9309 S Western, Los Angeles, California 90047

  • $995,000
  • $1,050,000
9309 S Western, Los Angeles, California 90047
Active
9309 S Western, Los Angeles, California 90047
9309 S Western, Los Angeles, California 90047
  • $995,000
  • $1,050,000

Description

9309 S. Western Ave presents an exceptional opportunity to acquire a well-performing 4-unit bungalow-style multifamily property in Los Angeles, offered at $995, 000. The property is currently generating a strong 8.00% cap rate and 9.33 GRM, with pro forma rents reflecting approximately 26.02% upside in scheduled rental income. Three of the four units are occupied by Section 8 tenants, providing stable, reliable rental income backed by the housing assistance program. Built in 1943, the property consists of approximately 2, 560 square feet of improvements situated on a 5, 704 square foot lot, equating to just $388 per square foot. The property features four bungalow- style two-bedroom, one-bathroom units, offering residents added privacy and a highly desirable living arrangement, along with four on-site parking spaces. Ideally located in Los Angeles, the property provides convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. Combining strong in-place cash flow, government-backed rental income, significant rental upside, and an attractive bungalow-style layout, 9309 S. Western Ave offers investors a compelling opportunity in a consistently strong rental market.

  • Address 9309 S Western, Los Angeles, California 90047
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90047
  • Country US

Details

Updated on August 31, 2026 at 8:29 pm
  • Property ID: SB26171343
  • Price: $995,000
  • Property Size: 2560 Sqft
  • Land Area: 0.1309 Acres
  • Year Built: 1943
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Fannie Mae, Freddie Mac, Government Loan, Private Financing Available, Submit, VA Loan, VA No Loan
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Biking, Curbs, Park

Contact Information

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Hoyt Hochman

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Hoyt Hochman
  • Hoyt Hochman