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.
For sale
$610,000
623 E 87th St, Los Angeles, CA 90002
--beds
4baths
1,260sqft
Multi Family
Built in 1947
-- sqft lot
$613,200 Zestimate®
$484/sqft
$-- HOA
What's special
- 22 days |
- 330 |
- 22 |
Zillow last checked:
Listing updated:
Listed by:
Brenda Ashby DRE # 01700249 310-488-2592,
JohnHart Corp. 818-246-1099
Source: CLAW,MLS#: 26848553
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 4
Bathroom
- Features: Shower Over Tub
Kitchen
- Features: Counter Top
Heating
- Wall
Cooling
- Wall Unit(s)
Appliances
- Included: No Cooking Appliances, Refrigerator, Gas Water Heater
- Laundry: None
Features
- Ceiling Fan(s)
- Flooring: Wood, Linoleum
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,260
- Total interior livable area: 1,260 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Detached Carport
- Carport spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One
- Entry location: Living Room
- Patio & porch: None
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City
- Waterfront features: None
Lot
- Size: 5,201 Square Feet
- Features: 2-4 Lots, Sidewalks, City Lot
Details
- Additional structures: None
- Parcel number: 6042001020
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Slab
- Roof: Asphalt
Condition
- Repair Cosmetic
- Year built: 1947
Utilities & green energy
- Sewer: In Street
- Water: Public
- Utilities for property: Sewer Available
Community & HOA
Community
- Security: None
HOA
- Amenities included: None
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $484/sqft
- Tax assessed value: $181,913
- Annual tax amount: $3,050
- Date on market: 6/17/2026
- Total actual rent: 2730
- Tenant pays: Electricity, Cable TV, Gas, Move In Fee
- Road surface type: Alley Paved, Paved
Estimated market value
$613,200
$583,000 - $644,000
$3,248/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $610,000+329.6%$484/sqft |
Source: JohnHart Real Estate #26848553 Report a problem | ||
| 4/20/2011 | Sold | $142,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,051 +1.8% | $181,913 +2% |
| 2024 | $2,998 +1.7% | $178,348 +2% |
| 2023 | $2,948 +3.9% | $174,852 +2% |
| 2022 | $2,837 +1.4% | $171,424 +2% |
| 2021 | $2,797 -0.7% | $168,063 +1% |
| 2020 | $2,815 | $166,341 +2% |
| 2019 | $2,815 +7.5% | $163,081 +2% |
| 2018 | $2,619 | $159,885 +2% |
| 2017 | $2,619 +2.3% | $156,751 +2% |
| 2016 | $2,561 +2.8% | $153,678 +1.5% |
| 2015 | $2,492 +0.7% | $151,371 +2% |
| 2014 | $2,474 | $148,406 +2.5% |
| 2012 | -- | $144,840 +15% |
| 2011 | -- | $125,940 +302.5% |
| 2010 | -- | $31,291 -0.2% |
| 2009 | -- | $31,366 +2% |
| 2008 | -- | $30,751 +2% |
| 2007 | -- | $30,149 +2% |
| 2006 | -- | $29,558 |
| 2005 | -- | $29,558 +4% |
| 2004 | -- | $28,413 +1.9% |
| 2003 | -- | $27,893 +2% |
| 2002 | -- | $27,347 +4% |
| 2000 | -- | $26,287 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Southeast Los Angeles
Nearby schools
GreatSchools rating
- 5/10South Park Elementary SchoolGrades: K-6Distance: 0.2 mi
- 2/10Charles Drew Middle SchoolGrades: 7-8Distance: 0.9 mi
- 3/10Academy For Multiligual Arts And Science At Mervyn M. Dymally HighGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: Los Angeles Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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