Properties

Los Angeles, CA 90003 235 E 87th Street

235 E 87th Street Los Angeles, CA - Image 1235 E 87th Street Los Angeles, CA - Image 2235 E 87th Street Los Angeles, CA - Image 3
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Presented By: Omar Alfaro with Real Brokerage Technologies; 7605599945
  • MLS# HD26039238
  • 02/10/2026
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  • Baths • 1
  • SQFT • 4,320

Home Details

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 Angelesโ€™ steadily growing rental markets. A fantastic opportunity to own a well-positioned multi-unit property in the heart of Los Angeles.
Presented By: Omar Alfaro with Real Brokerage Technologies; 7605599945

Interior Features for 235 E 87th Street

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone
Total Stories2

Other Rooms

Entry Level1

General for 235 E 87th Street

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesSuburban
ContingencySeller will be utilizing 1031 Exchange with this sale
CountyLos Angeles
DirectionsCross streets: Main St and Manchester Ave
Electric Expense
Entry LocationUnit # door
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income84192
HOANo
HOA Fee$
Insurance Expense4000
Land Lease Y/NNo
Listing TermsSubmit
Lot Size Square Feet7593
Lot Size UnitsSquare Feet
MLS AreaC37 - Metropolitan South
Net Operating Income68888
New ConstructionNo
Number Of Units Total6
Operating Expense15304
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot14
Trash Expense5304
Water Sewer Expense6000
Year Built1965
Year Built SourcePublic Records

Exterior for 235 E 87th Street

Building Area Total4320
Lot Features0-1 Unit/Acre
Lot Size Acres0.1743
Lot Size Area7593
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters6
Number of Separate Gas Meters6
Number of Separate Water Meters6
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,250,000
MLS#HD26039238
List Date 02/10/2026
Property Type Multi-Family
Phone 888.795.6274
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