9234 Graham Ave Los Angeles, CA 90002
Watts NeighborhoodEstimated payment $10,383/month
About This Home
Price Improvement! 8.2% CAP! 8.7 GRM! 10% Cash On Cash Return with Pre Qualified 75% LTV Loan! 9234 Graham Ave is an 8 unit multifamily investment property located in South Los Angeles. There are two buildings totaling +/-4,704 SF on +/-9,980 SF lot zoned LAR2. The property consists of eight 2 Bedroom / 1 Bathroom units with 8 dedicated gated parking spaces and an additional 8 tandem spaces. The units are individually metered for gas and electricity. The property sits across the street from the Metro Blue Line giving the tenants direct access to DTLA and Long Beach. This increases rental demand and leads to a stronger appreciation over time. It also benefits from the Metro Security patrols. Don't miss this opportunity to own a strong cash flowing investment day 1 with the benefit of add value!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Interior Spaces
- 4,704 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Parking
- 16 Parking Spaces
- Gated Parking
Additional Features
- 9,980 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 2 Buildings
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 6048-025-008
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/13/2025 08/13/25 | Price Changed | $1,660,000 | -2.1% | $353 / Sq Ft | |
| 06/19/2025 06/19/25 | Price Changed | $1,695,000 | -1.7% | $360 / Sq Ft | |
| 04/28/2025 04/28/25 | Price Changed | $1,725,000 | -2.8% | $367 / Sq Ft | |
| 03/04/2025 03/04/25 | For Sale | $1,775,000 | +26.8% | $377 / Sq Ft | |
| 12/30/2022 12/30/22 | Sold | $1,400,000 | 0.0% | $298 / Sq Ft | View Prior Sale |
| 12/21/2022 12/21/22 | For Sale | $1,400,000 | +14.3% | $298 / Sq Ft | |
| 04/25/2018 04/25/18 | Sold | $1,225,000 | -1.9% | $260 / Sq Ft | View Prior Sale |
| 01/15/2018 01/15/18 | For Sale | $1,249,000 | -- | $266 / Sq Ft |
Source: The MLS
MLS Number: 25506629
APN: 6048-025-008
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