Homes for sale - 632 E 87th PL, Los Angeles, CA 90002

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Steven Shearrill

steven.shearrill@gmail.com +1(619) 368-7141

$ 550,000

Est. payment | -/mo

5,323 Sqft Lot

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$ 550,000

Est. payment | -/mo

Save

5,323 Sqft Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR25248079

HOA Y/N No

Lot Size 5,323 Sqft

Property Description

THIS IS A SHORT SALE SUBJECT TO THE LENDERS APPROVAL***THIS IS A GREAT HOUSE FOR AN INVESTOR OR A FAMILY LOOKING TO BUILD A RENTAL UNIT FOR INCOME; ON THIS R-2 LOT. PROPERTY NEEDS WORK AND TLC. Property will be sold AS-IS. First Time on the Market in Over 50 Years! This rare opportunity offers tremendous potential for investors. Value in Land. Situated on a flat, R2-zoned lot of over 5,300 sq ft, this property allows for the development of 2 units plus an additional ADU (please verify with LADBS)—perfect for generating future income or expanding your living space. The existing home spans over 1,500 sq ft and features 3 spacious bedrooms and 2 bathrooms. extra-long paved driveway offering ample parking. Enjoy a fully fenced, oversized backyard—ideal for privacy. Centrally located with quick access to public transportation, the 110 and 105 freeways, Downtown LA, USC, USC Medical Center, the KIA Forum, SoFi Stadium, Intuit Dome, and LAX. Also close to Green Meadows Recreation Center, numerous K–12 schools, supermarkets, and the world-famous Roscoe's Chicken & Waffles. With the 2028 LA Olympics on the horizon, now is the perfect time to invest in this promising property! "Walk Score" is 74. "Most errands can be accomplished on foot (walkscore.com)."

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning R2-1

Interior

Fireplace No

Exterior

Fence Privacy

Community Features Curbs, Sidewalks, Urban

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected

View Y/N No

View None

Building

Lot Description Front Yard, Lawn, Value In Land, Walkstreet, Yard

Water Public

New Construction No

Others

Senior Community No

Tax ID 6042005022

Acceptable Financing Cash, Conventional, FHA, Fannie Mae, Freddie Mac

Listing Terms Cash, Conventional, FHA, Fannie Mae, Freddie Mac

Special Listing Condition Short Sale, Trust

Listed by Natalie Alchadeff Equity Union 310-600-1829

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(619) 368-7141

steven.shearrill@gmail.com

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