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623 E 87th Street Los Angeles, CA $ 610,000
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623 E 87th Street
$ 610,000
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623 E 87th Street

Los Angeles, CA, 90002
$ 610,000
Baths1.0 Sq 1,260

Monthly Estimate*

$ 3,756

Listed by JohnHart Corp.
623 E 87th Street, Los Angeles, CA 90002 - Image 1
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623 E 87th Street, Los Angeles, CA 90002 - Image 8
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623 E 87th Street, Los Angeles, CA 90002 - Image 17
Studio

Multi-Family Home for sale in Los Angeles, CA

for $610,000 with 1 full bath. This 1,260 square foot home was built in 1947 on a lot size of 0.1194.

Excellent Residential Income Opportunity! 623 E. 87th Street is a four-unit apartment property totaling approximately 1,260 square feet and consisting of four studio units, offering an attractive investment opportunity with income-producing potential. The property features four covered carport parking spaces and low-maintenance studio layouts that appeal to a wide range of tenants. Conveniently located in Los Angeles with easy access to major transportation corridors, shopping centers, schools, dining, and neighborhood amenities. Whether you're an investor seeking to expand your portfolio or looking for a multi-unit property with long-term upside, this well-located income property presents an exceptional opportunity.

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Multi-Family Active

Price

$ 610,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1194

Year Built

1947

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26848553

Days on Market

2
Features
General
Living Area 1260
Sewer Other
Heating Wall Furnace
Possession Close Of Escrow
Appliances Refrigerator
Zoning LAR2
Patio/Porch Features None
Architectural Style Bungalow
Pool Features None
Construction Materials Stucco
Year Built 1947
Tenant Pays Cable TV Electricity Gas
View City Lights
Stories Count 1
Levels One
Gross Income 32760
Accessibility None
County Los Angeles
Net Operating Income 23762
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction West
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Between Avalon and McKinney Ave one block south of Manchester Blvd.
City Los Angeles
Disclosures Trust/Conservatorship
Entry Location Living Room
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 4
MLS Area C37 - Metropolitan South
Lot Size Units Square Feet
Lot Size Square Feet 5200
Carport Spaces 4
Carport Y/N true
Number of Units Leased 0
Listing Terms Cash Conventional
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Property Condition Repairs Cosmetic
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Cap Rate 3.9
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Interior
Interior Amenities Ceiling Fan(s)
Flooring Wood
Fireplace Features None
Total Stories 0
Common Walls 1 Common Wall
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features None
Total Bedrooms 0
Entry Level 1
Total Baths 4
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Exterior
Parking Features Carport Detached Carport
Total Parking 4
Lot Size Area 5200
Foundation Details Slab
Number of Buildings 1
Spa false
Building Area Total 1260
Lot Size Acres 0.1194
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Johnhart Corp.

Broker

bashbyvp@gmail.com

Email

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$3,756
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Monthly Principal & Interest
$3,756
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/17/2026$610,000 Listed Price

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623 E 87th Street, Los Angeles, CA, 90002 is a Multi-Family Home for sale at $610,000 with 1,260 sqft and a lot size of 0.1194. 623 E 87th Street is a studio with 1.0 baths and was built in 1947. The property's zip code is 90002 which is in Los Angeles, CA

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