$1,299,950

235 E 87th Street, Los Angeles, CA 90003

  • 4,320 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $301/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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.

Listing Status:
Active
Date Added:
February 22, 2026
Data Last Updated:
March 10, 2026 at 4:09PM
Listing Office:
Real Brokerage Technologies : 855-450-0442
Listing Agent:
Omar Alfaro : 760-559-9945
MLS ID:
CRHD26039238
  • Laundry: No Hookups
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: 6041016012
  • Source: CRMLS

This listing courtesy of Omar Alfaro , Real Brokerage Technologies

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Park Elementary School

8510 Towne Ave, Los Angeles, CA, 90003

Grades KG-6

0.26 miles away

B

Bret Harte Preparatory

9301 S Hoover St, Los Angeles, CA, 90044

Grades 6-8

1.10 miles away

D

Dymally High School

8800 S San Pedro St, Los Angeles, CA, 90003

Grades 9-12

0.17 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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