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9234 Graham Avenue, Los Angeles, CA 90002

Los Angeles
Local realty services provided by:CENTURY 21 Epic
9234 Graham Avenue,Los Angeles, CA 90002
$1,650,000
  • 16 Beds
  • 8 Baths
  • 4,704 sq. ft.
  • Multi-family
  • Active
Listed by: mark king
Office: mark king real estate310-237-8749
MLS#:26836535
Source:CRMLS

Price summary

  • Price:$1,650,000
  • Price per sq. ft.:$350.77

About this home

Excellent multifamily investment opportunity in Los Angeles. This 8-unit property offers strong in-place income with additional upside through lease-up of the current vacancy. The property is currently generating approximately $173,808 in annual gross rental income with one vacant unit, producing an actual GRM of 9.49.Once fully occupied, projected annual gross rental income increases to approximately $199,000, bringing the projected GRM to approximately 8.29. This creates a compelling value-add opportunity for an investor seeking immediate cash flow with clear upside. Nearby transit includes access to the Metro A Line, including the Firestone Station on Graham Avenue and the 103rd Street/Watts Towers Station, providing rail connectivity toward Downtown Los Angeles, Long Beach, and other major Los Angeles destinations. With 8 units in a high-demand Los Angeles rental market, 9234 Graham Ave offers scale, income stability, and the ability to improve returns through full occupancy....

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Home facts

  • Year built:1940
  • Listing ID #:26836535
  • Added:24 day(s) ago
  • Updated:June 13, 2026 at 10:39 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Living area:4,704 sq. ft.

Heating and cooling

  • Heating:Central

Structure and exterior

  • Year built:1940
  • Building area:4,704 sq. ft.
  • Lot area:0.23 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$1,650,000
  • Price per sq. ft.:$350.77

Parking

  • Total parking spaces:12
  • Parking description:Gated
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Epic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Epic, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Mike Southwick

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