858-525-5007

9321 Western, Los Angeles CA 90047 | $1,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 5702 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1946
  • MLS#: 26650181
  • Community: C36 - Metropolitan Southwest

Listing provided courtesy of Brandon Evans of Lyon Stahl Investment Real Estate, Inc.. Last updated 2026-04-26 08:11:15.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.13 Acres
2 Stories

David Piper​

Call or Text: 858-525-5007

DRE# 02021985