9234 Graham Ave - Apartments FOR SALE


Los Angeles, CA 90002- Watts
$1,775,000 USD
213-797-7187
9234 Graham Ave, Los Angeles, CA for Sale
$1,775,000 USD
Apartments - FOR SALE
1/10
null | 7.29% Cap Rate

9234 Graham Ave
Los Angeles, CA 90002
Watts


HIGHLIGHTS

  • All 2Bed/1Bath Units!
  • Gated Parking!
  • Individually Metered for Gas & Electricity!
  • Close to Metro Blue Line!
  • Achieve High Section 8 Rents!
  • Individual Water Heaters!

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,775,000 USD

PRICE/SF

$377 USD /SF

# OF UNITS

8

PRICE/UNIT

$221,875

CAP RATE

7.29%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,980 SF

ZONING

LAR2

APN/PARCEL ID

6048-025-008

ASK ABOUT THIS PROPERTY

Yitzy DavisTotal Realty GroupMore Info
213-797-7187

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Yitzy DavisTotal Realty GroupMore Info
213-797-7187

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.