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$1,399,000

FOR SALE
Active

8906 Reading Avenue

Los Angeles, CA

MLS# 26928353

3,542 Sq Ft8bd • 4ba
66 days on marketNalren refreshed

Listing Agent

Derrick Ruiz

Listing Agent

eXp Realty of Greater Los Angeles

DRE #: 00919713

(888) 652-1314

Brokerage: eXp Realty of Greater Los Angeles

Property Details

8

Bedrooms

4

Bathrooms

3,542 sqft

Square Feet

1951

Year Built

6,884 sqft

Lot Size

$395

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

N/A

Property Type

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.

Facts & Features

Interior

Appliances
Refrigerator
Window Features
Double Pane Windows

Exterior

Private Pool
No
Roof
Composition, Shingle
Patio And Porch Features
None

Building

Year Built
1951
Living Area
3,542 sqft
Architectural Style
Mid Century Modern
Building Area Total
3,542
Levels
Multi Split
Property Condition
Updated Remodeled
Stories Total
2

Utilities

Cooling
None
Sewer
Sewer Tap Paid
Water Source
Public

Parking

Parking Features
Attached Carport, Uncovered
Parking Total
7

Community / HOA

HOA
No

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