Prevu by reAlpha
BuySellBlogBrowse Listings

235 E 87th StreetLos Angeles, CA 90003

For Sale

$1,299,950

Smart Buyer Rebate $13,000

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.

Listed by Omar Alfaro

·

License #01358569

·

Real Brokerage Technologies

·

7605599945

Last updated February 22, 2026

·

Source: CRMLS #HD26039238

Listing Facts

  • TypeMulti-family
  • NeighborhoodBroadway - Manchester
  • Days on Prevu22

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/22/2026
Listed by Real Brokerage Technologies
$1,299,950

Property Details for 235 E 87th Street

Association

Amenities

  • Community Features: Suburban

Exterior

Construction

  • Number Of Units Total: 6
  • Property Attached: Yes
  • Stories Total: 2
  • Year Built: 1965
  • Common Walls: Item2CommonWalls
  • Entry Level: 1
  • Entry Location: Unit # door

Measurements

  • Building Area Total: 4,320
  • Building Area Units: Square Feet
  • Lot Features: Item01Unit Acre
  • Lot Size Acres: 0.17
  • Lot Size Area: 7,593
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,593
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $84,192.00
  • Operating Expense: $15,304.00

Taxes

  • Parcel Number: 6041016012

Other

Location

  • Tax Lot: 14

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 235 E 87th Street.

How does 235 E 87th Street compare to other multi-family homes in Broadway - Manchester?

This multi-family home is listed 31% above the average price for multi-family homes in Broadway - Manchester and has been on the market for 71 less days than the typical home in this area.

235 E 87th Street is a -bedroom multi-family home for sale in Los Angeles CA 90003. Available on Prevu for 22 days at $1,299,950. This residence is located in Broadway - Manchester. The median listing price for multi-family homes in this area is $750,000. Property amenities include parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.