Prevu by reAlpha
BuySellBlogBrowse Listings
placeholder
California>Los Angeles>Gramercy Park

1501 W 87th StreetLos Angeles, CA 90047

For Sale

$950,000

Smart Buyer Rebate $9,500

Welcome to this charming triplex located at 1501 W. 87th St. in the desirable Gramercy Park area of Los Angeles. This well-appointed property features a spacious three-bedroom, two-bathroom front house, perfect for comfortable family living. At the rear, you'll find two separate one-bedroom, one-bathroom units, ideal for rental income or extended family accommodation.The property boasts a generous 2,861 square feet of living space, all situated on a sizable 6,802 square-foot corner lot, providing ample outdoor space and privacy. A three-car garage offers plenty of parking and storage options.Centrally located, this triplex provides convenient access to public transportation and nearby shopping, making it an excellent choice for those seeking a blend of comfort, functionality, and accessibility in a vibrant neighborhood. Don't miss the opportunity to own this versatile property in Gramercy Park!

Listed by Anna Moore

·

License #00918116

·

Wall Street Realty

·

323-348-8631

Last updated June 05, 2026

·

Source: CRMLS #26838321

Listing Facts

  • TypeMulti-family
  • NeighborhoodGramercy Park
  • Bedrooms5
  • Days on Prevu22
  • Size2,861 sqft
  • Price per sqft$332

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/05/2026
Price Decreased
$950,000
05/25/2026
Listed by Wall Street Realty
$1,000,000

Property Details for 1501 W 87th Street

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 2
  • Year Built: 1954

Measurements

  • Building Area Total: 2,861
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,802
  • Lot Size Square Feet: 6,802
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $5,400.00

Taxes

  • Parcel Number: 6037001045

Interior

Features

  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 2,861

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5

Parking

Parking

  • Parking Features: Door-Multi, Garage

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 5 bedrooms in this multi-family home at 1501 W 87th Street.

How does 1501 W 87th Street compare to other multi-family homes in Gramercy Park?

This multi-family home is listed 2% above the average price for multi-family homes in Gramercy Park and has been on the market for 67 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,861 sqft.

1501 W 87th Street is a 5-bedroom multi-family home for sale in Los Angeles CA 90047. On Prevu for 22 days at $950,000. This includes a recent price decrease of $50,000. This property features 2,861 square feet of living space, located in Gramercy Park. The median listing price for multi-family homes in this area is $800,000. The home offers parking. View other multi-family home listings in Los Angeles.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.