8893 Reading Avenue, Los Angeles, CA 90045
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
8893 Reading Avenue,Los Angeles, CA 90045
$1,275,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: ryan versfelt, david messiah
Office: lyon stahl investment real estate, inc.
MLS#:SB26067928
Source:CRMLS
Price summary
- Price:$1,275,000
About this home
This turnkey asset in Westchester is offered at $318,750 per unit. The 2,829 SF building on a 7,068 SF street-to-alley lot features (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, with a current 5.37% cap rate and 12.66 GRM, with additional upside through ADU development.
The interiors are fully upgraded with quartz countertops, shaker cabinets, new flooring, recessed lighting, stainless steel appliances, and an on-site coin-operated laundry room. Additional improvements include upgraded electrical panels, plumbing systems, and tankless water heaters.
The property also features (2) detached two-car garages, offering potential ADU conversion (buyer to verify). Zoned LAR3 with TOC Tier 3, the asset presents strong development potential in a rapidly growing Westchester submarket.
Tenants enjoy convenient parking and a prime location near LAX, Playa Vista, and Silicon Beach, with easy access to major employment hubs, retail, and transit. 8893 Reading Ave represents a turnkey opportunity with strong returns and future upside in one of Los Angeles’ most sought-after rental markets....
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Home facts
- Year built:1950
- Listing ID #:SB26067928
- Added:1 day(s) ago
- Updated:March 31, 2026 at 08:29 PM
Rooms and interior
- Flooring:Vinyl
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Roof:Asphalt
- Year built:1950
- Levels:2 Story
Utilities
- Water:Public, Water Connected
- Sewer:Public Sewer, Sewer Connected
Finances and disclosures
- Price:$1,275,000
Parking
- Total parking spaces:4
- Parking description:Assigned
- Garage:Yes
- Garage spaces:4
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