$1,399,000

8906 Reading Avenue, Los Angeles, CA 90045

  • 8 beds
  • 3,542 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1951
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $395/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

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 Status:
Active
Date Added:
September 1, 2026
Data Last Updated:
September 22, 2026 at 9:06PM
Listing Office:
eXp Realty of Greater Los Angeles : 888-652-1314
Listing Agent:
Derrick Ruiz : 424-240-9319
MLS ID:
CL26928353
  • A/C: No Air Conditioning
  • Parking: OtherUncovered Parking SpaceParking spaces: 7
  • General: Stucco
  • County: Los Angeles
  • Zoning: LAR34125017006
  • View: None
  • Water: OtherPublic

This listing courtesy of Derrick Ruiz , eXp Realty of Greater Los Angeles

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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