Duplex on a 6,084 SF Lot with ADU Potential

Highlights:

• 6,084 SF LCR320U-zoned lot, perfect for expansion or redevelopment
• Vacant 3-bed unit (up to $3,528 Section 8) + tenant-occupied 2-bed unit ($1,928, potential $2,748)
• Ideal for rental income or future expansion
• Vacant 2-car garage with conversion potential for extra income
• Minutes from Downtown LA, SoFi Stadium, and Hollywood Park
• Easy commute with proximity to 110/105 freeways and high Walk Score

Description:

PartnersCRE is proud to exclusively present for sale a prime 2-Unit Residential Income Property with incredible investment potential at 1136 W 87th St, Los Angeles, CA 90044, just minutes from Downtown Los Angeles. This vibrant and centrally located neighborhood offers the best of city living, providing residents with convenient access to top-tier dining, entertainment, and cultural experiences. With its proximity to major employment hubs and entertainment districts, this location is ideal for tenants seeking a dynamic urban lifestyle while enjoying the comfort of a residential setting.

Situated on a spacious 6,084 SF LCR320U-zoned lot, this well-maintained duplex offers an excellent opportunity for both investors and owner-occupiers. Built in 1918, the property retains its original charm while providing potential for modernization. The front unit, a 3-bedroom, 1-bathroom home, will be delivered vacant, allowing new owners to set market rent or capitalize on Section 8 Voucher Payment Standards of up to $3,528 per month. The rear unit, a 2-bedroom, 1-bathroom home, is currently tenant-occupied, generating $1,928 per month, with the potential to increase to $2,748 under Section 8.

Adding to its appeal, the property includes a detached two-car garage that will be delivered vacant. Equipped with electricity, plumbing, and sewage, the garage is perfectly suited for an ADU conversion, providing an excellent opportunity for additional rental income or personal use. The lot’s size and zoning offer flexibility for future expansion or redevelopment, making it an attractive investment.

Located just a short drive from SoFi Stadium and Hollywood Park, this property benefits from the rapid growth and revitalization of Inglewood’s booming entertainment district. With the stadium hosting world-class concerts, major sporting events, and year-round attractions, the area continues to draw demand from renters seeking a prime location with easy access to premier amenities. Additionally, the property enjoys excellent connectivity with the 110 and 105 freeways, ensuring a seamless commute to key areas throughout Los Angeles.

Designated as Very Walkable, Excellent Transit, and Bikeable by Walk Score, this property offers a highly desirable location for tenants looking to experience everything Los Angeles has to offer. With its central location, strong rental potential, and development opportunities, this is a rare chance to invest in one of LA’s most exciting and evolving neighborhoods.

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