Well-priced 4-unit property in South Los Angeles, offered at $237,000 per unit and $357/SF. Current income supports a 8.01% Cap Rate and 9.18 GRM, making it a solid cash-flowing investment from day one. The building features 4 parking spaces with secure entry, a great amenity for tenants. The two story structure was built in 1959 and sits on a 4,655 square foot lot that is zoned LAR2. The construction of the property is wood-frame stucco. Great opportunity for investors looking for a simple, flexible property with upside in a growing neighborhood.
Sold for $970,000
Listing Provided by: Lyon Stahl Investment Real Estate, Inc.
Bought with: Lyon Stahl Investment Real Est
$970,000
9802 Graham Ave, Los Angeles, CA 90002
9beds
4baths
2,656sqft
Multi Family
Built in 1959
-- sqft lot
$979,200 Zestimate®
$365/sqft
$2,739 Estimated rent
Home value
$979,200
$891,000 - $1.08M
$2,739/mo
Zestimate® history
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$2,739/mo
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$2,739/mo
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$6,120/mo
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$6,120/mo
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Wood-frame stuccoSecure entry
Zillow last checked:
Listing updated:
Listing Provided by:
Aaron Jacobson DRE #02100737 310-729-1559,
Lyon Stahl Investment Real Estate, Inc.,
Peter James DRE #01748556 310-467-7581,
Lyon Stahl Investment Real Estate, Inc.
Bought with:
Boris Almengor, DRE #02092597
Lyon Stahl Investment Real Est
Cameron Samimi, DRE #02035763
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB25169407
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
Appliances
- Laundry: None
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,656
- Total interior livable area: 2,656 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
Lot
- Size: 4,655 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 6048027018
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Suburban, Sidewalks, Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,Conventional,FHA
Price history
| Date | Event | Price |
|---|---|---|
| 1/12/2026 | Sold | $970,000+2.1%$365/sqft |
Source:  CRMLS #SB25169407 Report a problem | ||
| 12/29/2025 | Pending sale | $950,000$358/sqft |
Source: CRMLS #SB25169407 Report a problem | ||
| 10/27/2025 | Contingent | $950,000$358/sqft |
Source: CRMLS #SB25169407 Report a problem | ||
| 7/28/2025 | Listed for sale | $950,000+50.8%$358/sqft |
Source: CRMLS #SB25169407 Report a problem | ||
| 5/10/2019 | Sold | $630,000+10.1%$237/sqft |
Source: Public Record Report a problem | ||
| 8/18/2017 | Sold | $572,000+31.5%$215/sqft |
Source: Public Record Report a problem | ||
| 10/25/2004 | Sold | $435,000+70.6%$164/sqft |
Source: Public Record Report a problem | ||
| 4/28/2003 | Sold | $255,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,332 +1.3% | $702,773 +2% |
| 2024 | $9,213 +1.9% | $688,994 +2% |
| 2023 | $9,041 +4.6% | $675,485 +2% |
| 2022 | $8,644 +1.4% | $662,241 +2% |
| 2021 | $8,528 -0.9% | $649,257 +1% |
| 2020 | $8,606 | $642,600 +10.1% |
| 2019 | $8,606 +13% | $583,440 +2% |
| 2018 | $7,614 | $572,000 +9.5% |
| 2017 | $7,614 +8.9% | $522,447 +2% |
| 2016 | $6,990 +2.6% | $512,204 +1.5% |
| 2015 | $6,810 +1.1% | $504,511 +2% |
| 2014 | $6,739 | $494,629 +2.5% |
| 2012 | -- | $482,740 +2% |
| 2011 | -- | $473,276 +0.8% |
| 2010 | -- | $469,740 -0.2% |
| 2009 | -- | $470,857 +2% |
| 2008 | -- | $461,625 +2% |
| 2007 | -- | $452,574 +2% |
| 2006 | -- | $443,700 |
| 2005 | -- | $443,700 +70.8% |
| 2004 | -- | $259,760 -1% |
| 2003 | -- | $262,499 +2% |
| 2002 | -- | $257,353 +4% |
| 2000 | -- | $247,362 |
Find assessor info on the county website
Neighborhood: Watts
Nearby schools
GreatSchools rating
- 7/10Florence Griffith Joyner Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Edwin Markham Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Jordan High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$979,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$979,200
- California
- Los Angeles County
- Los Angeles
- 90002
- Watts
- 9802 Graham Ave
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Nearby neighborhoods
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