9025 Reading Avenue, Los Angeles, CA 90045

About this property

JUST REDUCED BY $150,000! | Located in the Highly Desirable Westchester Submarket of Los Angeles | Tremendous Value-Add Potential - Approximately 60% in Rental Upside | 6.78 % Pro-Forma Cap Rate & 11.21 Pro-Forma GRM | Close Proximity to Playa Del Rey, Playa Vista, LAX Airport, Silicon Beach & Inglewood | Approximately 2.5 Miles to Loyola Marymount University, Otis College of Art and Design & SoFi Stadium | Located Near Offices of YouTube, Facebook, Microsoft, IMAX Headquarters, Fox Sports & the Promenade at Howard Hughes Center | Highly Attractive Unit Mix of (Two) 2-Bed/2-Bath Units, (One) 2-Bed/1-Bath Unit & (One) 1- Bed/1-Bath Unit | Gated Common Area, On-Site Laundry Facility & Total of 4 Garage Spaces | Large 7,006-Square Foot Lot | Qualifies for Residential Financing

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$1,187,000

Sold October 2023 · listed $1,325,000, orig. $1,575,000, on market February 2023 · MLS #23241871 · Source: CRMLS

Listing Agent: David Messiah · Listing Office: Shield CRE, Inc. · Contact: 310-593-9869 · Bought with: Subscriber Non · Non-Participant Office

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