$10,000 Closing Credit¹
#SR24076846, Laura Ramos, Listing Office: Mission Real Estate
#TR25025225·
Listing Office: New Century Homes·
Listing Agent: Vincent Perez·
Listing Office Phone: 626-255-4176
$850,000 List price
1616 E 87th St Los Angeles, CA 90002
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1616 E 87th St
!!!!!!ATTENTION!!!!!! ATTENTION!!!!!! Two houses on a lot, with approved Blue Prints to be renovated and converted into 3 Units. Currently consist of a 3 Bedroom 2 Bath front house and a 2 Bedroom 1 Bath rear house. Front house was approved by the city to be converted into 2 units, consisting of a 3 bedrooms 1 bath front unit, 1 bedroom 1 bath ADU, (Additional dwelling unit) with the third unit staying as a 2 bedrooms 1 bath. Most of the renovation work has been finished, and a good number of the conversion requirements are done, however, the general contractor die before finalizing the job. Owner acquired bids from other contractors to finish the job. However, due to unforeseen issues out of the owner’s control, they are no longer in a position to continue with the work and finalize the project. It will be up to the new owners to keep it as two units or finish the project to have one more rent.
Highlights
Home typeDuplex
StatusActive
Lot size0.13 Acres
Year built1910
MLS #TR25025225
Summary
- MLS Number: TR25025225
- MLS Name: CRMLS
- Office Name: New Century Homes
- Office Phone: (626) 255-4176
- Listing Agent: Vincent Perez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
1616 E 87th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 17, 2023 | Home Sold | $665,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $678,300 | $9,322 |
| 2023 | $24,204 | $1,318 |
| 2022 | $23,730 | $1,293 |
| 2021 | $23,266 | $1,271 |
| 2020 | $23,028 | $1,249 |
| 2019 | $22,577 | $1,178 |
| 2018 | $22,135 | $1,160 |
| 2017 | $21,702 | $1,160 |
History based on county public records data.
Nearby schools
5
Judith F. Baca Arts Academy
Public District KG-6
0.2 mi
•1536 E 89th St
5
Russell Elementary School
Public District PK-6
0.4 mi
•1263 Firestone Blvd
5
Graham Elementary STEAM Academy
Public District KG-6
0.4 mi
•8407 S Fir Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,632. Residents of Los Angeles, CA typically earn less than $<35k each year. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
57%
<35k
39%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
26%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
38%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
13%
12-17 yrs old
27%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 1616 E 87th St in Los Angeles, CA and zip code 90002 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $850,000.
In February 2025 more than 212 listings in Los Angeles, CA were sold above the asking price. During the same period more than 105 listings were sold at asking price, while more than 280 were sold below. Between January and February 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $989,396.
From Rocket Homes Real Estate and based on county public records data.