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.
For sale
$1,399,000
8906 Reading Ave, Los Angeles, CA 90045
8beds
4baths
3,542sqft
Multi Family
Built in 1951
-- sqft lot
$1,368,300 Zestimate®
$395/sqft
$-- HOA
What's special
- 3 days
- 156
- 11
Zillow last checked:
Listing updated:
Listed by:
Derrick Ruiz DRE # 00919713 310-308-3174,
eXp Realty of Greater Los Angeles 888-652-1314
Source: CLAW,MLS#: 26928353
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Gas
Cooling
- None
Appliances
- Included: Free Standing Gas, Refrigerator, Range/Oven, Gas Water Heater
Features
- Flooring: Engineered Hardwood
- Windows: Double Pane Windows
Interior area
- Total structure area: 3,542
- Total interior livable area: 3,542 sqft
Property
Parking
- Total spaces: 7
- Parking features: Attached Carport, Open
- Has carport: Yes
- Covered spaces: 4
- Uncovered spaces: 3
Features
- Levels: Multi/Split
- Stories: 2
- Patio & porch: None
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: None
- Waterfront features: None
Lot
- Size: 6,882 Square Feet
- Features: 2-4 Lots, Curbs
Details
- Additional structures: None
- Parcel number: 4125017006
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Mid-Century
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Raised
- Roof: Composition,Shingle
Condition
- Updated/Remodeled
- Year built: 1951
Utilities & green energy
- Sewer: In Connected and Paid
- Water: District
Community & HOA
Community
- Security: None
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $395/sqft
- Tax assessed value: $401,417
- Date on market: 9/1/2026
- Tenant pays: Electricity, Gas, Trash Collection
Estimated market value
$1,368,300
$1.30M - $1.44M
$2,388/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Listed for sale | $1,399,000+485.4%$395/sqft |
Source:  CLAW #26928353 Report a problem | ||
| 1/6/1995 | Sold | $239,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $409,444 +2% |
| 2025 | $5,338 +1.9% | $401,417 +2% |
| 2024 | $5,241 +1.7% | $393,547 +2% |
| 2023 | $5,151 +4.5% | $385,832 +2% |
| 2022 | $4,929 +1.7% | $378,268 +2% |
| 2021 | $4,849 -0.9% | $370,852 +1% |
| 2020 | $4,891 | $367,050 +2% |
| 2019 | $4,891 +6.3% | $359,854 +2% |
| 2018 | $4,602 | $352,799 +2% |
| 2017 | $4,602 +2.1% | $345,883 +2% |
| 2016 | $4,509 +3.2% | $339,102 +1.5% |
| 2015 | $4,371 +0.4% | $334,010 +2% |
| 2014 | $4,353 | $327,468 +2.5% |
| 2012 | -- | $319,598 +2% |
| 2011 | -- | $313,333 +0.8% |
| 2010 | -- | $310,992 -0.2% |
| 2009 | -- | $311,731 +2% |
| 2008 | -- | $305,619 +2% |
| 2007 | -- | $299,628 +2% |
| 2006 | -- | $293,754 |
| 2005 | -- | $293,754 +4% |
| 2004 | -- | $282,349 +1.9% |
| 2003 | -- | $277,175 +2% |
| 2002 | -- | $271,742 +4% |
| 2000 | -- | $261,192 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Westchester
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