8906 Reading Ave

Los Angeles, CA 90045
  • $1,399,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 3,542

    SqFt

About the Listing X83386 - X18982

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.

Listing Highlights

Status Active
Days on Site 19
Property Type Multi-Family
MLS ® 26928353
Year Built 1951
Total Square Footage 3,542
Lot/Acreage 0.16
County Los Angeles

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances: Free Standing Gas
  • Air Cond:
  • Heating: Wall Gas
  • Fireplaces:
  • Floor: Engineered Hardwood
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: 2-4 Lots,Curbs
  • Garage Capacity: N/A
  • Parking Spaces: 7
  • Zoning: LAR3
  • Roof: Composition,Shingle
  • Others: Updated/Remodeled
  • Sewer: In Connected and Paid
  • Parking Features: Carport Attached,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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8906 Reading Ave Los Angeles, CA 90045

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Clemens Mandell

| Clemens Mandell | Coldwell Banker Realty

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