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Image 1 - Welcome Baptist Church, East 87th Street, Los Angeles, CA 90002, USA - House for sale
Image 2 - Welcome Baptist Church, East 87th Street, Los Angeles, CA 90002, USA - House for sale
Image 3 - Welcome Baptist Church, East 87th Street, Los Angeles, CA 90002, USA - House for sale
Image 4 - Welcome Baptist Church, East 87th Street, Los Angeles, CA 90002, USA - House for sale
Home For Sale In Los Angeles, California
Welcome Baptist Church, East 87th Street, Los Angeles, CA 90002, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/07/24

Welcome Baptist Church, East 87th Street, Los Angeles, CA 90002, USA

10 Bed:
10 Bath:
4,894 Sq Ft Living Area:
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Price
$ 1,68M

About This House

2 story building consisting of 10 residential units in high demand area in the city of Los Angeles. The property is a mix of 1 - 2 bed 1 bath, 8- 1 bed 1 bath and 1 studio units. There are 4 single car garages that are individually lease for extra income. Most units have updated windows, updated interiors and individual water heaters. The exterior has recently been updated and seller spent over $200K to complete a seismic retrofit to meet city of Los Angeles retrofit code. This is a great opportunity for the savvy investor due to upside on rents. Located close to public transportation, local amenities and minutes from Downtown Los Angeles. Next door twin building which shares a courtyard with the subject property is also for sale. 2 separate APN's and both properties must be sold together. Next door building address is: 8708 S.Central Avenue.

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Los Angeles Housing & Living

Average sale prices for houses

2 bed
3 bed
4+ bed
Show as List Show as Graph
In April 2024, the asking price for 2 bed houses for sale in/near Los Angeles, United States averaged $1,153,562, a decrease of 13.1% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of April 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.