9234 Graham Ave Active

Los Angeles,CA 90002

$ 1695000

16 Beds

8 Baths

4704 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,704 sqft

Price per Sqft $360

MLS Listing ID 25506629

Bedrooms 16

Year Built 1940

Lot Size 9,980 Sqft

Acres 0.2292

Property Sub-Type Multi-Family

Property Description

2nd Price Reduction! 8% CAP! 8.9 GRM! 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!

Location

State CA

County Los Angeles

Area Metropolitan South

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Gated

Garage Spaces 16.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

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