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Off market
  • $1,365,400

    8939 Reading Ave, Los Angeles, CA 90045

    5beds
    4baths
    2,829sqft
    MultiFamily
    Built in 1950
    -- sqft lot
    $1,365,400 Zestimate®
    $483/sqft
    $3,732 Estimated rent

    Home value

    $1,365,400

    $1.23M - $1.52M

    $3,732/mo

    Zestimate® history
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    Owner options

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    $3,732/mo

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    $3,732/mo

    Rent Zestimate®

    Refinance and save

    $8,583/mo

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    $8,583/mo

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    What's special

    Attention Investors, Builders, Developers: Well maintained mid-century 4-plex located in highly desirable westside community of Westchester. Sitting on spacious 7,005 sq ft lot & Zoned R3, this building is only minutes from LAX, the Howard Hughes shopping & entertainment hub, Silicon Beach tech offices in Playa Vista & El Segundo, & the new NFL stadium. Great upside potential in the large lot/land, the structure is currently 2,829 sq ft with 2 2-car detached garages (1 single garage rented, others delivered vacant). Copper plumbing, newer roof, tile & hardwood (under carpet) floors, dual-pane soundproof windows, some upgraded kitchens, central patio. Drive by only, all units tenant occupied. Buyer to be responsible for tenants. Property value is in land. Potential to re-build and grow property with additional units. Incredible rental or sale potential after rebuild of new apartments or town homes with great proximity to tech hub jobs, nightlife, restaurants.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Gas
    Cooling
    • None
    Appliances
    • Laundry: Other
    Interior area
    • Total interior livable area: 2,829 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Detached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 7,004 sqft
    Details
    • Parcel number: 4125014012

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Composition
    Condition
    • Year built: 1950

    Community & neighborhood

    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • ListingStatus: Active
    • PropertyType: Residential Income
    • Roof: Composition, Shingle
    • SourceLotSizeArea: Assessor
    • Equipment: Other
    • ParkingGarage: Garage - 1 Car, Garage - 2 Car, Detached
    • SourceLivingArea: Assessor
    • Heating: Wall Gas
    • ExteriorConstruction: Stucco
    • Water: In Street, Public
    • Laundry: Other
    • Windows: Double Pane Windows
    • PoolDescription: Other
    • ListingArea: Westchester
    • Style: Low Rise
    • UnitTypeType: 2106, 2107, 2108, 2109

    Price history

    DateEventPrice
    9/9/2021Sold$1,257,000-0.9%$444/sqft
    Source: Public Record Report a problem
    12/1/2020Listing removed$1,269,000$449/sqft
    Source: Coldwell Banker Realty #20577778 Report a problem
    10/15/2020Price change$1,269,000-0.8%$449/sqft
    Source: Coldwell Banker Realty #20577778 Report a problem
    8/13/2020Price change$1,279,000-1.5%$452/sqft
    Source: Coldwell Banker Realty #20577778 Report a problem
    6/28/2020Price change$1,299,000-1.5%$459/sqft
    Source: Coldwell Banker Realty #20577778 Report a problem
    5/13/2020Listed for sale$1,319,000+412.2%$466/sqft
    Source: Coldwell Banker Realty #20577778 Report a problem
    8/7/1998Sold$257,500$91/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,380 +1.4%$1,336,000 +2.2%
    2024$16,148 +1.9%$1,307,782 +2%
    2023$15,841 +4.8%$1,282,140 +2%
    2022$15,111 +118.9%$1,257,000 +128.5%
    2021$6,902 -0.9%$550,175 +1%
    2020$6,968 $544,534 +2%
    2019$6,968 +5.6%$533,857 +2%
    2018$6,601 $523,390 +2%
    2017$6,601 +2.1%$513,128 +2%
    2016$6,463 +2.7%$503,067 +1.5%
    2015$6,295 +0.7%$495,511 +2%
    2014$6,252 $485,805 +2.5%
    2012-- $474,129 +2%
    2011-- $464,833 +12%
    2010-- $415,203 -0.2%
    2009-- $416,191 +2%
    2008-- $408,031 +2%
    2007-- $400,032 +2%
    2006-- $392,189
    2005-- $392,189 +4%
    2004-- $376,962 +35.2%
    2003-- $278,724 +2%
    2002-- $273,260 +4%
    2000-- $262,650

    Find assessor info on the county website

    Neighborhood: Westchester

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,365,400
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,365,400