Discover this prime investment opportunity—a 5-unit apartment complex situated on a corner lot near Manchester Avenue and the 110 Freeway. This property offers convenient access to major transportation routes, making it an ideal location for tenants seeking connectivity to downtown Los Angeles, LAX, and surrounding neighborhoods. All five units are currently tenant-occupied with long-term residents, providing stable rental income from day one. Recent upgrades include electrical sub-panels for each unit, enhancing both safety and efficiency to meet today’s electrical needs. Additional amenities include gated parking for tenant convenience and peace of mind. Set within a vibrant community undergoing continuous revitalization, this property is just minutes from local dining hotspots, grocery stores, and retail centers—making it a highly desirable location for renters. Whether you''re looking to expand your portfolio or secure a steady income stream in one of L.A.’s most dynamic areas, this opportunity is not to be missed.
Property Details
Price:
$899,000
MLS #:
OC25068898
Status:
Active
Baths:
0
Address:
600 E 87th Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Mar 28, 2025
State:
CA
ZIP:
90002
Lot Size:
5,502 sqft / 0.13 acres (approx)
Year Built:
1947
See this Listing
Mortgage Calculator
Schools
Interior
Appliances
Gas Range
Cooling
None
Fireplace Features
None
Heating
Wall Furnace
Exterior
Community Features
Curbs, Sidewalks
Fencing
Chain Link
Garage Spaces
0.00
Lot Features
Corner Lot
Parking Features
On Site, Parking Space, Private
Parking Spots
5.00
Pool Features
None
Roof
Composition, Shingle
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity
Map
Community
- Address600 E 87th Street Los Angeles CA
- Area699 – Not Defined
- CityLos Angeles
- CountyLos Angeles
- Zip Code90002
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600 E 87th Street
Los Angeles, CA
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