606 W 81st, Los Angeles, CA, 90044

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$1,150,000
26 Days On Site

606 W 81st
Los Angeles, CA 90044

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
4,160
SqFt
$276
/SqFt
1927
Built
County:
Los Angeles
Listed by Larson Harley of Lyon Stahl Investment Real Estate, Inc. larson@lyonstahl.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
606 W 81st606 W 81st606 W 81st606 W 81st
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Monthly Payment (Est.)

$5,247
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We are pleased to present 606 W 81st Street, a 10-unit multifamily investment opportunity located in the highly active 90044 submarket of South Los Angeles. Offered at an attractive 7.06% current CAP rate and 8.21 GRM, the property delivers strong in-place cash flow with an exceptional basis of just $115,000 per unit and $276 per square foot. The property consists of four 1-Bedroom/1-Bath units and six Studio units, all currently occupied, providing investors with stable day-one income. Situated on a large 9,313-square-foot lot, the property features a desirable single-story courtyard-style layout with surface parking in the rear. The 4,160-square-foot building features a highly rentable unit mix that appeals to a broad tenant base. Located in one of South Los Angeles' most active multifamily investment submarkets, the property benefits from a large inventory of workforce housing, strong rental demand, and convenient access to the Harbor (110) Freeway. This is an exceptional opportunity to acquire a high-yield, income-producing asset with stable cash flow and long-term investment potential.

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Listing Snapshot
Price 
$1,150,000
Days On Site 
26 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,160 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2138 Acres
Year Built 
1927
MLS® Number 
SB26185758
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Acres 
0.2138
Land Lease 
No
Levels 
One
Number Of Stories 
1
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
4160
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Rectangular Lot
Pool Features 
None
Community Features
Community Features 
CurbsSidewalks
MLS Area 
C36 - Metropolitan Southwest
Building Access 
Front


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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