You Will Cash Flow from Day One! Immediately cash-flowing 8-unit investment property with annual rents of $197,808, which is $16,484 per month. At a GRM of 8.31, this property beats the 10% investing rule and matches the 1% rule, making it a strong income-producing opportunity from day one.
For sale
$1,650,000
9234 Graham Ave, Los Angeles, CA 90002
16beds
8baths
4,704sqft
Multi Family
Built in 1940
-- sqft lot
$1,668,200 Zestimate®
$351/sqft
$-- HOA
What's special
- 58 days |
- 41 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Mark King DRE # 02139777 310-237-8749,
Mark King Real Estate 310-237-8749
Source: CLAW,MLS#: 26836535
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Heating
- Central
Cooling
- Window Unit(s)
Interior area
- Total structure area: 4,704
- Total interior livable area: 4,704 sqft
Property
Parking
- Total spaces: 12
- Parking features: Gated
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,983 Square Feet
Details
- Additional structures: None
- Parcel number: 6048025008
- Zoning: LAR2
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $351/sqft
- Tax assessed value: $1,456,560
- Annual tax amount: $19,241
- Date on market: 5/20/2026
- Total actual rent: 197808
Estimated market value
$1,668,200
$1.58M - $1.75M
$2,943/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $1,650,000-0.6%$351/sqft |
Source:  CLAW #26836535 Report a problem | ||
| 1/1/2026 | Listing removed | $1,660,000$353/sqft |
Source: CLAW #25506629 Report a problem | ||
| 8/13/2025 | Price change | $1,660,000-2.1%$353/sqft |
Source: CLAW #25506629 Report a problem | ||
| 6/19/2025 | Price change | $1,695,000-1.7%$360/sqft |
Source: CLAW #25506629 Report a problem | ||
| 4/28/2025 | Price change | $1,725,000-2.8%$367/sqft |
Source: CLAW #25506629 Report a problem | ||
| 3/6/2025 | Listed for sale | $1,775,000+26.8%$377/sqft |
Source: CLAW #25506629 Report a problem | ||
| 12/30/2022 | Sold | $1,400,000$298/sqft |
Source: Public Record Report a problem | ||
| 12/21/2022 | Listed for sale | $1,400,000$298/sqft |
Source: CLAW #22-226651 Report a problem | ||
| 10/24/2022 | Listing removed | -- |
Source: CLAW #22-160841 Report a problem | ||
| 10/19/2022 | Price change | $1,400,000-6.7%$298/sqft |
Source: CLAW #22-160841 Report a problem | ||
| 8/18/2022 | Price change | $1,500,000-6.3%$319/sqft |
Source: CLAW #22-160841 Report a problem | ||
| 7/7/2022 | Price change | $1,600,000-5.9%$340/sqft |
Source: CLAW #22-160841 Report a problem | ||
| 6/17/2022 | Price change | $1,700,000-5.6%$361/sqft |
Source: CLAW #22-160841 Report a problem | ||
| 5/25/2022 | Listed for sale | $1,800,000+46.9%$383/sqft |
Source: CLAW #22-160841 Report a problem | ||
| 4/20/2018 | Sold | $1,225,000-1.9%$260/sqft |
Source: Public Record Report a problem | ||
| 1/16/2018 | Listed for sale | $1,249,000+31.5%$266/sqft |
Source: Century 21 Allstars #DW18010816 Report a problem | ||
| 10/19/2017 | Sold | $950,000+15.2%$202/sqft |
Source: Public Record Report a problem | ||
| 2/28/2006 | Sold | $825,000+65%$175/sqft |
Source: Public Record Report a problem | ||
| 8/4/2004 | Sold | $500,000+88.7%$106/sqft |
Source: Public Record Report a problem | ||
| 9/4/2001 | Sold | $265,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,241 +1.2% | $1,456,560 +2% |
| 2024 | $19,010 +4.8% | $1,428,000 +2% |
| 2023 | $18,133 +9% | $1,400,000 +6.6% |
| 2022 | $16,633 +1.3% | $1,313,446 +2% |
| 2021 | $16,415 -0.9% | $1,287,693 +1% |
| 2020 | $16,571 | $1,274,490 +2% |
| 2019 | $16,571 +33.8% | $1,249,500 +31.5% |
| 2018 | $12,382 | $950,000 -2.2% |
| 2017 | $12,382 -1.7% | $971,426 +2% |
| 2016 | $12,593 +2.6% | $952,380 +1.5% |
| 2015 | $12,272 +1.1% | $938,075 +2% |
| 2014 | $12,137 | $919,700 +2.5% |
| 2012 | -- | $897,594 +2% |
| 2011 | -- | $879,995 +0.8% |
| 2010 | -- | $873,420 +3.8% |
| 2007 | -- | $841,500 +40.3% |
| 2006 | -- | $600,000 +130.8% |
| 2004 | -- | $260,000 |
| 2003 | -- | $260,000 -39.2% |
| 2000 | -- | $427,334 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Watts
Nearby schools
GreatSchools rating
- 3/10Judith F. Baca Arts AcademyGrades: K-6Distance: 0.3 mi
- 2/10Charles Drew Middle SchoolGrades: 7-8Distance: 0.7 mi
- 4/10Jordan High SchoolGrades: 9-12Distance: 0.9 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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