9321 S Western Avenue, Los Angeles, CA 90047

• 4,076 sqft

Property Description

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.

Listing Status:

Active

Date Added:

February 10, 2026

Data Last Updated:

February 15, 2026 at 7:06AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Brandon Evans : 805-814-9070

MLS ID:

CL26650181

Interior

• A/C: Wall/Window Unit(s)
• Heating: Wall Furnace

Exterior

• Parking: Other

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LARD6057006017

Financial

• Source: CRMLS