Residential Income Opportunity: 623 E 87th Street: 4-unit Los Angeles property, 100% occupied, significant loss-to-lease / rental upside - four separately metered units, four parking spaces. All tenants are on month-to-month. This property is conveniently located in Los Angeles with easy access to major transportation corridors, shopping centers, schools, dining, and everyday neighborhood amenities, offering both convenience and long-term investment appeal.
| MLS # | 26848553 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 64 |
| Listing Provided By | JohnHart Corp. | Brenda Ashby |
| Bath(s) | 4 |
|---|---|
| SQ Feet | 1,260 |
| Car Port | Yes |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LAR2 |
| Acreage | 0.12 |
| Property View | Yes |
| Heating | Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Interior Features | Ceiling Fans |
| Appliances | Refrigerator |
| Fireplace Yes / No | No |
| Construction Materials | Stucco |
|---|---|
| Foundation Details | Slab |
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Carport, Detached Carport |
| Sewer | Other |
|---|
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90002) | |
Price: $580,000 low | high Med: $899,500 sqft: 1,260 low | high Med: 3,601 $ / sqft: $460 low | high Med: $273 On site: 64 low | high Med: 151 | |
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90002 |
| Area | C37 Metropolitan South |
| Listing VS Median (in 90002) | |
Price: $580,000 low | high Med: $899,500 sqft: 1,260 low | high Med: 3,601 $ / sqft: $460 low | high Med: $273 On site: 64 low | high Med: 151 | |