9227 S Western Avenue, Los Angeles, CA, 90047

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$1,100,000
14 Days On Site

9227 S Western Avenue
Los Angeles, CA 90047

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
2,560
SqFt
$430
/SqFt
1944
Built
County:
Los Angeles
Listed by Brandon Maghen of Lyon Stahl Investment Real Estate, Inc. brandon.maghen@lyonstahl.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
9227 S Western Avenue9227 S Western Avenue9227 S Western Avenue9227 S Western Avenue
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9.85% Cap Rate! 9227–9233 S. Western Ave presents an exceptional opportunity to acquire a well-performing, fully occupied 4-unit multifamily property in Los Angeles, offered at $1,100,000. The property is currently generating an impressive 9.85% cap rate and 7.88 GRM, with annual scheduled rental income of approximately $139,535. All four units are occupied by Section 8 tenants, providing consistent rental income supported by government housing assistance payments. Built in 1944, the property consists of approximately 2,560 square feet of improvements situated on a 5,703-square-foot lot, equating to just $430 per square foot and $275,000 per unit. The property features four spacious two-bedroom, one-bathroom units, averaging approximately 640 square feet each. With 100% occupancy and an average monthly rent of approximately $2,907 per unit, the property offers investors immediate cash flow and an attractive income-producing asset. Ideally located in South Los Angeles, the property provides convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. Combining strong in-place cash flow, Section 8 rental income, full occupancy, and an attractive price per unit, 9227–9233 S. Western Ave offers investors a compelling opportunity to acquire a stabilized multifamily investment in the Los Angeles rental market.

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Listing Snapshot
Price 
$1,100,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,560 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1309 Acres
Year Built 
1944
MLS Number 
SB26224943
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoStatus changed to Active
2 days agoListing updated with changes from the MLS
2 weeks agoListing first seen on site
General Features
Acres 
0.1309
Land Lease 
No
Number Of Stories 
1
Parking Spaces 
4
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
2560
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Pool Features 
None
Community Features
Community Features 
Sidewalks
MLS Area 
C36 - Metropolitan Southwest
Financing Terms Available 
CashConventionalFHASubmit1031 Exchange
Building Access 
Ground Level


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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