9234 Graham Avenue, Los Angeles, CA 90002
List Price: $1.65M
Listing Status: Active
0Days on Market: 9
16 Bedrooms · 8 Bathrooms · 4,704 sq ft
Property Type: ResidentialIncome
Year Built: 1940
Lot Size: 9,983 sq ft
MLS Number: 26836535
About This Property
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. Strong rental fundamentals, nearby Metro connectivity, and attractive projected income make this a solid addition to any multifamily portfolio.
Listing provided by: Mark King DRE #02139777 310-237-8749 mark@markkingrealestate.com, Mark King Real Estate
Source: CRMLS, MLS #: 26836535
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