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!
For sale
$1,660,000
9234 Graham Ave, Los Angeles, CA 90002
16beds
8baths
4,704sqft
Est.:
Multi Family
Built in 1940
-- sqft lot
$1,668,200 Zestimate®
$353/sqft
$-- HOA
What's special
Dedicated gated parking spacesTandem spaces
- 284 days |
- 52 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: October 05, 2025 at 11:21am
Listed by:
Yitzy Davis DRE # 02075515 559-330-9709,
Keller Williams Los Angeles 562-334-1500,
Stephen F. Watson DRE # 01187813 213-446-3636,
Keller Williams Los Angeles
Source: CLAW,MLS#: 25506629
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Heating
- Wall
Cooling
- None
Interior area
- Total structure area: 4,704
- Total interior livable area: 4,704 sqft
Property
Parking
- Total spaces: 16
- Parking features: Gated
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,983.95 Square Feet
Details
- Additional structures: None
- Parcel number: 6048025008
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $353/sqft
- Tax assessed value: $1,428,000
- Annual tax amount: $19,241
- Date on market: 3/6/2025
Estimated market value
$1,668,200
$1.58M - $1.75M
$2,935/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2025 | Price change | $1,660,000-2.1%$353/sqft |
Source: | ||
| 6/19/2025 | Price change | $1,695,000-1.7%$360/sqft |
Source: | ||
| 4/28/2025 | Price change | $1,725,000-2.8%$367/sqft |
Source: | ||
| 3/6/2025 | Listed for sale | $1,775,000+26.8%$377/sqft |
Source: | ||
| 12/30/2022 | Sold | $1,400,000$298/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,241 +1.2% | $1,456,560 +2% |
| 2024 | $19,010 +4.8% | $1,428,000 +2% |
| 2023 | $18,133 +9% | $1,400,000 +6.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$10,319/mo
Principal & interest
$8133
Property taxes
$1605
Home insurance
$581
Climate risks
Neighborhood: Watts
Nearby schools
GreatSchools rating
- 5/10Judith F. Baca Arts AcademyGrades: K-6Distance: 0.3 mi
- 3/10Charles Drew Middle SchoolGrades: 7-8Distance: 0.7 mi
- 3/10Jordan High SchoolGrades: 9-12Distance: 0.9 mi
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