9321 S Western Avenue, Los Angeles, CA 90047

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
9321 S Western Avenue,Los Angeles, CA 90047
$1,000,000
  • 6 Beds
  • 5 Baths
  • 4,076 sq. ft.
  • Multi-family
  • Active
Listed by: brandon evans
Office: lyon stahl investment real estate, inc.
MLS#:26650181
Source:CRMLS

Price summary

  • Price:$1,000,000
  • Price per sq. ft.:$245.34

About this home

We are pleased to present 9321 S Western Avenue, a mixed use investment opportunity with 3 apartment units and 2 retail spaces in Gramercy Park, South Los Angeles, CA. The property is comprised of two detached structures totaling 4,076 SF with a unit mix of all (1) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath units, (1) 3 Bed / 1 Bath units, and (2) Retail Spaces. There are currently (2) Section 8 tenants in-place: 2 Bed/ 1 Bath unit rented at $2,450 and 3 Bed/1 Bath unit rented at $3,500. The property will be delivered fully occupied with a gross monthly income of $10,497, or $125,973 annually. The opportunity yields a 8.59% Cap Rate on current income (7.94 GRM) with a projected cash-on-cash of 10.7%. 9321 S Western Ave is centrally in the heart of Gramercy Park, just 2 miles east of SoFi Stadium / Hollywood Park with convenient access to LAX, South Bay, Inglewood, and Culver City.

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Home facts

  • Year built:1946
  • Listing ID #:26650181
  • Added:1 day(s) ago
  • Updated:February 11, 2026 at 01:28 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:5
  • Living area:4,076 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1946
  • Building area:4,076 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$1,000,000
  • Price per sq. ft.:$245.34
Based on information from California Regional Multiple Listing Service, Inc. as of February 11, 2026 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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