Excellent multifamily investment opportunity in Los Angeles. This 8-unit property offers strong in-place income with additional upside through lease-up of the current vacancy. The property is currently generating approximately $173,808 in annual gross rental income with one vacant unit, producing an actual GRM of 9.49.Once fully occupied, projected annual gross rental income increases to approximately $199,000, bringing the projected GRM to approximately 8.29. This creates a compelling value-add opportunity for an investor seeking immediate cash flow with clear upside. Nearby transit includes access to the Metro A Line, including the Firestone Station on Graham Avenue and the 103rd Street/Watts Towers Station, providing rail connectivity toward Downtown Los Angeles, Long Beach, and other major Los Angeles destinations. With 8 units in a high-demand Los Angeles rental market, 9234 Graham Ave offers scale, income stability, and the ability to improve returns through full occupancy. Strong rental fundamentals, nearby Metro connectivity, and attractive projected income make this a solid addition to any multifamily portfolio.
AGENT: Mark King LISTING BROKERAGE: Mark King Real Estate
Courtesy of Mark King Real Estate. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 9234 Graham AV
Los Angeles, CA
Property Details
Price:
$1,650,000
MLS #:
26836535
Status:
Active
Beds:
16
Baths:
8
Type:
Single Family
Neighborhood:
c37metropolitansouth
Listed Date:
May 20, 2026
Finished Sq Ft:
4,704
Total Sq Ft:
4,704
Lot Size:
9,983 sqft / 0.23 acres (approx)
Year Built:
1940
C37 – Metropolitan SouthC37metropolitansouth
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Schools
Interior
Heating
CF
Levels
U
Exterior
Common Walls
_1CW
Parking Spots
12
Parking Total
12
Financial
Gross Operating Income
$172,688
Net Operating Income
$160,000
Map
Community
- Address9234 Graham AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90002
