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ResidentialIncome — 235 E 87th Street, Los Angeles, CA

$1,135,000

235 E 87th Street, Los Angeles, CA

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About this property

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.

Property details

Year built
1965
Property type
ResidentialIncome

Location

235 E 87th Street • Los Angeles, CA 90003

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Listed by

Omar Alfaro · Real Brokerage Technologies