sqft
Low Valuation
$672,790
$367/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$386/sqft$708,200

Neighborhood

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Comparative Value

$695K

$710K

$830K

$840K

$869K

1149 W 87th St, Los Angeles, CA 90044

Sale Price: $695,000

Selected Comparable

1326 W 96th St, Los Angeles, CA 90044

Sale Price: $710,000

Selected Comparable

1136 W 87th St, Los Angeles, CA 90044

List Price: $715,000

Subject Property

1260 W 94th St, Los Angeles, CA 90044

Sale Price: $830,000

Selected Comparable

1526 W 83rd St, Los Angeles, CA 90047

Sale Price: $840,000

Selected Comparable

8900 S Hobart Blvd, Los Angeles, CA 90047

Sale Price: $869,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1136 W 87th St, Los Angeles, CA 90044

1136 W 87th St, Los Angeles, CA 90044

List: $715,000

Listed: 4/1/2025

Area:1,834 sqft
Price/sqft:$390
Beds:5
Baths:2
Year Built:
Lot Size:6,086

Comparable Properties

COMPARABLE
Choose comps
1149 W 87th St, Los Angeles, CA 90044

1149 W 87th St, Los Angeles, CA 90044

Sale: $695,000

1/6/20250.05 mi

Area:1,960 sqft
Price/sqft:$355
Beds:5
Baths:3
Year Built:
Weight:23.0%
1260 W 94th St, Los Angeles, CA 90044

1260 W 94th St, Los Angeles, CA 90044

Sale: $830,000

5/19/20250.58 mi

Area:1,977 sqft
Price/sqft:$420
Beds:5
Baths:3
Year Built:
Weight:22.2%
1526 W 83rd St, Los Angeles, CA 90047

1526 W 83rd St, Los Angeles, CA 90047

Sale: $840,000

6/5/20250.58 mi

Area:1,824 sqft
Price/sqft:$461
Beds:4
Baths:3
Year Built:
Weight:19.2%
1326 W 96th St, Los Angeles, CA 90044

1326 W 96th St, Los Angeles, CA 90044

Sale: $710,000

10/29/20240.74 mi

Area:1,612 sqft
Price/sqft:$440
Beds:4
Baths:2
Year Built:
Weight:18.0%
8900 S Hobart Blvd, Los Angeles, CA 90047

8900 S Hobart Blvd, Los Angeles, CA 90047

Sale: $869,000

10/28/20240.73 mi

Area:2,100 sqft
Price/sqft:$414
Beds:4
Baths:2
Year Built:
Weight:17.6%

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