About 606 W 81st
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.
Features of 606 W 81st
| MLS® # | SB26185758 |
|---|---|
| Price | $1,150,000 |
| Bedrooms | 1 |
| Bathrooms | 2.00 |
| Lot Size | 9,313 |
| Year Built | 1927 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 10 |
Community Information
| Address | 606 W 81st |
|---|---|
| Area | C36 - Metropolitan Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90044 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
Exterior
| Lot Description | Rectangular Lot |
|---|
Additional Information
| Date Listed | August 25th, 2026 |
|---|---|
| Days on Market | 14 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Larson Harley |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |