600 E 87th Street, Los Angeles, CA 90002

0 beds 0 baths 5,502 sq.ft.

Offerered at: $899,000.00

County: Los Angeles
Year Built: 1947
Association Fees: $0.00/mo.

Property Description

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.

ESSENTIAL INFO

  • Status: Active
  • Architecture: Traditional