8906 Reading Avenue, Los Angeles, CA, 90045

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$1,399,000
18 Days On Site

8906 Reading Avenue
Los Angeles, CA 90045

For Sale|Residential Income|Active
8
Beds
4
Total Baths
3,542
SqFt
$395
/SqFt
1951
Built
County:
Los Angeles
Listed by Derrick Ruiz of eXp Realty of Greater Los Angeles derrick.ruiz@eXpRealty.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
8906 Reading Avenue8906 Reading Avenue8906 Reading Avenue8906 Reading Avenue
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Monthly Payment (Est.)

$6,383
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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.

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Listing Snapshot
Price 
$1,399,000
Days On Site 
18 Days
Bedrooms 
8
Inside Area (SqFt) 
3,542 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.158 Acres
Year Built 
1951
MLS® Number 
26928353
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.158
Attached Garage 
Yes
Direction Faces 
West
Disclosures 
RentControl
Foundation 
Raised
Levels 
Multi/Split
Number Of Stories 
2
Parking 
AttachedAttached Carport
Parking Spaces 
7
Property Condition 
Updated/Remodeled
Special Circumstances 
Standard
SqFt Total 
3542
Style 
MidCenturyModern
Water Source 
Public
Zoning 
LAR3
Interior Features
Appliances 
Refrigerator
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Stucco
Patio And Porch 
None
Pool Features 
None
Roof 
CompositionShingle
Spa Features 
None
View 
None
Waterview 
None
Windows/Doors 
Double Pane Windows
Community Features
MLS Area 
C29 - Westchester
Financing Terms Available 
Cash


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
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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