Great opportunity to purchase a well-maintained new construction (less than 10 years) property in Westchester, the building is exempt from AB 1482 and LARSO.
Huge upside potential in rents and strong unit mix with the majority being 2x2 and 2x1. The site has secured access with subterranean parking for 20 stalls.
Please contact for an Offering Memorandum.
Price reduced, seller financing available, please call for details.
Sold for $4,275,000
Listed by: CK Capital Commercial Real Estate • Caleb Khan • Contact: 310-363-2255
Bought with: Keller Williams Realty Calabasas
$4,275,000
8732 Reading Ave, Los Angeles, CA 90045
18beds
17baths
14,668sqft
Multi Family
Built in 2014
-- sqft lot
$-- Zestimate®
$291/sqft
$5,164 Estimated rent
Home value
Not available
Estimated sales range
Not available
$5,164/mo
Zestimate® history
Owner options
List your home for rent
$5,164/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$5,164/mo
Rent Zestimate®
Refinance and save
$27,423/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$27,423/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Caleb Khan DRE #01332934 310-363-2255,
CK Capital Commercial Real Estate
Bought with:
Jared Levine, DRE #01804008
Keller Williams Realty Calabasas
Source: CRMLS,MLS#: SB23195161
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 17
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Has fireplace: Yes
- Fireplace features: Bath, Primary Bedroom
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 14,668
- Total interior livable area: 14,668 sqft
Property
Parking
- Total spaces: 20
- Parking features: Assigned
- Garage spaces: 1
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Front of building
- Pool features: None
Lot
- Size: 0.26 Acres
- Features: 11-15 Units/Acre
Details
- Parcel number: 4125016012
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: Yes
- Year built: 2014
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Biking, Storm Drain(s), Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $291/sqft
- Tax assessed value: $5,891,850
- Annual tax amount: $72,020
- Date on market: 10/19/2023
- Cumulative days on market: 18 days
- Listing terms: Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Listing removed | $2,695 |
Source: Zillow Rentals Report a problem | ||
| 5/28/2026 | Listed for rent | $2,695+17.2% |
Source: Zillow Rentals Report a problem | ||
| 12/22/2023 | Sold | $4,275,000-14.4%$291/sqft |
Source:  CRMLS #SB23195161 Report a problem | ||
| 10/31/2023 | Price change | $4,995,000-16.7%$341/sqft |
Source: CRMLS #SB23195161 Report a problem | ||
| 10/19/2023 | Listed for sale | $5,999,999-15.5%$409/sqft |
Source: CRMLS #SB23195161 Report a problem | ||
| 5/2/2023 | Listing removed | -- |
Source:  CLAW #22-215141 Report a problem | ||
| 12/6/2022 | Price change | $7,099,999-4.1%$484/sqft |
Source: CLAW #22-215141 Report a problem | ||
| 12/3/2022 | Price change | $7,400,000-5.1%$504/sqft |
Source: CLAW #22-215141 Report a problem | ||
| 11/3/2022 | Listed for sale | $7,799,000+3366.2%$532/sqft |
Source: CLAW #22-215141 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/26/2019 | Listing removed | $2,300 |
Source: Owner Report a problem | ||
| 7/26/2019 | Price change | $2,300-8% |
Source: Owner Report a problem | ||
| 7/24/2019 | Listed for rent | $2,500+8.7% |
Source: Owner Report a problem | ||
| 2/12/2019 | Listing removed | $2,300 |
Source: Owner Report a problem | ||
| 2/6/2019 | Listed for rent | $2,300+17.9% |
Source: Owner Report a problem | ||
| 1/29/2015 | Listing removed | $1,950 |
Source: Owner Report a problem | ||
| 12/29/2014 | Listed for rent | $1,950 |
Source: Owner Report a problem | ||
| 1/31/2001 | Sold | $225,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $72,020 +1.3% | $5,891,850 +2% |
| 2024 | $71,124 +132.5% | $5,776,330 +140.9% |
| 2023 | $30,595 +4.7% | $2,398,271 +2% |
| 2022 | $29,219 +1.5% | $2,351,254 +2% |
| 2021 | $28,791 -0.9% | $2,305,158 +1% |
| 2020 | $29,067 | $2,281,526 +2% |
| 2019 | $29,067 +6.2% | $2,236,798 +311.7% |
| 2018 | $27,378 -39.5% | $543,268 +2.1% |
| 2017 | $45,245 +573.5% | $532,293 +2% |
| 2016 | $6,718 +2.6% | $521,857 +1.5% |
| 2015 | $6,546 +34.9% | $514,019 +39.4% |
| 2014 | $4,853 | $368,754 +2.5% |
| 2012 | -- | $359,892 +2% |
| 2011 | -- | $352,836 +0.8% |
| 2010 | -- | $350,200 -0.2% |
| 2009 | -- | $351,033 +2% |
| 2008 | -- | $344,151 +2% |
| 2007 | -- | $337,404 +2% |
| 2006 | -- | $330,789 |
| 2005 | -- | $330,789 +4% |
| 2004 | -- | $317,946 +1.9% |
| 2003 | -- | $312,120 +2% |
| 2002 | -- | $306,000 +264.8% |
| 2000 | -- | $83,878 |
Find assessor info on the county website
Neighborhood: Westchester
Nearby homes
- $--2 bd2 ba950 sqft8732 Reading Ave APT B, Los Angeles, CA 90045Off Market
- $--2 bd2 ba1.1k sqft8732 Reading Ave APT F, Los Angeles, CA 90045Off Market
- $--2 bd2 ba1.3k sqft8732 Reading Ave #M, Los Angeles, CA 90045Off Market
- $---- bd1 ba650 sqft8732 Reading Ave APT H, Los Angeles, CA 90045Off Market
- $--2 bd1 ba1k sqft8732 Reading Ave #3, Los Angeles, CA 90045Off Market
- $--2 bd2 ba900 sqft8732 Reading Ave #L, Los Angeles, CA 90045Off Market
- $--2 bd2 ba-- sqft8732 Reading Ave #2, Los Angeles, CA 90045Off Market
- $--2 bd2 ba900 sqft8732 Reading Ave #N, Los Angeles, CA 90045Off Market
Nearby schools
GreatSchools rating
- 5/10Westport Heights Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Orville Wright Engineering And Design MagnetGrades: 6-8Distance: 1.4 mi
- 5/10Westchester Enriched Sciences Magnet Health/Sports MedicineGrades: 9-12Distance: 2.7 mi
- California
- Los Angeles County
- Los Angeles
- 90045
- Westchester
- 8732 Reading Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Los Angeles Topics
