8912 Reading, Los Angeles, CA 90045
8912 Reading, Los Angeles, CA 90045
8912 Reading, Los Angeles, CA 90045
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,349,000
Est. payment /mo
6,886 Sqft Lot
Save

UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26068023

HOA Y/N No

Year Built 1951

Lot Size 6,886 Sqft

Property Sub-Type Apartment

Property Description

Back on the market, buyer failed to perform! - 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.

Location

State CA

County Los Angeles

Area C29 - Westchester

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Urban

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4125017005

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Ian Petas Keller Williams Realty 310-866-5555, DRE #01445698

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More