$1,135,000
-$64,000235 E 87th Street, Los Angeles CA 90003
Multi-Family (6 Units)
Property type
103 days
On market
$263
Price per sqft
0 cars
Garage
1965
Year built
7,593 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Omar Alfaro DRE #01358569, Real Brokerage Technologies
Listing updated: May 5, 2026 at 06:56pm.
Last checked: Jun 4, 2026 at 01:30pm
Source: CRMLS #HD26039238
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,099 | $1,099 | $2,800 | Furnished |
| 1 | 2 | 1 | — | $1,078 | $1,078 | $2,800 | Furnished |
| 1 | 2 | 1 | — | $1,004 | $1,004 | $2,800 | Furnished |
| 1 | 2 | 1 | — | $1,671 | $1,671 | $2,800 | Furnished |
| 1 | 2 | 1 | — | $1,084 | $1,084 | $2,800 | Furnished |
| 1 | 2 | 1 | — | $1,080 | $1,080 | $2,800 | Furnished |
# of Buildings: 1
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 6
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
13.5x
List Price / Annual Gross Rent
Cap Rate
6.07%
NOI / List Price
Gross Scheduled Income: $84,192
Operating Expense: $15,304
Net Operating Income: $68,888
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $4,000
Professional Management: $0
Trash: $5,304
Water / Sewer: $6,000
Interior
Laundry: None
Entry Location: Unit # Door
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 6041016012
Additional Parcels: No
Tax Lot: 14
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Suburban
Nearby Schools
Nearby schools around the 235 E 87th Street, Los Angeles, CA 90003. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$908,000
Total Interest
$1,158,104
Total Payment
$2,066,104
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,071
per month
Property History for 235 E 87th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90003.
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