9309 S Western Avenue

Los Angeles, CA 90047
Square Ft.
2,560
$995,000
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… Read MoreRead Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Brandon Maghen 310-409-3908
Listing Snapshot
Days Online
97
Last Updated
Property Type
Quadruplex
Square Ft.
2,560
Lot Size
0.13 Acres
Year Built
1943
MLS Number
SB26171343
Property Location Map
Additional Details
Building
Built in 1943, 1 building, 1 storey, Entry level: 1, Entry location: Front
Community
Biking, Curbs, Park
Expenses
Operating: $23,843
Income
Gross Income: $106,652, Gross ScheduledIncome: $106,652, Net Operating Income: $79,609
Laundry
None
Lot
0.1309 acres, ZeroToOneUnitAcre
Parking
4 open parking spaces, 4 total parking spaces
Pool
None
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 6057006016, Lot: 103
Utilities
Water Source: Public, 4 separate electric meters, 4 separate gas meters
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Monthly Payment
$0
Joe Villaescusa
CEO
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.