CA > Los Angeles
Los Angeles, CA 90045,8819 Reading
Los Angeles, CA 90045,8819 Reading
Los Angeles, CA 90045,8819 Reading
30
See all 30 photos
$2,149,000
Est. payment /mo
Save
5 Beds
7,008 Sqft Lot
Active

8819 Reading Los Angeles, CA 90045

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
5
Oct
Mon
6
Oct
Tue
7
Oct
Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PV25225113

Bedrooms 5

Lot Size 7,008 Sqft

Property Sub-Type Res Income 2-4 Units

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 waters 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. Its a long-term haven for the

Location

State CA

County Los Angeles

Zoning Assessor

Direction From 405, exit west on Manchester, left on Ramsgate, to Reading

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 4125014002

MLS Router / San Diego MLS
Listed by Frank Ponce Coldwell Banker Realty

GET MORE INFORMATION

Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Hunter & Maddox International Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

8819 Reading

QUICK SEARCH
There are 24 quick searches