Homes for sale - 8819 Reading, Los Angeles, CA 90045

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$2,099,000

Est. payment - /mo

7,008 Sqft Lot

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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PV25225113

Construction Status Turnkey

HOA Y/N No

Year Built 1951

Lot Size 7,008 Sqft

Property Sub-Type Apartment

Property Description

A Rare Corner of Promise — Just Beyond the Beaten Path
In a quiet pocket of the city, where the pulse of Los Angeles hums with purpose — near the thrum of SoFi Stadium, the runways of LAX, the innovation of Silicon Beach, and the coastal hush of the South Bay — stands a property built not just of wood and stone, but of opportunity.
This 7-unit building, solid and steadfast, has weathered time with grace and has recently been granted new life: over $400,000 in thoughtful improvements — copper plumbing that sings with water's flow, dual-pane windows that hold back the din of the outside world, and a foundation made firmer than before. A fresh coat of paint now dresses its exterior, while the land around it breathes easier, newly landscaped.
Among its offerings, a brand-new, fully permitted 2-bedroom/1-bath ADU — not merely an accessory, but a home in itself — joins the ranks of four newly remodeled units. Altogether, the property brings in a hearty $182,688 in gross income, with the potential to climb another 37.34%. And with a Tier 3 TOC Density Bonus and a 7,008 sq ft R3 lot, the future whispers promises of more — more units, more income, more value.
Investors, take note: this is not just an address. It is a stake in one of the most stable rental markets in Los Angeles, where tenants come and stay, and the heartbeat of the Westside and South Bay is but minutes away. The seller, seasoned and serious, offers the added grace of a 1031 exchange at no cost to you — a gesture of goodwill in a city that rarely gives anything away.
This is more than a building. It's a long-term haven for the discerning investor, a place where past effort meets future reward.
Don't let it slip past like so many missed chances. Reach out to receive the full offering memorandum — and see for yourself what happens when location, income, and vision align.

Location

State CA

County Los Angeles

Area C29 - Westchester

Interior

Interior Features Ceiling Fan(s), All Bedrooms Down

Heating Wall Furnace

Cooling None

Flooring Vinyl

Fireplaces Type None

Fireplace No

Appliance Microwave, Refrigerator, Dryer, Washer

Exterior

Parking Features Garage Faces Front

Garage Spaces 4.0

Garage Description 4.0

Fence None

Pool None

Community Features Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Asphalt

Accessibility None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Sprinklers In Front, Landscaped, Rectangular Lot, Walkstreet

Story 2

Sewer Public Sewer

Water Public

Architectural Style Contemporary

New Construction No

Construction Status Turnkey

Others

Senior Community No

Tax ID 4125014002

Acceptable Financing Cash, Conventional, Contract

Listing Terms Cash, Conventional, Contract

Special Listing Condition Standard

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Listed by Frank Ponce Coldwell Banker Realty 310-503-4158

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