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Listed by: Larson Harley (949) 933-1112 DRE #02045736 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,150,000
-- Bed
- -- Bath
4,160sqft
606 W 81St, Los Angeles, CA 90044
$1,150,000
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Mixed Use
Built in 1927
$-- HOA
9,313 sqft lot
$276/sq.ft
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 featu...
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
Year Built
1927
HOA Fees
-
Finished Area
4,160 sqft
Lot Size
9,313 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SB26185758
MLS Status
Active
Days on Market
1
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