Overview
- 6
- 5
- 4076
- 1946
Description
We are pleased to present 9321 S Western Avenue, a mixed use investment opportunity with 3 apartment units and 2 retail spaces in Gramercy Park, South Los Angeles, CA. The property is comprised of two detached structures totaling 4,076 SF with a unit mix of all (1) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath units, (1) 3 Bed / 1 Bath units, and (2) Retail Spaces. There are currently (2) Section 8 tenants in-place: 2 Bed/ 1 Bath unit rented at $2,450 and 3 Bed/1 Bath unit rented at $3,500. The property will be delivered fully occupied with a gross monthly income of $10,497, or $125,973 annually. The opportunity yields a 8.59% Cap Rate on current income (7.94 GRM) with a projected cash-on-cash of 10.7%. 9321 S Western Ave is centrally in the heart of Gramercy Park, just 2 miles east of SoFi Stadium / Hollywood Park with convenient access to LAX, South Bay, Inglewood, and Culver City.
Address
Open on Google Maps- Address Western
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90047
Details
Updated on February 18, 2026 at 11:06 am- Property ID: HZ26650181
- Price: $1,000,000
- Property Size: 4076 Sq Ft
- Bedrooms: 6
- Bathrooms: 5
- Year Built: 1946
- Property Status: ResidentialIncome
- Listed by: Brandon Evans
- DRE #: 02058494
- Contact Phone: 8058149070|
- Contact Mail: brandon.evans@lyonstahl.com
- Brokered by: Lyon Stahl Investment Real Estate, Inc.
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