632 E 87th, Los Angeles, CA 90002

Property Description

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 backyardideal 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 K12 schools, supermarkets, and the world-famous Roscoes 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)."

Listing Status:

Active

Listing Office:

Equity Union :

Listing Agent:

Natalie Alchadeff : 310-600-1829

MLS ID:

SR25248079

Location

• HOA Amenities: 0.0
• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: 6042005022

Utilities

• Utilities: Below GroundElectric

Financial

• Source: California Regional MLS

This listing courtesy of Natalie Alchadeff, Equity Union