About 9321 S Western Avenue
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.
Features of 9321 S Western Avenue
| MLS® # | 26650181 |
|---|---|
| Price | $1,000,000 |
| Bedrooms | 6 |
| Bathrooms | 5.00 |
| Square Footage | 4,076 |
| Lot Size | 5,702 |
| Year Built | 1946 |
| Type | Residential Income |
| Status | Active |
| # Of Units | 5 |
Community Information
| Address | 9321 S Western Avenue |
|---|---|
| Area | C36 - Metropolitan Southwest |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90047 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Parking | Driveway, Gated, One Space |
| Garages | Driveway, Gated, One Space |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Refrigerator |
|---|---|
| Heating | Wall Furnace |
| Cooling | Wall/Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split |
Additional Information
| Date Listed | February 10th, 2026 |
|---|---|
| Days on Market | 119 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Brandon Evans |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |