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About This Home
This 12-bedroom, 6-bathroom multi-family at 235 E 87th Street in Los Angeles, CA is listed for $1,135,000 ($263 per sqft). Built in 1965, the home offers 4,320 sqft of living space on a 0.17 acres lot.
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.
Key Features
- Built in 1965
- 0.17 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$6,070/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
235 E 87th Street
Los Angeles, CA 90003
Features & Amenities
Exterior Features
Questions & Answers
This 12-bedroom, 6-bathroom multi-family at 235 E 87th Street is listed at $1,135,000 ($263/sqft). The estimated monthly payment is $4,918 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.17 acre lot, 2 stories. Exterior Features: Community Features Included: Suburban, 0-1 Unit/Acre.
This property is listed by Omar Alfaro and can be reached at 7605599945 or omar@omaralfaro.com.








