9234 Graham Ave, Los Angeles, CA, 90002

USD 1,650,000
For Sale

Property Details

Bedrooms

16

Bathrooms

8

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 16 • Bathrooms: 8 • Square Feet: 4704 • Lot/Size: 9,983 sqft lot

Description: 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 $172,688 in annual gross rental income with one vacant unit, producing an actual GRM of 9.55.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/W

Location

Address

9234 Graham Ave, Los Angeles, CA, 90002

City

Los Angeles

Features and Finishes

Year Built: 1940; [object Object]; [object Object]; [object Object]

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