Los Angeles, CA 90002 600 E 87th Street
$899,000
6 more
Presented By: Janeth Boctor with Real Broker;
Beds • 5
Baths • 5
SQFT • 1,872
Year Built • 1947
Home Details
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.
Presented By: Janeth Boctor with Real Broker;
Interior Features for 600 E 87th Street
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories1
Other Rooms
Entry Level1
General for 600 E 87th Street
Additional Parcels Y/NNo
AppliancesGasRange
Architectural StyleTraditional
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, Sidewalks
ContingencyPlease submit offers with POF, and Preapproval subject to interior inspection.
CoolingNone
CountyLos Angeles
DirectionsCorner of 87th St and Avalon Blvd
Electric On Property Y/NNo
Entry LocationGate
Garage Spaces0.0
Garage Y/NNo
Gross Income600.0
HOANo
HOA Fee$0.0
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense7287.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional
Lot Size Square Feet5502.0
Lot Size UnitsSquareFeet
MLS Area699 - Not Defined
MaintenanceExpense704.0
MobileHomeRemainsYNNo
Net Operating Income21538.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased5
Open Parking Spaces5.0
Operating Expense20056.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot85
Tenant PaysElectricity
Total Actual Rent40560.0
Trash Expense3300.0
ViewNeighborhood
Water Sewer Expense3300.0
Year Built1947
Year Built SourceAssessor
ZoningLAC2
Exterior for 600 E 87th Street
Building Area Total1872.0
Crops Included Y/NNo
FencingChainLink
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.1263
Lot Size Area5502.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesOnSite, Private, OneSpace
Private PoolNo
Road Frontage TypeCityStreet
SpaNo
Total Parking5.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
