606 W 81st, Los Angeles, CA 90044
606 W 81st, Los Angeles, CA 90044
606 W 81st, Los Angeles, CA 90044
606 W 81st, Los Angeles, CA 90044
606 W 81st, Los Angeles, CA 90044
606 W 81st, Los Angeles, CA 90044
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Dusty Mulhearn

Dusty Mulhearn

+1(949) 500-6274
$ 1,150,000
Est. payment | /mo

9,313 Sqft Lot

Save
$ 1,150,000
Est. payment | /mo
Save

9,313 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26185758

HOA Y/N No

Year Built 1927

Lot Size 9,313 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Private Pool No

Building

Lot Description Rectangular Lot

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6032024017

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Larson Harley Lyon Stahl Investment Real Estate, Inc. 949-933-1112, DRE #02045736

NEARBY SCHOOLS & PROPERTIES

Dusty Mulhearn

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 500-6274

dusty@propertycousins.com

United States

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606 W 81st

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