9227 S Western Avenue, Los Angeles, California 90047

  • $1,100,000
9227 S Western Avenue, Los Angeles, California 90047
Active
9227 S Western Avenue, Los Angeles, California 90047
9227 S Western Avenue, Los Angeles, California 90047
  • $1,100,000

Description

9.85% Cap Rate! 9227–9233 S. Western Ave presents an exceptional opportunity to acquire a well-performing, fully occupied 4-unit multifamily property in Los Angeles, offered at $1, 100, 000. The property is currently generating an impressive 9.85% cap rate and 7.88 GRM, with annual scheduled rental income of approximately $139, 535. All four units are occupied by Section 8 tenants, providing consistent rental income supported by government housing assistance payments. Built in 1944, the property consists of approximately 2, 560 square feet of improvements situated on a 5, 703-square-foot lot, equating to just $430 per square foot and $275, 000 per unit. The property features four spacious two-bedroom, one-bathroom units, averaging approximately 640 square feet each. With 100% occupancy and an average monthly rent of approximately $2, 907 per unit, the property offers investors immediate cash flow and an attractive income-producing asset. Ideally located in South Los Angeles, the property provides convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. Combining strong in-place cash flow, Section 8 rental income, full occupancy, and an attractive price per unit, 9227–9233 S. Western Ave offers investors a compelling opportunity to acquire a stabilized multifamily investment in the Los Angeles rental market.

  • Address 9227 S Western Avenue, Los Angeles, California 90047
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90047
  • Country US

Details

Updated on October 28, 2026 at 10:18 pm
  • Property ID: SB26224943
  • Price: $1,100,000
  • Property Size: 2560 Sqft
  • Land Area: 0.1309 Acres
  • Year Built: 1944
  • Property Type: Quadruplex, Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, 1031 Exchange, FHA, Submit
  • Sewer: Public Sewer
  • County: Los Angeles
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Sidewalks, Urban

Contact Information

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Hoyt Hochman

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  • Hoyt Hochman