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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.
Property Type(s):
Residential Income
| Last Updated | 5/20/2026 | Year Built | 1940 |
|---|---|---|---|
| Community | C37 - Metropolitan South | County | Los Angeles |
Additional Details
| AREA | C37 - Metropolitan South |
|---|---|
| HEAT | Central |
| LOT | 9984 sq ft |
| LOT DIMENSIONS | 9983 |
| PARKING | Gated |
| STORIES | 2 |
Location
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Listed with Mark King Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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