600 E 87th ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90002
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25068898
HOA Y/N No
Year Built 1947
Lot Size 5,501 Sqft
Property Sub-Type Apartment
Property Description
*** PRICE IMPROVEMENT *** Unlock the potential of this prime 5-unit apartment complex, ideally positioned on a corner lot near Manchester Avenue and the 110 Freeway. With unbeatable access to downtown Los Angeles, LAX, and key transit corridors, this location is a magnet for renters seeking convenience and connectivity. All five units are currently occupied by long-term tenants, offering immediate and reliable cash flow. Recent upgrades include individual electrical sub-panels for each unit—boosting safety, efficiency, and compliance with modern standards. Tenants enjoy gated parking for added security and ease, while the surrounding neighborhood continues to benefit from ongoing revitalization efforts. Just minutes from popular dining spots, grocery stores, and retail centers, this property sits at the heart of a thriving rental market. Whether you're a seasoned investor or entering the multifamily space, this is a rare opportunity to acquire a stabilized asset in one of L.A.'s most dynamic growth zones. Don't miss your chance to capitalize on location, income, and long-term upside.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LAC2
Interior
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Appliance Gas Range
Laundry None
Exterior
Parking Features On Site,Private,One Space
Fence Chain Link
Pool None
Community Features Curbs,Sidewalks
View Y/N Yes
View Neighborhood
Roof Type Composition,Shingle
Total Parking Spaces 5
Private Pool No
Building
Lot Description Corner Lot
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6042004015
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry,Submit
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange,Owner May Carry,Submit
Special Listing Condition Standard
Lease Land No