About 213 E 87th Pl
Welcome to 213 E 87th Pl. This triplex offers exceptional value and opportunity for investors, first-time home-buyers, and developers. Three spacious units across 2,723 sq ft of livable space: unit 213 is 2 bed 1 bath; unit 215 is 3 bed 1 bath; unit 217 is 3 bed 2 bath. Units 213 and 217 are rented to steady long-term tenants. Unit 215 is vacant and move-in ready. There is over 40% upside from renting all units at market rates. The 6,272 sq ft lot includes a large parking lot with ADU potential. The property is conveniently located off Manchester Blvd and the 110 Freeway, near schools, shopping, entertainment, and more. Zoned R3, which allows for residential development possibilities. This property is ideal for investors seeking an outstanding 7.4% CAP rate from day one with plenty of rental upside, first-time home-buyers to live in the vacant unit, or developers considering future repositioning.
Features of 213 E 87th Pl
| MLS® # | PW26071893 |
|---|---|
| Price | $739,000 |
| Sold Price | $739,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Lot Sqft | 6,272 |
| Acres | 0.14 |
| Year Built | 1927 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Closed |
| # Of Units | 3 |
Community Information
| Address | 213 E 87th Pl |
|---|---|
| Area | C37 - Metropolitan South |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90003 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Parking Spaces | 6 |
| Parking | Driveway, One Space, Private, Uncovered |
| Garages | Driveway, One Space, Private, Uncovered |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Heating | Wall Furnace |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Lot Description | Front Yard, Level, Paved, Street Level |
|---|
Additional Information
| Date Listed | April 3rd, 2026 |
|---|---|
| Date Sold | May 13th, 2026 |
| Days on Market | 14 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chris Barker |
|---|---|
| Office | Yorkshire Realty |