Millman Team Real Estate

$699,000
0.12 Acre Lot

632 E 87th Place, Los Angeles, California 90002

  • Land Property Type
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 backyard—ideal 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 K–12 schools, supermarkets, and the world-famous Roscoe’s 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).”

Basic Details
Land
For Sale
SR25248079
$699,000
None
0.12 Acre
Active
Features
: Privacy
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities
$0
Address Map
CA
Los Angeles
Los Angeles
90002
87th
632
Place
632 E 87th Place, Los Angeles
C37 - Metropolitan South
E
R2-1
Additional Information
$0
$0
$0
$0
$0
: Sidewalks, Curbs, Urban
: Front Yard, Yard, Walkstreet, Lawn, Value In Land
2025-10-29
599000
: Public
Broker/Agent Information
Equity Union
Natalie Alchadeff
Listing Information
F207057914
SR8595005
Cash,Conventional,FHA,Fannie Mae,Freddie Mac
Active
2025-12-18T16:43:28Z
CRMLS
: Trust
2025-12-18T08:35:26Z
Agent info
Ray Millman
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