235 E 87th Street Los Angeles, CA $ 1,299,950
235 E 87th Street
$ 1,299,950
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235 E 87th Street

Los Angeles, CA, 90003
$ 1,299,950
Baths1.0 Sq 4,320

Monthly Estimate*

$ 8,004

Listed by Real Brokerage Technologies
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,299,950 with 1 full bath. This 4,320 square foot home was built in 1965 on a lot size of 0.1743.

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.

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Multi-Family Active

Price

$ 1,299,950

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1743

Year Built

1965

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

HD26039238

Days on Market

13

Features
General
Sewer Public Sewer
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1965
Property Subtype Apartment
Gross Income 84192
Community Features Suburban
County Los Angeles
Net Operating Income 68888
Operating Expense 15304
Insurance Expense 4000
New Construction false
Property Type Residential Income
HOA false
Contingency Seller will be utilizing 1031 Exchange with this sale
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross streets: Main St and Manchester Ave
City Los Angeles
Entry Location Unit # door
Senior Community Y/N false
Number Of Units Total 6
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 7593
Listing Terms Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 5304
Water Sewer Expense 6000
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 14
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls Item2CommonWalls
Laundry Features None
Entry Level 1
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Total Parking 0
Lot Size Area 7593
Number of Buildings 1
Building Area Total 4320
Lot Size Acres 0.1743
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 6
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
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* Excluded Features
List By
Real Brokerage Technologies

Broker

omar@omaralfaro.com

Email

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$8,004
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Monthly Principal & Interest
$8,004
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/22/2026$1,299,950 Listed Price

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235 E 87th Street, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $1,299,950 with 4,320 sqft and a lot size of 0.1743. 235 E 87th Street is a studio with 1.0 baths and was built in 1965. The property's zip code is 90003 which is in Los Angeles, CA