8906 Reading Avenue

Property Overview

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.

Home Details

Property type: Residential Income
Year built: 1951
Living area: 3,542 sq ft
Lot size: 6,884 sq ft
Parking: 7 spaces
Stories: 2
Days on market: 8
MLS status: Active
Architectural style: MidCenturyModern
Zoning: LAR3

Features & Amenities

Appliances

Refrigerator

Parking

Attached Carport
Uncovered

Pool

None

Community, Schools & Utilities

Community

View: None

Utilities

Cooling: None
Water: Public
Sewer: SewerTapPaid

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Location & Neighborhood

Los Angeles, CA 90045

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Frequently Asked Questions About 8906 Reading Avenue

Property type: Residential Income

The current asking price is $1,399,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 8906 Reading Avenue. Our team will confirm availability and timing.

This 8 bedrooms and 4 bathrooms property offers approximately 3,542 square feet of living space. It was built in 1951. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 8 days. Status can change, so verify availability before relying on it.