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9321 S Western Avenue, Los Angeles, CA 90047

Los Angeles
Local realty services provided by:CENTURY 21 Lois Lauer Realty
9321 S Western Avenue,Los Angeles, CA 90047
$1,000,000
  • 6 Beds
  • 5 Baths
  • 4,076 sq. ft.
  • Multi-family
  • Active
Listed by: brandon evans
Office: lyon stahl investment real estate, inc.
MLS#:26650181
Source:CRMLS

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$245.34

About this home

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.

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Home facts

  • Year built:1946
  • Listing ID #:26650181
  • Added:53 day(s) ago
  • Updated:April 05, 2026 at 10:31 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Kitchen Description:Refrigerator
  • Living area:4,076 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1946
  • Building area:4,076 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$245.34

Parking

  • Total parking spaces:5
  • Parking description:Driveway, Gated, One Space
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