1834 W 87th Street

Description

Live in one and rent the others! Rare South Los Angeles Triplex offering an exceptional owner-user or investment opportunity. This property features a detached 3 bed/ 2 bath front house with two additional units in the rear-- 1 bed/1 bath and a studio/1 bath (studio delivered vacate at closing). Situated on a 6,751 sq ft LAR3-zoned lot with on-site laundry, the property creates a residential feel that provides flexibility for both investors and potential owner-users. For owner-users, the layout offers an affordable path to homeownership-- live in one unit and rent the others, allowing the rental income to help offset the mortgage. For investors, the property offers stable rental income with significant upside potential at market rents in a supply-constrained Los Angeles housing market. The property has been well maintained and is ideally located in one of South LA's active growth corridors-- just one block from St. Andrews Recreation Center, featuring expansive green space, basketball and baseball fields, a walking track, playground, and gym. The property also offers convenient access to public transit and is within walking distance to Ralphs and Superior grocery stores. Centrally located with easy access to major freeways and just minutes from Inglewood, SoFi Stadium, Intuit Dome, and LAX. A compelling opportunity to acquire a three-unit property in Los Angeles with income potential, owner-user flexibility, and long-term development possibilities (buyer to verify).