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$1,775,000

Beds
16
sq ft
4,704

9234 Graham Ave, Los Angeles, CA 90002

9234 Graham Ave

Los Angeles, CA 90002

  • 26 days on market
7.3CAP! 9.5GRM! 9234 Graham Ave is an 8 unit multifamily investment property located in the Watts neighborhood of 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!

Details

Property type

Est. home value

$1,460,624

Lot size

9,980 sq ft

Price per sq ft

$378

Year built

1940

HOA

No

Price History

03/04/2025
CLAW

CLAW #25506629

Listed
$1,775,000
+26.79%
12/30/2022
CLAW

CLAW #22226651

Sold
$1,400,000
+14.29%
04/25/2018
CRMLS

CRMLS #DW18010816

Sold
$1,225,000

Schools & Community

Neighborhood: 

Watts

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pi Properties No 108 Llc

Loan start date

December 2022

Original loan amount

$997,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

Ee & Es Properties 1 Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 7:40 AM

Listing updated: 03/26/2025 at 10:16 AM

Listed by: Yitzy Davis, Keller Williams Realty Downey Phone #: (562) 334-1500

MLS: CLAW #25506629

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