8906 Reading Avenue, Los Angeles, CA 90045

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
8906 Reading Avenue,Los Angeles, CA 90045
$1,399,000
  • 8 Beds
  • 4 Baths
  • 3,542 sq. ft.
  • Multi-family
  • Active
Listed by: derrick ruiz
Office: exp realty of greater los angeles888-652-1314
MLS#:26928353
Source:CRMLS

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...

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Home facts

  • Year built:1951
  • Listing ID #:26928353
  • Added:24 day(s) ago
  • Updated:September 26, 2026 at 10:50 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Kitchen Description:Refrigerator
  • Living area:3,542 sq. ft.

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1951
  • Building area:3,542 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Mid Century Modern
  • Construction Materials:Stucco
  • Foundation Description:Raised

Utilities

  • Water:Public
  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$1,399,000
  • Price per sq. ft.:$394.97

Parking

  • Total parking spaces:7
  • Parking description:Attached Carport, Uncovered
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