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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

Listed by Brandon Maghen, DRE #02250000 • Lyon Stahl Investment Real Estate, Inc.

$ 1,100,000

Est. payment | -/mo

5,700 Sqft Lot

Save

$ 1,100,000

Est. payment | -/mo

Save

5,700 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSB26224943

Year Built 1944

Lot Size 5,700 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

9.85% Cap Rate! 9227-9233 S. Western Ave presents an exceptional opportunity to acquire a well-performing, fully occupied 4-unit multifamily property in Los Angeles, offered at $1,100,000. The property is currently generating an impressive 9.85% cap rate and 7.88 GRM, with annual scheduled rental income of approximately $139,535. All four units are occupied by Section 8 tenants, providing consistent rental income supported by government housing assistance payments. Built in 1944, the property consists of approximately 2,560 square feet of improvements situated on a 5,703-square-foot lot, equating to just $430 per square foot and $275,000 per unit. The property features four spacious two-bedroom, one-bathroom units, averaging approximately 640 square feet each. With 100% occupancy and an average monthly rent of approximately $2,907 per unit, the property offers investors immediate cash flow and an attractive income-producing asset. Ideally located in South Los Angeles, the property provides convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. Combining strong in-place cash flow, Section 8 rental income, full occupancy, and an attractive price per unit, 9227-9233 S. Western Ave offers investors a compelling opportunity

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Laundry None

Exterior

Garage Spaces 4.0

Pool None

Building

Water District - Public

Others

Tax ID 6057006014

Special Listing Condition Not Applicable

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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9227 S Western AVE Los Angeles, CA 90047