9321 S Western Avenue
Los Angeles, CA 90047
6
Bed
0
Bath
4,076Sqft
5,702Sqft(Lot)
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 St
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 6Bathroom Information
Total Baths: 5 Full Baths: 0 Half Baths: 0 -
Interior Features
Property Appliances: Refrigerator -
Cooling Features
Wall/Window Unit(s) Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1946 Building Area Total: 4,076
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1309 Lot Size Dimensions: 50x114 -
Lot Size Source: Assessor Lot Size Square Feet: 5702
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Listing Price Information
Original List Price: 1,000,000 Listing Contract Date: 2026-02-10 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 6057006017
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Garage and Parking
Garage Description: Driveway,Gated,One SpaceHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C36 - Metropolitan Southwest Postal Code Plus 4: 3854 Directions: Western Ave, between 92nd and 94th St Zoning: LARD1.5 Source Property Type: Residential Income Area: C36 - Metropolitan Southwest -
Building and Construction
Property Age: 80 Year Built Source: Vendor Enhanced Total Square Feet Living: 4076 Levels or Stories: Multi/Split
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1425 W Gage Avenue, Los Angeles, CA, 90047 | $598,999 | 3 | 2 | 1,029 | 1,029 SqFt |
| 1400 W 65th, Los Angeles, CA, 90047 | $1,239,000 | -- | -- | 3,660 | 3,660 SqFt |
| 1452 W 61st, Los Angeles, CA, 90047 | $765,000 | 3 | 3 | 1,407 | 1,407 SqFt |
| 1537 W 60th, Los Angeles, CA, 90047 | $625,000 | 2 | 2 | 924 | 924 SqFt |
| 1547 W 60th Place, Los Angeles, CA, 90047 | $649,999 | 3 | 1 | 840 | 840 SqFt |
| 7422 Brighton, Los Angeles, CA, 90047 | $774,900 | 4 | 2 | 1,373 | 1,373 SqFt |
| 1508 W Florence Avenue, Los Angeles, CA, 90047 | $1,775,000 | 12 | -- | 4,910 | 4,910 SqFt |
| 1550 W 70th St, Los Angeles, CA, 90047 | $755,000 | 2 | 1 | 996 | 996 SqFt |
| 1425 W 79th, Los Angeles, CA, 90047 | $838,999 | 3 | 2 | 1,356 | 1,356 SqFt |
| 6130 S Hobart Boulevard, Los Angeles, CA, 90047 | $850,000 | 4 | -- | 2,928 | 2,928 SqFt |
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ByOwner last updated this listing 06/18/2026 @ 16:56
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