Listing provided courtesy of Wall Street Realty- MLS# 26838321
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Request Info1501 W 87th StLos Angeles, CA 90047
Multi-Family · 5 Beds · 2,861 Sq. ft. | 0.16 Acres$950,000
Active
1501 W 87th St Overview
- Time on Site:
- 35 days
- Visits:
- 0
Welcome to this charming triplex located at 1501 W. 87th St. in the desirable Gramercy Park area of Los Angeles. This well-appointed property features a spacious three-bedroom, two-bathroom front house, perfect for comfortable family living. At the rear, you'll find two separate one-bedroom, one-bathroom units, ideal for rental income or extended family accommodation.The property boasts a generous 2,861 square feet of living space, all situated on a sizable 6,802 square-foot corner lot, providing ample outdoor space and privacy. A three-car garage offers plenty of parking and storage options.Centrally located, this triplex provides convenient access to public transportation and nearby shopping, making it an excellent choice for those seeking a blend of comfort, functionality, and accessibility in a vibrant neighborhood. Don't miss the opportunity to own this versatile property in Gramercy Park!
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1501 W 87th St Facts & Features
- Type Multi-Family
- Sq. ft. 2,861
- Price/Sq.ft. $332
- Lot 0.16 Acres
Details
General
Income/Expenses
- Gross Income: 5400
Building Information
- Year Built: 1954
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Metropolitan Southwest
Tax Information
- Tax Assessed Value: 375329
General Information
- Disclosures: As Is
- Property Type: Residential Income
- Zoning: LAR1
Interior
Beds/Baths
- Bathrooms Total: 4.00
- Bedrooms Total: 5
General Information
- Cooling: None
- Heating: Wall
- Levels: Two
- Living Area: 2861
- Living Area Source: Vendor Enhanced
- Stories: 0
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Lot Size Acres: 0.1561
- Lot Size Area: 6802
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 2
General Information
- Number Of Units Total: 3
- Other Structures: Other
1501 W 87th St Neighborhood
Community
90047 (Los Angeles) Demographics
38
Median Age
10,793
Population Density (per sq. mile)
26%
College Educated
$58,830
Estimated Median Income
9,505
Estimated Total Home Owners
7,692
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1501 W 87th St Monthly Cost
1501 W 87th St Market Data
Based on the last 30 days in this zip code
$773,162
Average List Price
$536
Average Price per Square Foot
21
Properties Sold
79
Average Days on Market
287
Properties for Sale
1501 W 87th St History
| Date | Value | Agent |
|---|---|---|
| 6/5/2026Source: CRMLS | $950,000 -5.0% |
|
| 6/5/2026Source: TheMLS (CLAW) | $950,000 -5.0% |
|
| 5/25/2026Source: CRMLS | May 25, 2026 |
|
| 5/25/2026Source: TheMLS (CLAW) | May 25, 2026 |