1330 W 87th Street, Los Angeles, CA 90044
Fourplex · 2 recorded sales since 2023
Sold June 2024
Listing Agent: Jordan Davies (DRE #01914332) · Listing Office: Keller Williams Realty Calabasas · Contact: 213-271-4945 · Bought with: Jordan Davies · Keller Williams Realty Calabasas · MLS #SR24009893 · Source: CRMLS
About this fourplex
Great investor or owner opportunity! Property comes with approved paid plans to build a rear 1,560 sqft Duplex. Current front Duplex is 1,944 sqft and currently making $4,200/m. Rear duplex once built could be bringing in $5,800/m. Total income could be $10,000/m. Property has a very large lot with plenty of parking available. All architectural, engineerings and plans have been paid, once closed you can break ground right away. Contractor bid also available for project. A great opportunity for someone looking for immediate cash flow or to own a great income producing property, built in equity and plenty of upside. Located in the up and coming desirable Westmont neighborhood. Everything is less than 20 mins from; Downtown LA, the beach, Westfield Mall, Crypto.com Center, SOFI Stadium, and LAX. This property is located in Unincorporated Los Angeles County. *Property is on LCR3 Zoning. Plans and contractor bid available upon request. Once built, completed, rented the property could be operating at 7.5 Cap!
Listing description from the June 2024 sale, as reported to CRMLS.
Sale history
