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For sale
  • Listed by: Lyon Stahl Investment Real Estate, Inc. • Larson Harley • Contact: 949-933-1112
    $1,150,000

    606 W 81st St, Los Angeles, CA 90044

    4beds
    10baths
    4,160sqft
    : 
    $7,583/mo
    Get pre-qualified
    Mixed Use
    Built in 1927
    -- sqft lot
    $1,141,000 Zestimate®
    $276/sqft
    $-- HOA

    What's special

    Single-story courtyard-style layout
    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.
    14 days
    96
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Larson Harley DRE #02045736 949-933-1112,

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB26185758MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 10
      Appliances
      • Laundry: None
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 4,160
      • Total interior livable area: 4,160 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Entry location: Front
      • Pool features: None
      Lot
      • Size: 9,313 Square Feet
      • Features: Rectangular Lot
      Details
      • Parcel number: 6032024017
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1927

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Gutter(s), Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $276/sqft
      • Tax assessed value: $1,014,910
      • Date on market: 8/25/2026
      • Cumulative days on market: 14 days
      • Listing terms: Cash to New Loan

        Estimated market value

        $1,141,000

        $1.08M - $1.20M

        $2,452/mo

        Price history

        DateEventPrice
        8/25/2026Listed for sale$1,150,000-7.9%$276/sqft
        Source: CRMLS #SB26185758 Report a problem
        5/8/2026Listing removed$1,249,000$300/sqft
        Source: CLAW #26646437 Report a problem
        4/2/2026Listed for sale$1,249,000+48.7%$300/sqft
        Source: CLAW #26646437 Report a problem
        5/19/2016Sold$840,000-1.2%$202/sqft
        Source: CLAW #16980203 Report a problem
        3/17/2016Price change$850,000-5%$204/sqft
        Source: Remax Commercial and Investment Realty #16980203 Report a problem
        2/10/2016Price change$895,000-4.8%$215/sqft
        Source: Remax Commercial and Investment Realty #16980203 Report a problem
        12/2/2015Listed for sale$940,000+30.6%$226/sqft
        Source: Remax Commercial and Investment Realty #16980203 Report a problem
        9/19/2015Sold$720,000$173/sqft
        Source: Agent Provided Report a problem
        6/25/2015Sold$720,000-9.9%$173/sqft
        Source: Public Record Report a problem
        6/3/2015Pending sale$799,000$192/sqft
        Source: Remax Commercial and Investment Realty #14814719 Report a problem
        1/13/2015Price change$799,000-6%$192/sqft
        Source: RE/MAX COMMERCIAL & INVESTMENT REALTY #14814719 Report a problem
        12/6/2014Listed for sale$850,000+25%$204/sqft
        Source: RE/MAX COMMERCIAL & INVESTMENT REALTY #14814719 Report a problem
        5/13/2005Sold$680,000+126.7%$163/sqft
        Source: Public Record Report a problem
        7/26/2002Sold$300,000+84.9%$72/sqft
        Source: Public Record Report a problem
        12/18/2000Sold$162,263-23.6%$39/sqft
        Source: Public Record Report a problem
        8/31/2000Sold$212,500-32.5%$51/sqft
        Source: Public Record Report a problem
        8/24/1998Sold$315,000+80%$76/sqft
        Source: Public Record Report a problem
        1/22/1998Sold$175,000+29.6%$42/sqft
        Source: Public Record Report a problem
        9/25/1997Sold$135,000+57.1%$32/sqft
        Source: Public Record Report a problem
        4/16/1997Sold$85,950$21/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,014,910 +2%
        2025$13,027 +1.9%$995,023 +2%
        2024$12,789 +1.8%$975,526 +2%
        2023$12,561 +4.5%$956,411 +2%
        2022$12,014 +1.3%$937,671 +2%
        2021$11,855 -0.9%$919,299 +1%
        2020$11,967 $909,881 +2%
        2019$11,967 +5.3%$892,054 +2%
        2018$11,363 $874,576 +2.1%
        2017$11,363 +2.5%$856,800 +17.2%
        2016$11,088 +16.5%$730,980 -7.3%
        2015$9,516 -4.5%$788,665 +2%
        2014$9,962 $773,218 +5.3%
        2010-- $734,308 +1.8%
        2008-- $721,621 +2%
        2007-- $707,472 +2%
        2006-- $693,600 +127%
        2004-- $305,600 +1.9%
        2003-- $300,000 -6.6%
        2000-- $321,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: South Los Angeles

        Getting around

        68 / 100
        Somewhat Walkable
        64 / 100
        Good Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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