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Vermont Knolls Multifamily Investment
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606 W 81st St, Los Angeles, CA 90044

10-unit apartment building in Vermont Knolls area of Los Angeles.

Property Size4,160 SF
Lot Size0.21 Acres
Price / SF$324.52
Days on Market193

Property Features for 606 W 81st St

General Information

Standard status Active
Size 4,160 SF
Lot size 0.21 Acres
Property subtype Multifamily
Zoning LAR3

Building Details

Year Built 1927
Listing Agency: Keller Williams South Bay
Listed By: Julian Bloch · License #CA 02043055
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Aug 8 at 2:52PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams South Bay

Investment Insights

Based on property information with market context.

Located in the Vermont Knolls area of South Los Angeles, 606 W 81st Street is a 10-unit multifamily apartment building. Constructed in 1927, the property includes approximately 4,160 square feet of rentable living space and sits on an approximately 9,310-square-foot lot. The building features a traditional courtyard-style configuration. The property presents a value-add opportunity, with potential to increase income through interior upgrades, improved management, and rent optimization. There is immediate upside through re-tenanting two vacant units at the building.

Key Highlights

  • Value‑add opportunity through interior upgrades and rent optimization.
  • Immediate upside through re‑tenanting two vacant, rent‑ready units.
  • Rents believed to be below current market levels.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,591
Businesses Nearby

Demographics for 90044, CA

94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 10-unit apartment building in Vermont Knolls area of Los Angeles.
Where is this apartment building located?
The property is located at 606 W 81st St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Value‑add opportunity through interior upgrades and rent optimization.; Immediate upside through re‑tenanting two vacant, rent‑ready units.; Rents believed to be below current market levels.
More about this property
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