8819 Reading Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90045
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,616 sqft
Price per Sqft $454
MLS Listing ID PV-25225113
Style Contemporary
Year Built 1951
Lot Size 7,008 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
A Rare Corner of Promise — Just Beyond the Beaten Path
In a quiet pocket of the city, where the pulse of Los Angeles hums with purpose — near the thrum of SoFi Stadium, the runways of LAX, the innovation of Silicon Beach, and the coastal hush of the South Bay — stands a property built not just of wood and stone, but of opportunity.
This 7-unit building, solid and steadfast, has weathered time with grace and has recently been granted new life: over $400,000 in thoughtful improvements — copper plumbing that sings with water's flow, dual-pane windows that hold back the din of the outside world, and a foundation made firmer than before. A fresh coat of paint now dresses its exterior, while the land around it breathes easier, newly landscaped.
Among its offerings, a brand-new, fully permitted 2-bedroom/1-bath ADU — not merely an accessory, but a home in itself — joins the ranks of four newly remodeled units. Altogether, the property brings in a hearty $182,688 in gross income, with the potential to climb another 37.34%. And with a Tier 3 TOC Density Bonus and a 7,008 sq ft R3 lot, the future whispers promises of more — more units, more income, more value.
Investors, take note: this is not just an address. It is a stake in one of the most stable rental markets in Los Angeles, where tenants come and stay, and the heartbeat of the Westside and South Bay is but minutes away. The seller, seasoned and serious, offers the added grace of a 1031 exchange at no cost to you — a gesture of goodwill in a city that rarely gives anything away.
This is more than a building. It's a long-term haven for the discerning investor, a place where past effort meets future reward.
Don't let it slip past like so many missed chances. Reach out to receive the full offering memorandum — and see for yourself what happens when location, income, and vision align.
Location
State CA
County Los Angeles
Area C29 - Westchester
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Vinyl
Fireplaces Type None
Laundry Dryer Included,Washer Included
Exterior
Parking Features Garage Faces Front
Garage Spaces 4.0
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected,Water Connected,Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected
View Y/N No
View None
Building
Lot Description Landscaped,Rectangular Lot,Sprinklers In Front,Walkstreet,0-1 Unit/Acre
Sewer Public Sewer