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 $172,688 in annual gross rental income with one vacant unit, producing an actual GRM of 9.55.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.
MLS #:
26836535
Lot Size
9,983 SQFT
Type
Multifamily
Year Built
1940
County
Los Angeles County
Listed By
Mark King, Mark King Real Estate
Source Combined L.A. Westside (CLAW) Last checked May 20 2026 at 7:25 PM GMT+0000
Disclaimer: Copyright 2026 CLAW MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/20/26 12:25
Description