3 months on rocket

9614 Graham Ave, Los Angeles, CA, 90002

$780,000

Home List Price

$9,263*

Closing Credit

0 Baths
Multi

Location

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9614 Graham Ave, Los Angeles$780,000

Buyer Closing Credits

$9,263*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1950
HeatingCentral
MLS #GD24183696
Lot Size0.15 Acres
StatusActive

About 9614 Graham Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 2

Listing Office:

  • Office Name: Las Casas Realty, Inc.
  • Office Phone: (818) 808-3966
  • Listing Agent: Yefree Montoya

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Rectangular Lot
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central

Other

Directions Information:

  • Directions: Graham and 97th

Price Information

Listing Price Info

Price Summary:

  • List Price: $780,000

Tax Information:

  • Annual Amount: $5,102
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

9614 Graham Ave vs Los Angeles

101 DAYS ON ROCKET

+63 Days

$780,000

-$241.5K Less

KEY TAKEAWAY

This property is $241.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24183696

Listing Office:

  • Office Name: Las Casas Realty, Inc.
  • Office Phone: (818) 808-3966
  • Listing Agent: Yefree Montoya

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 2004Home Sold
$280,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,102$360,556
2020$4,959$356,860
2019$4,803$349,863
2018$4,700$343,004
2017$4,700$336,279

History based on county public records data.

Payment Calculator

$3,960

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,405

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-778423
3
/10
  • 96th Street STEAM Academy

  • 1471 E 96th St

  • 0.35 miles

  • Public District Grades KG-6

school-card-donut-778424
6
/10
  • 92nd Street Elementary STEAM Academy

  • 9211 Grape St

  • 0.45 miles

  • Public District Grades KG-6

school-card-donut-778425
2
/10
  • Florence Griffith Joyner Elementary

  • 1963 E 103rd St

  • 0.46 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,610. The most common annual income of people living in Los Angeles, CA is less than $35k. Most families are single, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyLos Angeles900029614 Graham Ave

This home is located at 9614 Graham Ave in Los Angeles, CA and zip code 90002 in the South LA neighborhood. This home, which was built in 1950, sits on a 0.15 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $780,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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