CA > Los Angeles
Los Angeles, CA 90002,600 E 87th ST
Los Angeles, CA 90002,600 E 87th ST
Los Angeles, CA 90002,600 E 87th ST
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$699,000
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5,501 Sqft Lot
Price Dropped by $200K

600 E 87th ST Los Angeles, CA 90002

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Jim Davey

Jim Davey

+1(760) 419-5581

UPDATED:

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

CRMLS – RECore
Listed by Janeth Boctor Real Broker 949-351-6959

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agent

Jim Davey

Broker Associate | License ID: 00829027

+1(760) 419-5581

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