For Sale
House for sale at 9309 S Western Ave, Los Angeles, CA 90047 | MLS# SB26171343 | Listing updated on 2026-08-31
Photo 1 of House for sale at 9309 S Western Ave, Los Angeles, CA 90047 | MLS# SB26171343 | Listing updated on 2026-08-31
Photo 2 of House for sale at 9309 S Western Ave, Los Angeles, CA 90047 | MLS# SB26171343 | Listing updated on 2026-08-31
Photo 3 of House for sale at 9309 S Western Ave, Los Angeles, CA 90047 | MLS# SB26171343 | Listing updated on 2026-08-31
Photo 4 of House for sale at 9309 S Western Ave, Los Angeles, CA 90047 | MLS# SB26171343 | Listing updated on 2026-08-31
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Listed by: Brandon Maghen (310) 409-3908 DRE #02250000, Aaron Jacobson DRE #02100737 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838

$995,000

Monthly Est:$4,952

  • Beds Icon8 Beds
  • Beds Icon
    4 Baths
  • Beds Icon2,560sqft

9309 S Western Ave, Los Angeles, CA 90047

$4,952/moEst:

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  • Quadruplex

  • Built in 1943

  • $-- HOA

  • 5,704 sqft lot

  • $389/sq.ft

Description

9309 S. Western Ave presents an exceptional opportunity to acquire
a well-performing 4-unit bungalow-style multifamily property in Los
Angeles, offered at $995,000. The property is
currently generating a strong 8.00% cap rate and 9.33 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 $388 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.

  • Houzeo last checked: 14 minutes ago
  • Listing updated: August 31, 2026 at 8:29 pm
  • Source: California Regional MLS-CA | MLS#: SB26171343 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    1

  • County

    Los Angeles County

  • City

    Los Angeles

  • Neighborhood

    Gramercy Park

  • Year Built

    1943

  • HOA Fees

    -

  • Finished Area

    2,560 sqft

  • Lot Size

    5,704 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    SB26171343

  • MLS Status

    Active

  • Days on Market

    86

  • Cumulative Days on Market

    26

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 4

Interior

  • Sewer

    Public Sewer

Utilities & Energy

  • Pool Features

    None

  • Water Source

    Public

  • Laundry Features

    None

Other Features

  • Community Features

    Biking, Curbs, Park

  • Lot Features

    Zero To One Unit Acre

Price History

DateEventPrice

08/05/2026

Source: mls_logoCalifornia Regional MLS-CA #SB26171343

Listed for Sale

$1,050,000 +5.53%

$410/sqft

08/05/2026

Source: mls_logoCalifornia Regional MLS-CA #SB26171343

Price Increased

$995,000 +121.11%

$389/sqft

09/11/2016

Source: mls_logoCalifornia Regional MLS-CA #16143150

Sold

$450,000

$176/sqft

Getting Around 9309 S Western Ave

Bike Score®

Bike Score

Bikeable

60/100

Walk Score®

Walk Score

Very Walkable

74/100

Transit Score®

Transit Score

Some Transit

48/100

Data provided by Redfin

Nearby Homes

Based on information from California Regional Multiple Listing Service, Inc. as of Oct 31, 2026, 11:45AM 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. 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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