Listing provided courtesy of Lyon Stahl Investment Real Estate, Inc.- MLS# 26650181
Images
Request Info9321 S Western AveLos Angeles, CA 90047
Multi-Family · 6 Beds · 4,076 Sq. ft. | 0.13 Acres$1,000,000
Active
9321 S Western Ave Overview
- Time on Site:
- 139 days
- Visits:
- 0
We are pleased to present 9321 S Western Avenue, a mixed use investment opportunity with 3 apartment units and 2 retail spaces in Gramercy Park, South Los Angeles, CA. The property is comprised of two detached structures totaling 4,076 SF with a unit mix of all (1) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath units, (1) 3 Bed / 1 Bath units, and (2) Retail Spaces. There are currently (2) Section 8 tenants in-place: 2 Bed/ 1 Bath unit rented at $2,450 and 3 Bed/1 Bath unit rented at $3,500. The property will be delivered fully occupied with a gross monthly income of $10,497, or $125,973 annually. The opportunity yields a 8.59% Cap Rate on current income (7.94 GRM) with a projected cash-on-cash of 10.7%. 9321 S Western Ave is centrally in the heart of Gramercy Park, just 2 miles east of SoFi Stadium / Hollywood Park with convenient access to LAX, South Bay, Inglewood, and Culver City.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
9321 S Western Ave Facts & Features
- Type Multi-Family
- Sq. ft. 4,076
- Price/Sq.ft. $245
- Lot 0.13 Acres
Details
General
Income/Expenses
- Gross Income: 125973
- Net Operating Income: 85869.00
Building Information
- Year Built: 1946
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Metropolitan Southwest
General Information
- Disclosures: As Is
- Property Type: Residential Income
- Zoning: LARD1.5
Interior
Beds/Baths
- Bathrooms Total: 5.00
- Bedrooms Total: 6
General Information
- Cooling: Wall/Window
- Heating: Wall
- Levels: Multi/Split
- Living Area: 4076
- Living Area Source: Assessor
- Stories: 2
Exterior
Parking Information
- Open Parking Spaces: 5
- Parking Total: 5
Lot Information
- Lot Size Acres: 0.1309
- Lot Size Area: 5702
- Lot Size Dimensions: 50x114
- Lot Size Source: Assessor
- Number Of Buildings: 2
General Information
- Number Of Units Total: 5
- Other Structures: None
9321 S Western Ave Neighborhood
Community
90047 (Los Angeles) Demographics
38
Median Age
10,793
Population Density (per sq. mile)
26%
College Educated
$58,830
Estimated Median Income
9,505
Estimated Total Home Owners
7,692
Estimated Total Renters
55% / 45%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.9321 S Western Ave Monthly Cost
9321 S Western Ave Market Data
Based on the last 30 days in this zip code
$773,162
Average List Price
$536
Average Price per Square Foot
21
Properties Sold
79
Average Days on Market
287
Properties for Sale
9321 S Western Ave History
| Date | Value | Agent |
|---|---|---|
| 2/10/2026Source: CRMLS | February 10, 2026 |
|
| 2/10/2026Source: TheMLS (CLAW) | February 10, 2026 |
|
| 6/23/2022Source: TheMLS (CLAW) | June 23, 2022 |