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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.

Agent 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.

Key Features

  • Built in 1965
  • 0.17 acre lot
  • 2 stories

Property Details

2 stories
6 full
1965

Monthly Cost Estimate

$6,070/mo

20% down · 6.5% · 30 years

Principal$821
Interest$4,918
Insurance$331

Estimates only. Actual payments may vary.

Location

235 E 87th Street

Los Angeles, CA 90003

Features & Amenities

Exterior Features

Community Features Included: Suburban0-1 Unit/Acre

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.

OA

Omar Alfaro

Agent at Real Brokerage Technologies

(760) 559-9945

Listed by Real Brokerage Technologies · View on Broker Site

MLS# HD26039238· Source: listhub· Updated 99 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

235 E 87th Street, Los Angeles, CA 90003

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