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9704 Graham Ave, Los Angeles, CA 90002
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9704 Graham Ave Los Angeles, CA 90002

$880,000
  • 7 Beds
  • 3 Baths
  • 2,446 Sq.Ft.
For Sale
$880,000 Get Pre-Qualified
Map preview of 9704 Graham Ave, Los Angeles, CA 90002

Property Overview: 9704 Graham Ave Los Angeles, CA has 7 bedrooms, 3 bathrooms, 2,446 living square feet and 6,650 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: EXCEPTIONAL income opportunity in Los Angeles with three units offering fantastic revenue potential. This property includes 3 separate units with a long driveway that fits up to 5 cars and gated entrance security door. Ideal for investors seeking strong rental income or for an owner who would like to occupy one of the units. All units are occupied with a long-term tenants. Property is located a few minutes from downtown Los Angeles, shopping centers, transportation, freeways and Metro.

Listed by Connie Berduo | BRE #01187353 | Berkshire Hathaway HomeServices California Properties
Last checked: 7 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 11
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Home details

Lot Sq. Ft
6,650
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Triplex
Status
Active
MLS#
PW24091381
City
Los Angeles
County
Los Angeles
Time on Site
11 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,150
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,800
  • Net Operating Income: $50,200
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,600
  • Trash: $0
  • Insurance: $2,600

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Property Details for 9704 Graham Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard, No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 6048027014
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Century/Wilmington
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 9704 Graham Ave

Last sold for $201,000 on August 25th, 2006

  • May, 2024

  • May 7, 2024

    Date

    Active

    CRMLS: PW24091381

    $938,000

    Price

  • January, 2022

  • Jan 7, 2022

    Date

    Active

    CRMLS: DW22000570

    $825,000

    Price

  • Listing provided courtesy of CRMLS

    3 SEPERATE UNITS WITH GOOD POTENTIAL TO EXPAND, PROPERTY HAS 3 METERS AND EACH TENANT PAY ALL UTILITIES INCLUDING WATER. PROPERTY IS CENTRALLY LOCATED, MINUTES AWAY FROM DOWNTOWN, METRO, SCHOOL AND STORES...... THESE UNITS ARE COMPLETELY OCCUPIED WITH GOOD TENANTS.

  • August, 2006

  • Aug 25, 2006

    Date

    Sold (Public Records)

    Public Records

    $201,000

    Price

  • March, 2006

  • Mar 13, 2006

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9704 Graham Ave

Assessed Value (2020): $551,270
Year Land Value Improved Value Assessed Value
2020 $367,515 $183,755 $551,270

Home Value Compared to the Market

This property vs the competition

9704 Graham Ave is listed 29.6% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $359.77 per/sqft which puts the price per square foot 53.7% lower than the median price per square foot for the city of Los Angeles.

About 9704 Graham Ave

Detailed summary of property

9704 Graham Ave is a triplex located in Los Angeles, CA 90002 and is currently for sale. This triplex offers 7 bedrooms, 3 bathrooms, roughly 2,446 living square feet, and sits on an approximately 6,650 square foot lot. 9704 Graham Ave was first listed on ArdentRealEstateGroup.com on May 8, 2024. The homeowner is currently asking $880,000 and was originally asking $938,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.6% lower than the median priced home. Local competing homes currently for sale include 11111 Wilmington Ave, 1600 E 81st St and 8141 Zamora Ave. While the average home in Los Angeles, CA is selling in 92 days, 9704 Graham Ave has a days on market of 11 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 9704 Graham Ave Los Angeles, CA 90002 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 9704 Graham Ave

Public county record property details
Beds
7
Baths
3
Year built
1911
Sq. Ft.
2,446
Lot Size
6,649
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
203,204
APN
6048-027-014

The source for these homes facts are from public records.

90002 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$587,000
Median List Price/Sq.Ft.
$485
Median Sold Price
$595,000
Median Sold Price/Sq.Ft.
$497
Total Inventory
38
Median Sale to List Price %
101.02%
Avg Days on Market
26
Loan Type
Conventional (50%), FHA (25%), VA (0%), Cash (16.67%), Other (8.33%)

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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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