9050 Reading Avenue, Los Angeles, CA 90045

About this property

We are thrilled to present an exciting investment proposition in the desirable Westchester neighborhood. This fourplex, with three one-bedroom one units and one two-bedroom one bath unit, three of which are delivered vacant, offers a substantial value-add opportunity for investors and owner-users. The potential to add ADUs, subject to state and local laws, make this property a compelling prospect. The Westchester location, with its average household income exceeding $100,000, reflects the area's economic strength and high rental demand. The property's proximity to significant employers, recreational venues, and educational institutions further enhances its attractiveness to potential tenants.

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

Sale history

$1,330,000

Sold August 2023 · listed $1,325,000, orig. $4,550,000, on market April 2023 · MLS #23260463 · Source: CRMLS

Listing Agent: Benjamin J. Hsiang · Listing Office: Realty Investment Advisors, Inc. · Contact: 424-377-6001 · Bought with: Dionne Jackson · Realty ONE Group United

$500,000

Sold February 2014 · listed $546,000, on market October 2013 · MLS #13715585 · Source: CRMLS

Listing Agent: Gene Armstrong · Listing Office: Coldwell Banker Gene Armstrong · Contact: 310-330-4688 · Bought with: Gene Armstrong · Coldwell Banker Gene Armstrong

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