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.
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.
Property Details
Price:
$1,150,000
MLS #:
SB26185758
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c36metropolitansouthwest
Listed Date:
Aug 25, 2026
Total Sq Ft:
4,160
Lot Size:
9,313 sqft / 0.21 acres (approx)
Year Built:
1927
See this Listing
Schools
Interior
Laundry Features
NO
Levels
A
Exterior
Common Walls
_2CW
Community Features
SDW, CRB, CW
Financial
Maintenance Fee
$5,249
Map
Community
- Address606 W 81st Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Aug 27, 2026
8,018
Single Family Listed
86
Avg DOM
427
Avg $ / SqFt
$1,562,904
Avg List Price
Property Summary
- 606 W 81st Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90044. It is listed for $1,150,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1927. The average price per square foot for Single Family listings in Los Angeles is $427. The average listing price for Single Family in Los Angeles is $1,562,904.
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