$1,275,000/mo

8893 Reading Avenue, Los Angeles, CA 90045

2,829 sqft

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1950
7,070sqft lot
4 car garage
$451/sqft
Listed 6 days ago

Property Description

This turnkey asset in Westchester is offered at $318,750 per unit. The 2,829 SF building on a 7,068 SF street-to-alley lot features (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, with a current 5.37% cap rate and 12.66 GRM, with additional upside through ADU development. The interiors are fully upgraded with quartz countertops, shaker cabinets, new flooring, recessed lighting, stainless steel appliances, and an on-site coin-operated laundry room. Additional improvements include upgraded electrical panels, plumbing systems, and tankless water heaters. The property also features (2) detached two-car garages, offering potential ADU conversion (buyer to verify). Zoned LAR3 with TOC Tier 3, the asset presents strong development potential in a rapidly growing Westchester submarket. Tenants enjoy convenient parking and a prime location near LAX, Playa Vista, and Silicon Beach, with easy access to major employment hubs, retail, and transit. 8893 Reading Ave represents a turnkey opportunity with strong returns and future upside in one of Los Angeles’ most sought-after rental markets.

Listing Status:: Active
Date Added:: April 1, 2026
Data Last Updated:: April 2, 2026 at 6:16AM
Listing Office:: Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:: Ryan Versfelt : 310-425-9838
MLS ID:: SB26067928

Laundry: Common AreaLaundry Room
Flooring: Vinyl
A/C: Wall/Window Unit(s)
Heating: Wall Furnace
Fireplace: None
Disability Feature: Parking

General: None
Pool: None
Parking: AssignedParking spaces: 4

Roofing: Asphalt
Windows: Double Pane Windows
General: 2

Road/Access: AlleyCity Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 4125014006
View: None
Fencing: None

Utilities: Electricity ConnectedSewer ConnectedWater ConnectedStandard
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Ryan Versfelt , Lyon Stahl Investment Real Estate, Inc.

Location

Schools Nearby

Westport Heights Elementary School

6011 W 79th St, Los Angeles, CA, 90045

Grades KG-5

0.83 miles away

Wright Middle School - STEAM Magnet

6550 W 80th St, Los Angeles, CA, 90045

Grades 6-8

1.52 miles away

Westchester Enriched Sciences Magnets (WESM)

7400 W Manchester Ave, Los Angeles, CA, 90045

Grades 9-12

2.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.