623 E 87th Street, Los Angeles, CA 90002

$580,000
4
BA
1,260
SqFt

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List Price
$580,000
Price Change
▼ $30,000 1784681278
Status
ACTIVE
MLS#
26848553
Year Built
1947
Bathrooms
4
Living Sq. Ft
1,260
Lot Size
5,200
Acres
0.12
Days on Market
40
Property Type
Multifamily
Style
Bungalow
Stories
One Level

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.

Additional Information

Appliances
Refrigerator
Pool Description
None
Heat
Wall Furnace
View
City Lights
Exterior Construction
Stucco
Sewer
Other
School District
Los Angeles Unified
Interior Features
Ceiling Fan(s)
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$32,760

Listing courtesy of Listing Agent: Brenda Ashby (bashbyvp@gmail.com) from Listing Office: JohnHart Corp..

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.