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. Built in 1965, on a 0.17 acres lot.
Key Features
- Built in 1965
- 0.17 acre lot
- 2 stories
Property 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 Angeles' steadily growing rental markets. A fantastic opportunity to own a well-positioned multi-unit property in the heart of Los Angeles.
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
Questions & Answers
This 12-bedroom, 6-bathroom multi-family at 235 E 87th Street is listed at $1,135,000. The estimated monthly payment is $6,070 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1965, 0.17 acre lot, 2 stories.
This property is listed by Omar Alfaro and can be reached at 7605599945.
