9614 Graham Avenue

Los Angeles, CA 90002

$780,000
Price
7
Beds
4
Baths
2,838 Sq. Ft.
$275 / Sq. Ft.
2,838
Sq. Ft.
$275
per Sq. Ft.

Description

This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces—3 carports and 2 separate garage spaces. There are two main entrances: one...This property offers a fantastic investment opportunity with a total of 7 bedrooms and 4 bathrooms, all in great condition. While it requires basic cosmetic repairs such as fresh paint, landscaping, and fixture updates, the potential is substantial. The front unit features 4 bedrooms and 2 bathrooms, while the back unit, located above a 2-car garage, includes 3 bedrooms and 2 bathrooms. The property provides 5 parking spaces—3 carports and 2 separate garage spaces. There are two main entrances: one on the right, leading to the back unit, and one on the left, for the front unit. The two units are detached and do not share a wall, offering residents peace and privacy. A shared laundry room is conveniently located upstairs, next to the back unit, and easily accessible for both units. Each unit has the potential to be rented for $3,000 or more, making this property ideal for investors targeting one of Los Angeles' last affordable neighborhoods. This property is perfect for investors, whether you’re looking to make your first real estate investment or expand your portfolio. It’s also ideal for house hacking or implementing the BRRRR (Buy, Renovate, Refinance, Rent) strategy. The property is eligible for FHA financing due to its size. Upon entering, you’ll find a large front yard and a smaller yet spacious back yard. The front unit has two entrances—one at the front and another near the back of the house. There’s also potential to convert one of the carports into an additional bonus room, further increasing the property's value. This property can be delivered vacant, though it is currently tenant-occupied. Agents will assist with tenant relocation, making this an excellent opportunity for investors looking to renovate and revitalize the property. Don’t miss out on this incredible investment opportunity.
  1. Listed by Yefree Montoya • DRE #02043895 • Brokerage DRE #00804434 • Las Casas Realty, Inc. • 818-808-3966

Property Details for 9614 Graham Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
3.0
Lot Size Source
Assessor
Property Attached YN
false
Common Walls
No Common Walls
New Construction
No
Average Studio Area Units
Square Feet
LISTING UPDATED: 09/12/2024 03:14 AM

Property Details for 9614 Graham Avenue

StatusActive
MLS #GD24183696
Days on Market73
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.15 AC / 6,652 SF
CountyLos Angeles County

Building Information for 9614 Graham Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.15 AC / 6,652 SF

Property Information for 9614 Graham Avenue

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $38,760
  • Gross Scheduled Income: $38,760
  • Net Operating Income: $36,360
Expense Details
  • Operating Expense: $2,400
  • Fuel Expense: $240
  • Electric Expense: $600
  • Insurance Expense: $720
  • Trash Expense: $390
  • Water Sewer Expense: $450
  • Total Expenses: $2,400
Tax / Assessment Info
  • Tax Tract Number: n/a
  • Tax Census Tract: 2422.02
  • CFD/Mello-Roos Fee: $904
  • Tax Lot: 137
Community / Development
Community / Development
  • Community Features: Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Heating: Central
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Rectangular Lot
  • Land Lease: No
  • Levels: Two
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Uncovered Spaces: 3
  • Carport Spaces: 3
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,680
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Actual Rent: $1,550
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 9614 Graham Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9614 Graham Avenue

Taxable ValueLand$273,305Additions$109,316Total$382,621
Tax Record2024$5,500 ($458 / month)
Home Facts
Total Finished SqFt2,838 SqFtAbove Grade Finished SqFt2,838 SqFtLot Size6,650 SqFtStyleTriplexYear Built1950ZoningLAR2CountyLOS ANGELESAPN6048-026-047

Schools near 9614 Graham Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Judith F. Baca Arts Academy
PublicK to 6

Charles Drew Middle School
Public7 to 8

Jordan High School
Public9 to 12

KIPP Philosophers Academy
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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9614 Graham Avenue is a multi-family home for sale in Los Angeles, CA 90002. This property was listed for sale on September 11, 2024 by Las Casas Realty, Inc., it's currently listed at $780,000. It has been on the market for a total of 73 days and was last sold on August 27, 2004. This listing's school district is Los Angeles Unified School District. Nearby schools include Judith F. Baca Arts Academy, Charles Drew Middle School and Jordan High School. 9614 Graham Avenue is a 7-bed, 4-bath, 2,838 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Las Casas Realty, Inc., Yefree Montoya, DRE #02043895

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.