9309 Western Avenue, Los Angeles, CA 90047
Local realty services provided by:ERA North Orange County Real Estate
9309 Western Avenue,Los Angeles, CA 90047
$995,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: brandon maghen
Office: lyon stahl investment real estate, inc.
MLS#:SB26171343
Source:MLSListings
Price summary
- Price:$995,000
About this home
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....
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Home facts
- Year built:1943
- Listing ID #:SB26171343
- Added:101 day(s) ago
- Updated:November 15, 2026 at 05:30 PM
Structure and exterior
- Year built:1943
- Lot area:0.13 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$995,000
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