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...

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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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