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
See this Listing
Schools
Interior
Appliances
RF
Cooling
WW
Heating
WL
Levels
S
Exterior
Parking Spots
5
Parking Total
5
Financial
Map
Community
- Address9321 S Western AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90047
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of May 24, 2026
7,250
Single Family Listed
87
Avg DOM
427
Avg $ / SqFt
$1,675,906
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 $427. The average listing price for Single Family in Los Angeles is $1,675,906.
Similar Listings Nearby
Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.9321 S Western AV
Los Angeles, CA