RENTS RECENTLY INCREASED - A perfect property for either owner occupied or investment! Modern Duplex built in 2006, featuring a total of 2,400 square feet of living space. One of the units is generating a whopping $3300 rent per month while the other unit is vacant that has a performa rent of $3700.
Each unit is thoughtfully designed and features 3 bedrooms and 2 bathrooms, providing ample space for residents. Both units are equipped with in-unit laundry facilities, enhancing convenience for tenants. The property includes parking in the rear with additional street parking, ensuring ample space for residents and guests. Situated on a 3,000 square feet lot, the duplex is located in a central Los Angeles neighborhood, offering easy access to local amenities, schools, and public transportation with easy access to downtown and airport.
This property presents an excellent opportunity for investors seeking rental income or homeowners looking for additional space.
Listed by Vibhor Vineet
·
License #02098451
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Nanda Realty Inc.
·
5624054854
Last updated October 13, 2025
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Source: CRMLS #RS25038516
Listing Facts
TypeMulti-family
NeighborhoodGramercy Park
Days on Prevu294
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$814,900
10/22/2025
Status changed to Removed from Feed
$814,900
10/13/2025
Price Decreased
$814,900
10/04/2025
Status changed to Active
$815,000
10/03/2025
Status changed to Removed from Feed
$815,000
09/20/2025
Status changed to Active
$815,000
09/19/2025
Status changed to Removed from Feed
$815,000
09/18/2025
Status changed to Active
$815,000
09/16/2025
Status changed to Removed from Feed
$815,000
09/16/2025
Status changed to Active
$815,000
09/14/2025
Status changed to Removed from Feed
$815,000
09/13/2025
Status changed to Active
$815,000
09/12/2025
Status changed to Removed from Feed
$815,000
09/12/2025
Status changed to Active
$815,000
09/05/2025
Status changed to Removed from Feed
$815,000
09/04/2025
Status changed to Active
$815,000
09/03/2025
Status changed to Removed from Feed
$815,000
08/31/2025
Status changed to Active
$815,000
08/28/2025
Status changed to Removed from Feed
$815,000
07/15/2025
Price Decreased
$815,000
06/28/2025
Status changed to Active
$839,900
06/27/2025
Status changed to Removed from Feed
$839,900
04/22/2025
Price Increased
$839,900
03/17/2025
Status changed to Active
$839,000
03/16/2025
Status changed to Removed from Feed
$839,000
02/20/2025
Listed by Nanda Realty Inc.
$839,000
Property Details for 8940 S Western Avenue
Association
Amenities
Community Features: Urban
Exterior
Construction
Number Of Units Total: 2
Property Attached: Yes
Roof: Shingle
Stories: 2
Stories Total: 2
Year Built: 2006
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 2,400
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.06
Lot Size Area: 3,000
Lot Size Source: Assessor
Lot Size Square Feet: 3,000
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 8.6
Operating Expense: $13,920.00
Taxes
Parcel Number: 6037026037
Interior
Features
Flooring: Laminate, Tile
Other
Location
Tax Block: 9
Tax Lot: 9
Parking
Parking
Open Parking Spaces: 2
Parking Total: 2
Utilities
Equipment
Heating: Wall Furnace
Has Heating: Yes
Laundry Features: Washer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 8940 S Western Avenue.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 8940 S Western Avenue.
How does 8940 S Western Avenue compare to other multi-family homes in Gramercy Park?
This multi-family home is listed 13% below the average price for multi-family homes in Gramercy Park and has been on the market for 205 more days than the typical home in this area.
8940 S Western Avenue is a -bedroom multi-family home for sale in Los Angeles CA 90047. Available on Prevu for 294 days at $814,900. This includes a recent price decrease of $100. This property is located in Gramercy Park. The median listing price for multi-family homes in this area is $800,000. Property amenities include parking. Browse more multi-family home listings in Los Angeles.
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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.