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/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.
Property Details
Price:
$1,650,000
MLS #:
26836535
Status:
Active
Beds:
16
Baths:
8
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
May 20, 2026
Finished Sq Ft:
4,704
Total Sq Ft:
4,704
Lot Size:
9,983 sqft / 0.23 acres (approx)
Year Built:
1940
See this Listing
Schools
Interior
Heating
CF
Levels
U
Exterior
Common Walls
_1CW
Parking Spots
12
Parking Total
12
Financial
Map
Community
- Address9234 Graham AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90002
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 28, 2026
6,865
Single Family Listed
87
Avg DOM
431
Avg $ / SqFt
$1,684,553
Avg List Price
Property Summary
- 9234 Graham AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90002. It is listed for $1,650,000 and features 16 beds, 8 baths, and has approximately 4,704 square feet of living space, and was originally constructed in 1940. The current price per square foot is $351. The average price per square foot for Single Family listings in Los Angeles is $431. The average listing price for Single Family in Los Angeles is $1,684,553.
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