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623 E 87th StreetLos Angeles, CA 90002

For Sale

$610,000

Smart Buyer Rebate $6,100

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.

Listed by Brenda Ashby

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License #01700249

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JohnHart Corp.

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310-488-2592

Last updated June 17, 2026

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Source: CRMLS #26848553

Listing Facts

  • TypeMulti-family
  • NeighborhoodGreen Meadows
  • Days on PrevuNew Today
  • Size1,260 sqft
  • Price per sqft$484

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

06/17/2026
Listed by JohnHart Corp.
$610,000

Property Details for 623 E 87th Street

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Property Condition: Repairs Cosmetic
  • Stories: 1
  • Year Built: 1947
  • Architectural Style: Bungalow
  • Common Walls: 1 Common Wall
  • Construction Materials: Stucco
  • Entry Level: 1
  • Entry Location: Living Room

Features

  • Direction Faces: West
  • View: City Lights

Measurements

  • Building Area Total: 1,260
  • Lot Size Acres: 0.11
  • Lot Size Area: 5,200
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,200
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.9
  • Gross Income: $32,760.00

Taxes

  • Parcel Number: 6042001020

Interior

Features

  • Appliances: Refrigerator
  • Flooring: Wood
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 1,260
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 4

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Carport, Detached Carport
  • Parking Total: 4

Schools

High School

  • High School District: Los Angeles Unified

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Other

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 623 E 87th Street.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 623 E 87th Street.

How does 623 E 87th Street compare to other multi-family homes in Green Meadows?

This multi-family home is listed 41% below the average price for multi-family homes in Green Meadows and has been on the market for 119 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 1,260 sqft.

623 E 87th Street is a -bedroom multi-family home for sale in Los Angeles CA 90002. On Prevu for 0 days at $610,000. This home features 1,260 square feet of living space, located in Green Meadows. The median listing price for multi-family homes in this area is $699,000. The home offers private outdoor space and parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.