RARE OPPURTUNITY!! Developers Dream in an area of massive resurgence. Mid block two unit building with a 7000 sq ft lot with alley access and is a "TOC" transit area community. This is a well maintained property currently getting close to market rents. There is a HUGE opportunity for this property when combined with the next door (Southern) property of the same size. Look at the listing as well and lets talk about what the plan is for you.
Pending
$1,400,000
8811 Reading Ave, Los Angeles, CA 90045
4beds
2baths
1,560sqft
Multi Family
Built in 1950
-- sqft lot
$1,377,600 Zestimate®
$897/sqft
$-- HOA
What's special
- 167 days |
- 10 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Joshua Keiser DRE # 01516744 805-500-5711,
Berkshire Hathaway HomeServices California Properties 858-792-6085
Source: CLAW,MLS#: 26646099
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Natural Gas, Wall
Cooling
- None
Appliances
- Included: Gas Cooktop, Gas Oven, Microwave, Gas Water Heater
- Laundry: In Unit, Gas Dryer Hookup, Gas Or Electric Dryer Hookup
Features
- Flooring: Hardwood
- Windows: Screens
- Has fireplace: Yes
- Fireplace features: Bath, Kitchen
- Common walls with other units/homes: Common Walls
Interior area
- Total structure area: 1,560
- Total interior livable area: 1,560 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Is Detached, Garage - 2 Car
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Ground Level w/steps
- Patio & porch: Rock/Stone
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 7,008 Square Feet
- Features: Back Yard, Front Yard, Gutters, Rectangular Lot, Lot-Level/Flat, Lawn, Street Lighting, City Lot
Details
- Additional structures: None
- Parcel number: 4125015010
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Hard Coat
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Year built: 1950
Utilities & green energy
- Electric: 220 Volts
- Sewer: In Street
- Water: Mutual Water Source
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s), Carbon Monoxide Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $897/sqft
- Tax assessed value: $572,602
- Annual tax amount: $7,125
- Date on market: 2/2/2026
- Total actual rent: 50304
- Tenant pays: Gas, Electricity, Trash Collection
- Road surface type: Alley Paved
Estimated market value
$1,377,600
$1.31M - $1.45M
$3,492/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Pending sale | $1,400,000$897/sqft |
Source:  CLAW #26646099 Report a problem | ||
| 2/2/2026 | Listed for sale | $1,400,000+201.1%$897/sqft |
Source: CLAW #26646099 Report a problem | ||
| 2/26/2013 | Sold | $465,000$298/sqft |
Source:  CLAW #12633281 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,125 +1.4% | $572,602 +2% |
| 2024 | $7,027 +1.9% | $561,376 +2% |
| 2023 | $6,897 +4.8% | $550,370 +2% |
| 2022 | $6,584 +1.3% | $539,579 +2% |
| 2021 | $6,497 -1% | $529,000 +1% |
| 2020 | $6,561 | $523,577 +2% |
| 2019 | $6,561 +5.7% | $513,312 +2% |
| 2018 | $6,208 | $503,248 +2% |
| 2017 | $6,208 +2.2% | $493,381 +2% |
| 2016 | $6,075 +2.4% | $483,708 +1.5% |
| 2015 | $5,931 +0.9% | $476,443 +2% |
| 2014 | $5,877 | $467,111 +83.8% |
| 2012 | -- | $254,073 +2% |
| 2011 | -- | $249,092 +0.8% |
| 2010 | -- | $247,232 -0.2% |
| 2009 | -- | $247,820 +2% |
| 2008 | -- | $242,962 +2% |
| 2007 | -- | $238,199 +2% |
| 2006 | -- | $233,529 |
| 2005 | -- | $233,529 +4% |
| 2004 | -- | $224,462 +1.9% |
| 2003 | -- | $220,349 +2% |
| 2002 | -- | $216,029 +4% |
| 2000 | -- | $207,642 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Westchester
Nearby schools
GreatSchools rating
- 5/10Westport Heights Elementary SchoolGrades: K-5Distance: 0.7 mi
- 2/10Orville Wright Engineering And Design MagnetGrades: 6-8Distance: 1.5 mi
- 5/10Westchester Enriched Sciences Magnet Health/Sports MedicineGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- District: Los Angeles Unified
Source: CLAW. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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