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$1,000,000

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 9 days ago
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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.

Full Property Details for 9321 S Western Ave

General

  • Price: $1,000,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26650181
  • Updated: 2/10/2026
  • Added to Site: 9 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Other Features: None

Parking

  • Garage Description: Driveway, Gated, Parking Space

Location

  • Area: Metropolitan Southwest
  • County: Los Angeles
  • Driving Directions: Western Ave, between 92nd and 94th St

Heating & Cooling

  • Cooling Type: Wall/Window
  • Heating Type: Wall

Structural Information

  • # Buildings: 2
  • Stories/Levels: 2
  • Square Feet: 4,076
  • Sq. Ft. Source: Assessor
  • Year Built: 1946
  • Year Built Source: Vendor Enhanced

Unit Information

  • Units in Complex: 5
  • Unit Type: 2106, 2107, 2108, 2109, 2110

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1

Unit 5

  • Total Bathrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1309
  • Lot Size: 5702
  • Lot Size Source: Assessor
  • Lot Dimensions: 50 x 114
  • Alley: Yes
  • Zoning: LARD1.5

Financial Considerations

  • Price Per Sq. Ft.: $245.34
  • Assessment Year: 1946

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 6057-006-017

Listed by Lyon Stahl Investment Real Estate, Inc., Brandon Evans

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Listing agent

— 9321 S Western Ave —

  • Brandon Evans

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 9321 S Western Ave

School District:Los Angeles Unified School District
NameGradesDistance
Manhattan Place Elementary School
1850 West 96th Street, Los Angeles, CA 90047
K-50.2 mi
George Washington Preparatory High School
10860 South Denker Avenue, Los Angeles, CA 90047
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 9321 S Western Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/10/2026
Listed
$1,000,000
140.96%
MLS
9/23/2015
Sold
$415,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 9321 S Western Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,757
3%
$591,893
4%
2023
$7,498
5%
$568,910
2%
2022
$7,172
2%
$557,756
2%
2021
$7,064
-1%
$546,821
1%
2020
$7,128
4%
$541,215
2%
2019
$6,863
2%
$530,604
2%
2018
$6,719
2%
$520,200
2%
2017
$6,582
14%
$510,000
23%
2016
$5,797
144%
$415,000
155%
2015
$2,379
-1%
$163,039
2%
2014
$2,402
—
$159,847
—
2013
$2,396
—
$159,126
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 9321 S Western Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Lyon Stahl Investment Real Estate, Inc., Brandon Evans

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9321 S Western Ave, Los Angeles, CA 90047 (MLS# 26650181) is a Multi-Family property with units containing 6 bedrooms and 0 full bathrooms. 9321 S Western Ave is currently listed for $1,000,000 and was received on February 10, 2026. Want to learn more about 9321 S Western Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles Southwest? You can browse all Los Angeles Southwest real estate or contact a Coldwell Banker agent to request more information.

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