9309 S Western Avenue, Los Angeles, CA 90047
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
9309 S Western Avenue,Los Angeles, CA 90047
$995,000
- - Beds
- - Baths
- 2,560 sq. ft.
- Multi-family
- Active
Listed by: brandon maghen, aaron jacobson
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26171343
Source:CRMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$388.67
About this home
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 arrangement, along with four
on-site parking spaces.
Ideally located in Los Angeles, the property provides convenient
access to major employment centers, shopping, dining, public
transportation, and nearby freeways. Combining strong in-place
cash flow, government-backed rental income, significant rental
upside, and an attractive bungalow-style layout, 9309 S. Western
Ave offers investors a compelling opportunity in a consistently
strong rental market....
Contact an agent
Home facts
- Year built:1943
- Listing ID #:SB26171343
- Added:50 day(s) ago
- Updated:September 25, 2026 at 11:28 AM
Rooms and interior
- Living area:2,560 sq. ft.
Structure and exterior
- Year built:1943
- Building area:2,560 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$388.67
Parking
- Total parking spaces:4
New listings near 9309 S Western Avenue
- Coming Soon
$899,000Coming Soon2 beds 2 baths1,302 sq. ft.5225 Onaknoll Avenue, Los Angeles, CA 90043
MLS# 26991615Listed by: REALTY ONE GROUP UNITED - Coming Soon
$2,795,000Coming Soon4 beds 5 baths3,499 sq. ft.1208 Palms Boulevard, Venice, CA 90291
MLS# 26891149Listed by: SERHANT CALIFORNIA, INC - Coming Soon
$1,425,000Coming Soon5 beds 3 baths2,817 sq. ft.12932 Addison Street, Sherman Oaks, CA 91423
MLS# BB26209103Listed by: KELLER WILLIAMS REALTY WORLD MEDIA CENTER - Coming Soon
$889,000Coming Soon5 beds 4 baths2,340 sq. ft.1446 E 90th Street, Los Angeles, CA 90002
MLS# 26992585Listed by: TERRANOVA REAL ESTATE GROUP INC. - Coming Soon
$1,630,000Coming Soon3 beds 2 baths1,658 sq. ft.1733 S Corning, Los Angeles, CA 90035
MLS# SR26208111Listed by: SYNC BROKERAGE, INC. - Coming Soon
$1,099,000Coming Soon5 beds -- baths2,295 sq. ft.1129 W 9th Street W, San Pedro, CA 90731
MLS# SB26189344Listed by: COMPASS - Coming Soon
$1,499,000Coming Soon6 beds 5 baths2,700 sq. ft.6385 Zelzah Avenue, Encino, CA 91316
MLS# 26992339Listed by: REVEL REAL ESTATE - Coming Soon
$1,299,000Coming Soon5 beds 4 baths2,232 sq. ft.14153 Archwood Street, Los Angeles, CA 91405
MLS# 26990301Listed by: REVEL REAL ESTATE - Coming Soon
$719,000Coming Soon2 beds 3 baths1,398 sq. ft.14819 Magnolia Boulevard #7, Sherman Oaks, CA 91403
MLS# NDP2608904Listed by: COLDWELL BANKER REALTY - Coming Soon
$674,950Coming Soon2 beds 2 baths1,315 sq. ft.4915 Tyrone #325, Sherman Oaks, CA 91423
MLS# SR26204232Listed by: PINNACLE ESTATE PROPERTIES, INC.