606 W 81st St 10 Unité Immeuble d’appartements 1 599 420 $ CAD (159 942 $ CAD/Unité) 7,06% Taux de capitalisation Los Angeles, CA 90044

The Harley Group at Lyon Stahl is 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.
*Title records reflect 9 legal units. The property has operated as 10 units under current ownership, with City of Los Angeles rent control registration and fees paid for 10 units. Buyer to independently verify.*