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9234 Graham Ave 8 Unit Apartment Building $1,660,000 ($207,500/Unit) 8.20% Cap Rate Los Angeles, CA 90002

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INVESTMENT HIGHLIGHTS

  • All 2Bed/1Bath Units!
  • Individually Metered for Gas & Electricity!
  • Achieve High Section 8 Rents! Opportunity Zone Location!
  • Gated Parking! Large Lot ADU Potential!
  • Close to Metro Blue Line!
  • Individual Water Heaters!

EXECUTIVE SUMMARY

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!

ATTACHMENTS

Graham_flyer (1)

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,660,000
Price Per Unit $207,500
Sale Type Investment
Cap Rate 8.20%
Gross Rent Multiplier 8.7
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 4,704 SF
Average Occupancy 100%
No. Stories 2
Year Built 1940
Parking Ratio 3.4/1,000 SF
Opportunity Zone Yes
Zoning LAR2 - Multiple Dwelling

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating

SITE AMENITIES

  • Gated

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6048-025-008
Land Assessment
$832,320 (2025)
Improvements Assessment
$624,240 (2025)
Total Assessment
$1,456,560 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 35030345

  • Date on Market: 3/5/2025

  • Last Updated:

  • Address: 9234 Graham Ave, Los Angeles, CA 90002

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