8912 Reading, Los Angeles, CA, 90045

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$1,349,000
4 Days On Site

8912 Reading
Los Angeles, CA 90045

For Sale|Apartment|Active
0
Beds
0
Total Baths
3,542
SqFt
$381
/SqFt
1951
Built
County:
Los Angeles
Listed by Ian Petas of Keller Williams Realty ianpetas@gmail.com
8912 Reading8912 Reading8912 Reading
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Monthly Payment (Est.)

$6,155
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Presenting a rare opportunity to acquire a premier residential asset in one of Westside Los Angeles’ most resilient submarkets. Held by the same ownership for over a quarter-century, 8912 Reading Avenue represents a strong addition to any portfolio, combining immediate cash-flow stability with significant medium-term appreciation including development and owner/user potential. This 4-plex features a high-demand mix of spacious 2-bedroom, 1-bathroom floor plans. These units are perfectly scaled to capture the Silicon Beach professional, LMU faculty/student base, and the aerospace workforce. This particular pocket is booming with new developments from institutional grade builders. The property currently grosses almost $90k annually with over 35% rental upside and sits on a generous 6,944 sf lot with 3,542 sf of building per the assessor.

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Listing Snapshot
Price 
$1,349,000
Days On Site 
4 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,542 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1581 Acres
Year Built 
1951
MLS® Number 
SB26068023
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Acres 
0.1581
Garage 
Yes
Garage Spaces 
4
Land Lease 
No
Number Of Stories 
2
Parking 
Assigned
Parking Spaces 
4
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
3542
Water Source 
Public
Interior Features
Laundry Features 
Common Area
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Exterior Features
Pool Features 
None
Community Features
Building Access 
1
Financing Terms Available 
CashConventionalFHA
MLS Area 
C29 - Westchester


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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