List Search

606 W 81st St
Los Angeles, CA 90044 South Central LA

$1,150,000 USD

Apartments For Sale  •  5,160 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,160 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1927
  • Cap Rate 7.06 %
  • Zoning R4-1, Los Angeles
60 Transit Score
60 Walk Score

Highlights

100% Occupied | Four 1-Bedroom/1-Bath Units & Six Studio Units
Exceptional Basis | Only $115,000 Per Unit & $276 Per Square Foot
Projected to Generate Approximately 7% Cash-on-Cash Return with 35% Down Payment*
Single-Story Courtyard-Style Apartment Community with Rear Surface Parking
4,160 SF Building Situated on a Large 9,313 SF Lot
Prime South LA (90044) Location with Strong Rental Demand and Convenient 110 Freeway Access

Financial Summary (Actual)

Net Operating Income: $81,187 USD (2025)
Cap Rate: 7.06 %
Total Expenses: $53,297 USD

Public Transportation

Commuter RailDriveWalkDistance
14 min - 8.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 16 min - 8.7 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 11.3 mi
Long Beach (Daugherty Field) 24 min - 16.3 mi
Bob Hope 35 min - 23.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Larson Harley 949-933-1112 Lyon Stahl Investment Real Estate
Larson Harley 949-933-1112 Lyon Stahl Investment Real Estate