8927 S Western Ave Los Angeles, CA 90047
Gramercy Park NeighborhoodEstimated payment $3,238/month
Highlights
- Gated Parking
- Laundry Room
- Wall Furnace
- Property is near public transit
- Wrought Iron Fence
About This Home
FORECLOSURE! GREAT INVESTMENT! LESS THAN TWO MILES FROM THE SoFi STADIUM! FLIP OR HOLD AND CASHFLOW! CASH BUYERS ONLY! NO ASSIGNEE OFFERS
This is a 2-story mixed-use building with 2 one-bedroom apartments upstairs and 2 commercial spaces downstairs and rear alley access for parking for 3 vehicles. The building measures 3,195 sq ft on a lot that measures 2,813 sq ft. It's currently occupied by the previous owner that was foreclosed on. The seller is willing to sell it at a discounted price. Looking for a cash offer of $500k, "as is" with the current occupants in place. SELLER WILL NOT EVICT. NO INTERIOR SHOWINGS WILL BE ARRANGED. YOU ARE WELCOME TO WALK IN TO THE RETAIL SPACES ON YOUR OWN. The downstairs area is being used as a dispensary.
Listing Agent
Empiric Brokers Realty Brokerage Phone: 562 7145023 License #01067683 Listed on: 11/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,239
Year Built
- Built in 1954
Lot Details
- 2,813 Sq Ft Lot
- Lot Dimensions are 25x112
- 1 Common Wall
- Wrought Iron Fence
- No Landscaping
Home Design
- Property Attached
- Entry on the 1st floor
- Rolled or Hot Mop Roof
Interior Spaces
- 3,195 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Gated Parking
Additional Features
- Exterior Lighting
- Property is near public transit
- Wall Furnace
Listing and Financial Details
- Tax Lot 10
- Tax Tract Number 7648
- Assessor Parcel Number 6036017008
- $440 per year additional tax assessments
- Seller Considering Concessions
Community Details
Building Details
- 4 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $7,300
- Operating Expense $7,300
Additional Features
- 4 Units
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,239 | $578,358 | $530,604 | $47,754 |
| 2024 | $7,239 | $567,018 | $520,200 | $46,818 |
| 2023 | $7,108 | $555,900 | $510,000 | $45,900 |
| 2022 | $6,790 | $545,000 | $500,000 | $45,000 |
| 2021 | $6,131 | $486,778 | $321,660 | $165,118 |
| 2020 | $6,188 | $481,787 | $318,362 | $163,425 |
| 2019 | $5,953 | $472,341 | $312,120 | $160,221 |
| 2018 | $5,878 | $463,080 | $306,000 | $157,080 |
| 2017 | $5,756 | $454,000 | $300,000 | $154,000 |
| 2016 | $5,202 | $412,000 | $222,000 | $190,000 |
| 2015 | $2,490 | $184,429 | $102,461 | $81,968 |
| 2014 | $2,509 | $180,817 | $100,454 | $80,363 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $500,000 | +21.4% | $156 / Sq Ft | |
| 07/31/2015 07/31/15 | Sold | $412,000 | -3.1% | $129 / Sq Ft | View Prior Sale |
| 06/08/2015 06/08/15 | Pending | -- | -- | -- | |
| 03/05/2014 03/05/14 | For Sale | $425,000 | -- | $133 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $192,576 | Accommodation/Courtesy Recordi | |
| Grant Deed | -- | None Available | |
| Grant Deed | $412,000 | Fidelity National Title Co | |
| Grant Deed | $180,000 | Fidelity National Title Co | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $277,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS25254763
APN: 6036-017-008
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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