Listed by William Mulkey, TR Wealth Management Inc., (310) 316-1014 . Bought with Hit Realty Group
600 E 87th St
Los Angeles, CA 90002
Southeast Los Angeles- Studio
- 5 Baths
- 1,872 sqft
$595,000
Last Sold: Jan 9, 2026
1% below list $600K
$318/sqft
Est. Refi. Payment $3,609/mo*
$595,000
Last Sold: Jan 9, 2026
1% below list $600K
$318/sqft
Est. Refi. Payment $3,609/mo*
Studio
5 Baths
1,872 sqft
Local Information
© Google
-- mins to
Description
600 E 87th Street, Los Angeles — REDUCED TO $599,000. Five units with parking with huge upside at 4 cap rate and rents are way below market. Discover a reliable cash-flow opportunity at this five-unit multifamily on a corner lot near Manchester Ave & the 110. All five units are occupied by long-term tenants, delivering immediate, stable income, while practical floor plans and a solid operating history support low vacancy and quick leasing. Clear pathways to increase value include rent optimization and light operational improvements. Recent upgrades feature individual electrical sub-panels for each unit—enhancing safety, efficiency, and compliance. Residents benefit from gated parking and a central LA location with unbeatable access to Downtown, LAX, major employment centers, retail, dining, and transit, fueling strong renter demand and long-term rent growth. Set within a neighborhood seeing active revitalization, this is a rare chance to acquire a stabilized asset with in-place income today and value-add potential tomorrow.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 10, 2026
Home Highlights
Parking
5 Parking Spaces
Outdoor
No Info
HOA
None
Price/Sqft
$318/sqft
Listed
180+ days ago
Home Details for 600 E 87th St
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Beds & Baths Number of Bathrooms: 5 |
Appliances & Utilities Laundry: None |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 1Number of Stories: 1Levels: OneEntry Location: street |
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Exterior Home Features No Private Pool |
Parking & Garage Open Parking Spaces: 5No GarageNo Attached GarageParking Spaces: 5Parking: On Site,Paved |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 197 |
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Year Built Year Built: 1947 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 6042004015 |
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Price List Price: $599,999Price Per Sqft: $318/sqft |
Status Change & Dates Off Market Date: Fri Jan 09 2026 |
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MLS Status: Closed |
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Direction & Address City: Los Angeles |
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Building Area Building Area: 1872 Square Feet |
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Community Features: Curbs, UrbanNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 5500 sqft |
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Special Conditions: Standard |
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Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan |
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Has Rent Control |
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Mls Number: SB25238693Living Area Range Units: Square FeetAttribution Contact: 310-919-7554Common Interest: Community ApartmentUniversal Property Id: US-06037-N-6042004015-R-N |
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CurbsUrban |
Last check for updates: about 16 hours ago
Listed by William Mulkey DRE #00986020, (310) 919-7554
TR Wealth Management Inc.
Bought with: Diana Ramirez DRE #02205701, (310) 746-6912, Hit Realty Group
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB25238693

Price History for 600 E 87th St
| Date | Price | Event | Source |
|---|---|---|---|
| 01/09/2026 | $595,000 | Sold | CRMLS #SB25238693 |
| 11/19/2025 | $599,999 | Contingent | CRMLS #SB25238693 |
| 10/19/2025 | $599,999 | Listed For Sale | CRMLS #SB25238693 |
| 10/01/2025 | $699,000 | ListingRemoved | SDMLS #OC25068898 |
| 06/23/2025 | $899,000 | Listed For Sale | SDMLS #OC25068898 |
Comparable Sales for 600 E 87th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $656,000 | 10/24/25 | 6 | 3 | 2,313 | |
0.29 | Multi-Family Home | $889,900 | 11/20/25 | 5 | 4 | 1,533 | |
0.29 | Multi-Family Home | $880,000 | 06/23/25 | 7 | 4 | 2,344 | |
0.37 | Multi-Family Home | $590,000 | 07/28/25 | 5 | 3 | 2,064 | |
0.39 | Multi-Family Home | $937,000 | 12/16/25 | 7 | 5 | 2,375 | |
0.33 | Multi-Family Home | $619,000 | 06/02/25 | 4 | 4 | 1,754 | |
0.37 | Multi-Family Home | $739,000 | 05/13/26 | 8 | 4 | 2,723 | |
0.44 | Multi-Family Home | $876,000 | 09/17/25 | 5 | 4 | 1,926 | |
0.37 | Multi-Family Home | $745,000 | 08/11/25 | 7 | 3 | 1,942 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 600 E 87th St.
What Locals Say about Southeast Los Angeles
At least 1446 Trulia users voted on each feature.
90 % Say there are sidewalks
72 % Say car is needed
69 % Say yards are well-kept
64 % Say there's holiday spirit
60 % Say it's walkable to grocery stores
52 % Say it's dog friendly
51 % Say kids play outside
50 % Say streets are well-lit
48 % Say it's walkable to restaurants
45 % Say they plan to stay for at least 5 years
42 % Say neighbors are friendly
34 % Say it's quiet
27 % Say people would walk alone at night
25 % Say there are community events
25 % Say parking is easy
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Homes for rent near 600 E 87th St
600 E 87th St, Los Angeles, CA 90002 is a studio, 5 bathroom, 1,872 sqft multi-family built in 1947. 600 E 87th St is located in Southeast Los Angeles, Los Angeles. This property is not currently available for sale. 600 E 87th St was last sold on Jan 9, 2026 for $595,000 (1% lower than the asking price of $599,999). The current Trulia Estimate for 600 E 87th St is $600,800.