8906 Reading Avenue, Los Angeles, CA 90045
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
8906 Reading Avenue,Los Angeles, CA 90045
$1,399,000
- 8 Beds
- - Baths
- 3,542 sq. ft.
- Multi-family
- Active
Listed by: derrick ruiz
Office: exp realty of greater los angeles
MLS#:CL26928353
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$1,399,000
- Price per sq. ft.:$394.97
About this home
Four 2 bedroom 1 bath units in an active Westchester development area. Good cash flow for investor at 13.6 GRM plus monthly expenses are very low. Tenants pay all utilities except for water. Property will not be delivered vacant. Subject to Los Angeles RSO. Four car carport plus uncovered parking spaces for 2 cars. Room to add an ADU. Property went through LAX soundproofing a few years ago with new double pane windows and ventilation. Property in fair condition owned by a contractor who's done upgrades over the years. Sewer line was replaced several years ago. 6,884 SF lot zoned R3-1, with a Medium Residential General Plan land-use designation. ZIMAS identifies the property as a Housing Element Site, within a Tier 3 Transit Oriented Communities (TOC) area, TOIA 2, and within one-half mile of a Major Transit Stop. The property is also identified as being within the Los Angeles Coastal Transportation Corridor Specific Plan. Buyer to cooperate with seller's 1031 exchange. Please call agent for more information. Inside with accepted offer....
Contact an agent
Home facts
- Year built:1951
- Listing ID #:CL26928353
- Added:65 day(s) ago
- Updated:November 06, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:8
- Living area:3,542 sq. ft.
Structure and exterior
- Year built:1951
- Building area:3,542 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Stucco
Utilities
- Water:Public
Finances and disclosures
- Price:$1,399,000
- Price per sq. ft.:$394.97
Parking
- Parking description:Uncovered Parking Space
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