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1242 E 87th Pl, Los Angeles, CA, 90002

$408,000

Home List Price

$4,845*

Closing Credit

2 Bedrooms
1 Full Bath
1,026 SqFt
$398/SqFt
House

Location

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1242 E 87th Pl, Los Angeles$408,000

Buyer Closing Credits

$4,845*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1927
HeatingFloor Furnace
CoolingNone
FireplaceNone
ViewNeighborhood
MLS #DW24235211
Lot Size0.12 Acres
StatusActive

About 1242 E 87th Pl

Investor's Dream Opportunity This 2-bedroom, 1-bath home hasn’t been on the market in over 60 years and is bursting with potential! Ideal for an investor or handy homeowner ready to roll up their sleeves, this property offers the perfect canvas for creativity. Bring your tools and imagination to transform this hidden gem into a true masterpiece. R2 zoning. The possibilities are endless. Home is being sold “AS IS”. Don’t miss this rare chance to invest in a property full of potential.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 1
  • Living Area: 1,026 SqFt

Listing Office:

  • Office Name: ROA California Inc.
  • Office Phone: (323) 570-8664
  • Listing Agent: Anaiza Tellez

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Cross Street Hooper

Price Information

Listing Price Info

Price Summary:

  • List Price: $408,000
  • Price Per SqFt: $398/SqFt

Tax Information:

  • Annual Amount: $916
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1242 E 87th Pl vs Los Angeles

1 DAY ON ROCKET

-37 Days

$408,000

-$615.4K Less

$398/SqFt

-$243 Less

KEY TAKEAWAY

This property is $615.4K less than the Median Sold Price and $243/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24235211

Listing Office:

  • Office Name: ROA California Inc.
  • Office Phone: (323) 570-8664
  • Listing Agent: Anaiza Tellez

IDX 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: 11/21/2024, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$916$24,173
2020$896$23,926
2019$830$23,458
2018$815$22,999
2017$815$22,549

History based on county public records data.

Payment Calculator

$2,104

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,290

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-170213
5
/10

  • Russell Elementary School

  • 1263 Firestone Blvd

  • 0.20 miles

  • Public District Grades PK-6

school-card-donut-170214
2
/10

  • Kipp Ignite Academy

  • 9110 S Central Ave

  • 0.38 miles

  • Public Charter Grades KG-4

school-card-donut-170215
5
/10

  • Judith F. Baca Arts Academy

  • 1536 E 89th St

  • 0.40 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,371. Residents of Los Angeles, CA typically earn less than $35k each year. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1242 E 87th Pl

What is the listing price of this property?

The listing price of 1242 E 87th Pl property is $408,000.

What type of property is this?

The property 1242 E 87th Pl is a house located in Los Angeles, California, 90002.

Is this property for sale now?

Active Listing: 1242 E 87th Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $916 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1242 E 87th Pl has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1242 E 87th Pl is 1,026 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1242 E 87th Pl is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90002›1242 E 87th Pl

This home is located at 1242 E 87th Pl in Los Angeles, CA and zip code 90002 in the South LA neighborhood. This 1,026 square foot home, which was built in 1927, sits on a 0.12 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $408,000.

In October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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