9309 S Western Avenue
Los Angeles, CA 90047
8
Bed
4
Bath
5,704Sqft(Lot)
9309 S. Western Ave presents an exceptional opportunity to acquire a well-performing 4-unit bungalow-style multifamily property in Los Angeles, offered at $995,000. The property is currently generating a strong 8.00% cap rate and 9.33 GRM, with pro forma rents reflecting approximately 26.02% upside in scheduled rental income. Three of the four units are occupied by Section 8 tenants, providing stable, reliable rental income backed by the housing assistance program. Built in 1943, the property consists of approximately 2,560 square feet of improvements situated on a 5,704 square foot lot, equating to just $388 per square foot. The property features four bungalow- style two-bedroom, one-bathroom units, offering residents added privacy and a highly desirable living arr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1943Building Area Total: 2560Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 5704 Lot Size Acres: 0.1309 Lot Size Source: Assessor Lot Size Square Feet: 5,704 Lot Description: ZeroToOneUnitAcre
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Listing Price Information
Listing Price: $995000Original Price: $1050000Cash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031, Fha203b, Fha203k, FHA, FannieMae, FreddieMac, GovernmentLoan, PrivateFinancingAvailable, Submit, VaLoan, VaNoLoan
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Tax Information
Parcel Number: 6057006016 Tax Lot: 103
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Parking Information
Parking Total: 4
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Location Information
Direction: Off of W 92nd St and S Western Ave WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5953 S Denker Avenue, Los Angeles, CA, 90047 | $750,000 | 3 | 3 | -- | 6,500 Sq. Ft |
| 1423 W 65th, Los Angeles, CA, 90047 | $799,000 | 3 | 3 | -- | 4,763 Sq. Ft |
| 1541 W 59th, Los Angeles, CA, 90047 | $875,000 | 3 | 3 | 1,971 | 4,480 Sq. Ft |
| 1606 W 84th Place, Los Angeles, CA, 90047 | $1,590,000 | 9 | 7 | -- | 6,681 Sq. Ft |
| 1605 W 87th, Los Angeles, CA, 90047 | $979,900 | 5 | 5 | -- | 6,581 Sq. Ft |
| 7814 S Western, Los Angeles, CA, 90047 | $999,900 | 6 | 4 | -- | 2,753 Sq. Ft |
| 1438 W 95th Street, Los Angeles, CA, 90047 | $725,000 | 5 | 3 | -- | 4,903 Sq. Ft |
| 7815 S Western, Los Angeles, CA, 90047 | $525,000 | -- | 2 | 1,250 | 3,185 Sq. Ft |
| 8903 S Denker, Los Angeles, CA, 90047 | $599,000 | 4 | 2 | -- | 6,753 Sq. Ft |
| 1726 W 83rd, Los Angeles, CA, 90047 | $849,900 | 1 | -- | 1,751 | 6,651 Sq. Ft |
Similar Multifamily To 9309 S Western Avenue
Nearby For Sale
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ByOwner last updated this listing 09/25/2026 @ 17:57
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