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9318 S Western Ave, Los Angeles, CA 90047
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9318 S Western Ave Los Angeles, CA 90047

$1,100,000
  • 4 Beds
  • 4 Baths
  • 6,268 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 9318 S Western Ave, Los Angeles, CA 90047

Property Overview: 9318 S Western Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 6,268 living square feet and 6,001 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Price reduced////The property is a Mixed-use, 4 residential apartments units on the second floor, the apartments are all 1 bedroom, 1 bath each, with 1 car garage each. There are also 2 commercials on the first floor. One commercial is rented for $ 1,250. A total of 6 properties Property is separate metered for gas and electric. Property is centrally located. Must see to appreciate.

Listed by Susana Hernandez | BRE #01029371 | Prime Time Realty & Associates
Last checked: 15 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 43
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Home details

Lot Sq. Ft
6,001
HOA Dues
$0/mo
Year built
1947
Garage
4 Car
Property Type:
Mixed Use
Status
Active
MLS#
DW24056351
City
Los Angeles
County
Los Angeles
Time on Site
42 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $823
  • Total Rent: $823
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $732
  • Total Rent: $732
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $823
  • Total Rent: $823
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $56,736
  • Net Operating Income: $37,476
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,260
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $4,500
  • Trash: $3,360
  • Insurance: $6,000
  • Maintenance: $3,600
  • Professional Management: $0
  • Water/Sewer: $1,800

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Property Details for 9318 S Western Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Level
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 6055026039
  • Year Built Source: Public Records
  • Entry Level: 4
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Western / 93rd St.
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 9318 S Western Ave

View property's historical transactions

  • March, 2024

  • Mar 20, 2024

    Date

    Active

    CRMLS: DW24056351

    $1,350,000

    Price

Tax History for 9318 S Western Ave

Assessed Value (2020): $274,848
Year Land Value Improved Value Assessed Value
2020 $194,018 $80,830 $274,848

Home Value Compared to the Market

This property vs the competition

9318 S Western Ave is listed 10.2% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $175.49 per/sqft which puts the price per square foot 77.33% lower than the median price per square foot for the city of Los Angeles.

About 9318 S Western Ave

Detailed summary of property

9318 S Western Ave is a mixed use located in Los Angeles, CA 90047 and is currently for sale. This mixed use property offers 4 bedrooms, 4 bathrooms, roughly 6,268 living square feet, and sits on an approximately 6,001 square foot lot. 9318 S Western Ave was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $1,100,000 and was originally asking $1,350,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10.2% lower than the median priced home. Local competing homes currently for sale include 2323 Redondo Blvd #2, 849 S Broadway #611 and 4568 W 1st St #212. While the average home in Los Angeles, CA is selling in 96 days, 9318 S Western Ave has a days on market of 43 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 9318 S Western Ave Los Angeles, CA 90047 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9318 S Western Ave

Public county record property details
Beds
--
Baths
--
Year built
1947
Sq. Ft.
6,268
Lot Size
6,000
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
9
APN
6055-026-039

The source for these homes facts are from public records.

90047 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$760,000
Median List Price/Sq.Ft.
$538
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$559
Total Inventory
85
Median Sale to List Price %
94.29%
Avg Days on Market
35
Loan Type
Conventional (26.32%), FHA (10.53%), VA (5.26%), Cash (26.32%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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