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9309 S. Western Ave presents an exceptional opportunity to acquire a well-performing 4-unit bungalow-style multifamily property in Los Angeles, offered at $1,050,000 ($262,500 per unit). The property is currently generating a strong 7.50% cap rate and 9.85 GRM, with pro forma rents reflecting approximately 26.02% upside in scheduled rental income. Three of the four units are occupied by Section 8 tenants, providing stable, reliable rental income backed by the housing assistance program. Built in 1943, the property consists of approximately 2,560 square feet of improvements situated on a 5,704 square foot lot, equating to just $410 per square foot. The property features four bungalow- style two-bedroom, one-bathroom units, offering residents added privacy and a highly desirable living arrangement, along with four on-site parking spaces. Ideally located in Los Angeles, the property provides convenient access to major employment centers, shopping, dining, public transportation, and nearby freeways. Combining strong in-place cash flow, government-backed rental income, significant rental upside, and an attractive bungalow-style layout, 9309 S. Western Ave offers investors a compelling opportunity in a consistently strong rental market.
| DAYS ON MARKET | 3 | LAST UPDATED | 8/5/2026 |
|---|---|---|---|
| YEAR BUILT | 1943 | COMMUNITY | C36 - Metropolitan Southwest |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AREA | C36 - Metropolitan Southwest |
|---|---|
| LOT | 5702 sq ft |
| LOT DIMENSIONS | 5704 |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 8/8/26 7:21 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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