8819 Reading, Los Angeles, CA 90045
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
8819 Reading,Los Angeles, CA 90045
$2,149,000
- - Beds
- - Baths
- 4,616 sq. ft.
- Multi-family
- Active
Listed by:frank ponce
Office:coldwell banker realty
MLS#:PV25225113
Source:CRMLS
Price summary
- Price:$2,149,000
- Price per sq. ft.:$465.55
About this home
A Rare Corner of Promise — Just Beyond the Beaten Path
In a quiet pocket of the city, where the pulse of Los Angeles hums with purpose — near the thrum of SoFi Stadium, the runways of LAX, the innovation of Silicon Beach, and the coastal hush of the South Bay — stands a property built not just of wood and stone, but of opportunity.
This 7-unit building, solid and steadfast, has weathered time with grace and has recently been granted new life: over $400,000 in thoughtful improvements — copper plumbing that sings with water’s flow, dual-pane windows that hold back the din of the outside world, and a foundation made firmer than before. A fresh coat of paint now dresses its exterior, while the land around it breathes easier, newly landscaped.
Among its offerings, a brand-new, fully permitted 2-bedroom/1-bath ADU — not merely an accessory, but a home in itself — joins the ranks of four newly remodeled units. Altogether, the property brings in a hearty $182,688 in gross income, with the potential to climb another 37.34%. And with a Tier 3 TOC Density Bonus and a 7,008 sq ft R3 lot, the future whispers promises of more — more units, more income, more value.
Investors, take note: this is not just an address. It is a stake in one of the most stable rental markets in Los Angeles, where tenants come and stay, and the heartbeat of the Westside and South Bay is but minutes away. The seller, seasoned and serious, offers the added grace of a 1031 exchange at no cost to you — a gesture of goodwill in a city that rarely gives anything away.
This is more than a building. It’s a long-term haven for the discerning investor, a place where past effort meets future reward.
Don’t let it slip past like so many missed chances. Reach out to receive the full offering memorandum — and see for yourself what happens when location, income, and vision align.
Contact an agent
Home facts
- Year built:1951
- Listing ID #:PV25225113
- Added:1 day(s) ago
- Updated:September 25, 2025 at 01:31 PM
Rooms and interior
- Living area:4,616 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Roof:Asphalt
- Year built:1951
- Building area:4,616 sq. ft.
- Lot area:0.16 Acres
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$2,149,000
- Price per sq. ft.:$465.55
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