9321 S Western AV
Los Angeles, CA, 90047
$1,000,000
6 Beds
5 Baths
4,076 SqFt
0.13 Acres
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MLS #26650181 image #0
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.

Property Details

Price:
$1,000,000
MLS #:
26650181
Status:
Active
Beds:
6
Baths:
5
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Feb 10, 2026
Finished Sq Ft:
4,076
Total Sq Ft:
4,076
Lot Size:
5,702 sqft / 0.13 acres (approx)
Year Built:
1946
C36 – Metropolitan SouthwestC36metropolitansouthwest

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Schools

Interior

Appliances
RF
Cooling
WW
Heating
WL

Exterior

Parking Spots
5

Financial

Gross Operating Income
$125,973
Net Operating Income
$85,869

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Mar 12, 2026
7,174
Single Family Listed
85
Avg DOM
510
Avg $ / SqFt
$1,495,338
Avg List Price

Property Summary

    9321 S Western AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90047. It is listed for $1,000,000 and features 6 beds, 5 baths, and has approximately 4,076 square feet of living space, and was originally constructed in 1946. The current price per square foot is $245. The average price per square foot for Single Family listings in Los Angeles is $510. The average listing price for Single Family in Los Angeles is $1,495,338.

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