Los Angeles homes
For sale252 days on market
$1,135,000

235 E 87th Street, Los Angeles, CA 90003

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Beds
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Baths
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Sq ft

About this home

Excellent investment opportunity in the highly desirable Metropolitan South area of Los Angeles! This 6-unit apartment complex features six spacious 2-bedroom, 1-bathroom units, with three units located downstairs and three units upstairs, offering a well-balanced and functional layout. The property provides ample on-site outdoor parking for up to 12 vehicles, a rare and valuable amenity for the area. An exterior electric gate adds an extra layer of security and privacy for tenants. All units are currently tenant-occupied, offering immediate rental income for the next owner. Conveniently located near the 110 Freeway, the property offers easy access for commuters and is just minutes from a wide variety of retail stores, restaurants, and everyday conveniences. This centrally located asset presents strong long-term upside potential in one of Los Angeles’ steadily growing rental markets. A fantastic opportunity to own a well-positioned multi-unit property in the heart of Los Angeles.

Type
Apartment
Year built
1965
Lot
7,593 sq ft
Garage
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HOA
None
Pool
No
View
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Solar
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Estimated payment
$7,158/mo
  • Principal & interest$5,739
  • Property tax (est.)$1,088
  • Home insurance (est.)$331

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of Omar Alfaro, Real Brokerage Technologies, 7605599945. MLS# HD26039238. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:00 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

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