Los Angeles, CA 90047,9517 S WESTERN AVE
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Los Angeles, CA 90047,9517 S WESTERN AVE
Los Angeles, CA 90047,9517 S WESTERN AVE
Los Angeles, CA 90047,9517 S WESTERN AVE
Los Angeles, CA 90047,9517 S WESTERN AVE

$900,000

Est. payment /mo

$897,000

0.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

9517 S WESTERN AVE Los Angeles, CA 90047

8 Beds

4 Baths

2,560 SqFt

SOLD DATE : 07/12/2022

Key Details

Sold Price $900,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,560 sqft

Price per Sqft $351

MLS Listing ID 22-144331

Sold Date 07/12/22

Style California Bungalow

Bedrooms 8

Year Built 1944

Lot Size 5,586 Sqft

Acres 0.1282

Property Sub-Type Multi-Family

Property Description

The Western Four is a well-positioned 4-Unit Investment Property comprised of Four (4) detached homes. Each home is a 2 bedroom / 1 bathroom for a total of 2,560 Sq. ft. - situated on a 5,586 Sq. ft R1.5 zoned Lot in the City of Los Angeles. In July 2022 there will be 1 unit vacant bringing the estimated yearly income to an impressive $80,580, GRM of 11, Cap Rate of 6.5% and an estimated ROI of 11% Year One! (See OM for details). There are approximately six (6) parking spots that are easily accessible off the alley. Tenants enjoy a gated courtyard and outdoor space surrounding each home which is utilized for storage and outdoor living. The Western Four is conveniently located roughly 1 mile from mega-development Sofi Stadium (Rams House), just one block to Jesse Owens Park and Maggie Hathaway Golf Course; and walking distance to several restaurants and shops. This is a well-managed building with several recent upgrades in a high-demand rental area with considerable upside potential - Don't miss this diamond.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Natural Gas

Cooling None

Equipment Range/Oven

Laundry None

Exterior

Parking Features Assigned

Garage Spaces 6.0

Building

Story 1

Architectural Style California Bungalow

Others

Special Listing Condition Standard

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TheMLS (CLAW)
Listed by Compass
Bought with Rodeo Realty

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Anastasiya Richards

Anastasiya Richards

Agent | License ID: 01973283

+1(510) 493-0442

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