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$610,000
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Property Description
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.
Full Property Details
Full Property Details for 623 E 87th St
General
- Price: $610,000
- Taxes: (2025)
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26848553
- Updated: 7/9/2026
- Added to Site: 24 day(s) ago
Interior
- Cooking Appliances: None
- Flooring: Wood, Linoleum
Rooms
Bathrooms
- Total Bathrooms: 4
- Bathroom Features: Shower Over Tub
Other Rooms
- Laundry: None
Additional Information
- Shared Amenities: None
- Pool Description: None
- Spa Description: None
- Security/Safety: None
- Other Features: None
Exterior
- Deck/Patio: None
Parking
- Covered Spaces: 4
- Garage Description: Carport, Carport Detached
Location
- Area: Metropolitan South
- County: Los Angeles
- Cross Streets: 87th St and Avalon
- Driving Directions: Between Avalon and McKinney Ave, one block south of Manchester Blvd.
- Direction Faces: West
School Information
- School District: Los Angeles Unified
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Utilities
- Sewer: Public Hookup Available, In Street
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- # Buildings: 1
- Architectural Style: Bungalow
- Exterior Const.: Stucco
- Basement Desc.: Slab
- Foundation: Slab
- Roof: Asphalt
- Common Walls: Attached
- Disability Access: None
- Entry Floor Number: 1
- Entry Location: Living Room
- Stories/Levels: 0
- Square Feet: 1,260
- Sq. Ft. Source: Assessor
- Year Built: 1947
- Year Built Source: Assessor
- Property Condition: Repair Cosmetic
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
Unit 2
- Total Bathrooms: 1
Unit 3
- Total Bathrooms: 1
Unit 4
- Total Bathrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: City
- Lot Size (Acres): 0.1194
- Lot Size: 5200
- Lot Size Source: Assessor
- Alley: Yes
- Irrigation System: None
- Lot Features: City
- Zoning: LAR2
- Lot Description: 2-4 Lots, Alley Paved, Sidewalks, Street Paved, Walk Street
Financial Considerations
- Price Per Sq. Ft.: $484.13
- Assessment Year: 1947
- Tax Year: 2025
- Owner Pays: Water, Gardener
- Tenant Pays: Electricity, Cable TV, Gas, Move In Fee
Disclosures and Reports
- Disclosures/Reports: Trust/Conservatorship
- APN: 6042-001-020
Listed by JohnHart Corp., Brenda Ashby
Get Pre-Approved Today
Schools
Schools serving 623 E 87th St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
South Park Elementary School 8510 Towne Avenue, Los Angeles, CA 90003 | K-6 | 0.1 mi |
Charles Drew Middle School 8511 Compton Avenue, Los Angeles, CA 90001 | 7-8 | 0.9 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.3 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.8 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.7 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.7 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.7 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 623 E 87th St
Date
Details
Price
Change
Source
6/17/2026
Listed
$610,000
329.58%
MLS
1/12/2011
Sold
$142,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 623 E 87th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,051
3%
$181,913
4%
2023
$2,948
4%
$174,852
2%
2022
$2,837
1%
$171,424
2%
2021
$2,797
-1%
$168,063
1%
2020
$2,815
3%
$166,341
2%
2019
$2,722
4%
$163,081
2%
2018
$2,619
2%
$159,885
2%
2017
$2,561
3%
$156,751
2%
2016
$2,492
2%
$153,678
2%
2015
$2,452
-1%
$151,371
2%
2014
$2,474
—
$148,406
—
2013
$2,462
—
$147,736
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 623 E 87th St
623 E 87th St, Los Angeles, CA 90002 (MLS# 26848553) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 623 E 87th St is currently listed for $610,000 and was received on June 17, 2026. Want to learn more about 623 E 87th St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

