$610,000

Estimated payment $3,530/month

Total Views 608
-- Bed
4 Baths
1,260 Sq Ft
$484 Price per Sq Ft

Highlights

  • City View
  • Bathtub with Shower
  • 1-Story Property
  • Wood Flooring
  • Bungalow
  • 4 Detached Carport Spaces

About This Home

Excellent Residential Income Opportunity! 623 and 619 E 87th Street are two separate residential income properties being offered together, presenting an outstanding investment opportunity with strong income-producing potential. Together, the properties offer a combined seven-unit portfolio featuring a desirable mix of four studio units (623 E 87th) and two 1-bedroom, 1-bath units, one detached 2-bedroom, 1-bath house (619 E 87th), creating multiple rental income streams and appealing to a variety of tenants. Conveniently located in Los Angeles with easy access to major transportation corridors, shopping centers, schools, dining, and everyday neighborhood amenities, these properties offer both convenience and long-term investment appeal.

Listing Agent

Brenda Ashby

JohnHart Corp. License #01700249 Listed on: 06/17/2026

JohnHart Corp.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 5,200 Sq Ft Lot
  • West Facing Home

Home Design

  • Bungalow
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • City Views

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 4 Bathrooms
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • 4 Detached Carport Spaces

Location

  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street
  • Public Hookup Available For Sewer

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 6042-001-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

5,200 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Excellent Residential Income Opportunity! 623 and 619 E 87th Street are two separate residential income properties being offered together, presenting an outstanding investment opportunity with strong income-producing potential. Together, the properties offer a combined seven-unit portfolio featuring a desirable mix of four studio units and two 1-bedroom, 1-bath units, one detached 2-bedroom, 1-bath house, creating multiple rental income streams and appealing to a variety of tenants. Conveniently located in Los Angeles with easy access to major transportation corridors, shopping centers, schools, dining, and everyday neighborhood amenities, these properties offer both convenience and long-term investment appeal.
  • Alley: Yes
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 1260
  • Lot Acreage: 0.1194
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Dishwasher: 0
  • Flooring: Wood, Linoleum
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Kitchen Features: Counter Top
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Refrigerator
  • Price Per S Q F T: 484.13

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Number Patio: 0
  • Paved: Yes
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Carport Spaces: 4
  • Covered Parking: 4
  • Number Rented Garages: 0
  • Parking Garage: Carport, Carport Detached
  • Total Parking: 4

Utilities

  • Water District: LACWD
  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 0
  • Sewer: Public Hookup Available, In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 29.58
  • Assessed Improvement Value: 53803
  • Assessed Land Percent: 70.42
  • Assessed Land Value: 128110
  • Total Assessed Value: 181913
  • Assessor Parcel Number: 6042-001-020
  • Lot Description: 2-4 Lots, Alley Paved, Sidewalks, Street Paved, Walk Street
  • Lot Location: City
  • Lot Size Area: 5200

Rental Info

  • Number Leased: 0
  • Total Actual Rent: 2730.00
  • Land Lease Type: Fee
  • Monthly Gross Income: 1980.00
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas, Move In Fee

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.62
  • Gross Scheduled Income: 32760.00
  • Gross Spendable Income: 23762.00
  • Number Of Units: 4
  • Type Of Units: Studios

Tax Info

  • Private Transfer Taxes: No
  • Tax Total: 3050.85
  • Tax Rate Year: 2025

MLS Schools

  • School District: Los Angeles Unified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,051 $181,913 $128,110 $53,803
2024 $2,998 $178,348 $125,599 $52,749
2023 $2,948 $174,852 $123,137 $51,715
2022 $2,837 $171,424 $120,723 $50,701
2021 $2,797 $168,063 $118,356 $49,707
2020 $2,815 $166,341 $117,143 $49,198
2019 $2,722 $163,081 $114,847 $48,234
2018 $2,619 $159,885 $112,596 $47,289
2016 $2,492 $153,678 $108,225 $45,453
2015 $2,452 $151,371 $106,600 $44,771
2014 $2,474 $148,406 $104,512 $43,894
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/17/2026 06/17/26 For Sale $610,000 -- $484 / Sq Ft
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $142,000 First American Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Gift Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $106,500 New Conventional
Source: Public Records

Source: The MLS

MLS Number: 26848553

The MLS

APN: 6042-001-020

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