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Sold for $1,175,000
  • $1,175,000

    9038 Reading Ave, Los Angeles, CA 90045

    4beds
    3baths
    2,364sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $2,283,300 Zestimate®
    $497/sqft
    $3,973 Estimated rent

    Home value

    $2,283,300

    $2.12M - $2.44M

    $3,973/mo

    Zestimate® history
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    What's special

    New floorsNew bathroomNew cabinetsNew kitchenNew closet doorsNew faux wood blindsNew ceiling fans
    We are pleased to present an exceptional investment opportunity in the heart of Westchester. This triplex, featuring two one-bedroom, one-bath units and one two-bedroom, one-bath unit, offering immediate rental income for investors and owner-users. Notably, one of the one-bedroom units, currently vacant, has been completely renovated with a new kitchen and fixtures, new bathroom and fixtures, new cabinets, new sink, new floors, new ceiling fans, new closet doors, new faux wood blinds, and new lighting throughout. Additionally, the property offers three single-car garages, all located in a separate structure, which is ripe for an ADU conversion, subject to state and local laws. The property is also available with the adjacent property at 9030 Reading, which can be sold individually or together as a development opportunity. The prime location, close to major employers, beaches, new stadium, and vibrant commercial hubs, combines convenience and lifestyle, making it an attractive option for a wide range of potential tenants. Offers subject to inspection.

    Zillow last checked:

    Listing updated:

    Listed by:

    Don Favia DRE # 01841258 424-377-6002,

    Realty Investment Advisors, Inc.,

    Benjamin J. Hsiang DRE # 01438644 424-377-6001,

    Realty Investment Advisors, Inc.

    Bought with:

    Thomas Beadel, DRE # 01363751

    HVN Development, Inc

    Source: CLAW,MLS#: 24-412899MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Wall
    Cooling
    • Air Conditioning
    Interior area
    • Total structure area: 2,364
    • Total interior livable area: 2,364 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    • Garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 6,821 Square Feet
    • Features: 2-4 Lots
    Details
    • Additional structures: None
    • Parcel number: 4125011023
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1950

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $497/sqft
    • Tax assessed value: $1,198,500
    • Annual tax amount: $28,364
    • Date on market: 12/10/2025

    Price history

    DateEventPrice
    11/1/2024Sold$1,175,000-2.1%$497/sqft
    Source: CLAW #24-412899 Report a problem
    8/13/2024Contingent$1,200,000$508/sqft
    Source: CLAW #24-412899 Report a problem
    7/9/2024Listed for sale$1,200,000+4.3%$508/sqft
    Source: CLAW #24-412899 Report a problem
    3/21/2024Listing removed--
    Source: CLAW #24-357601 Report a problem
    2/16/2024Listed for sale$1,150,000-8%$486/sqft
    Source: CLAW #24-357601 Report a problem
    11/1/2023Listing removed--
    Source: CLAW #23-296099 Report a problem
    8/1/2023Listed for sale$1,250,000+6.4%$529/sqft
    Source: CLAW #23-296099 Report a problem
    1/6/2022Sold$1,175,000-2.1%$497/sqft
    Source: Public Record Report a problem
    9/29/2021Pending sale$1,199,950$508/sqft
    Source: CRMLS #SR20263776 Report a problem
    7/28/2021Listed for sale$1,199,950$508/sqft
    Source: CRMLS #SR20263776 Report a problem
    7/18/2021Pending sale$1,199,950$508/sqft
    Source: CRMLS #SR20263776 Report a problem
    6/25/2021Contingent$1,199,950$508/sqft
    Source: CRMLS #SR20263776 Report a problem
    5/25/2021Listed for sale$1,199,950$508/sqft
    Source: CRMLS #SR20263776 Report a problem
    1/28/2021Listing removed$1,199,950$508/sqft
    Source: CRISNet / SRAR #SR20263776 Report a problem
    12/29/2020Listed for sale$1,199,950-5.9%$508/sqft
    Source: Coldwell Banker Greater Valleys #SR20263776 Report a problem
    11/17/2020Listing removed$1,274,950$539/sqft
    Source: eXp Realty of California Inc #SR20167454 Report a problem
    10/19/2020Price change$1,274,950-1.9%$539/sqft
    Source: eXp Realty of California Inc #SR20167454 Report a problem
    8/17/2020Listed for sale$1,299,950+23.8%$550/sqft
    Source: eXp Realty of California Inc #SR20167454 Report a problem
    3/11/2020Sold$1,050,000+6.6%$444/sqft
    Source: Public Record Report a problem
    2/24/2020Listed for sale$985,000$417/sqft
    Source: Rodeo Realty #SR20018618 Report a problem
    2/24/2020Pending sale$985,000$417/sqft
    Source: Rodeo Realty #SR20018618 Report a problem
    2/24/2020Pending sale$985,000$417/sqft
    Source: Rodeo Realty #SR20018618 Report a problem
    1/27/2020Listed for sale$985,000+159.2%$417/sqft
    Source: Rodeo Realty #SR20018618 Report a problem
    6/18/2002Sold$380,000$161/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,364 +87.8%$2,350,000 +92.2%
    2024$15,102 +1.9%$1,222,730 +2%
    2023$14,814 +13.5%$1,198,760 +10.8%
    2022$13,050 +1.3%$1,082,354 +2%
    2021$12,884 +96%$1,061,138 +106.6%
    2020$6,574 $513,550 +2%
    2019$6,574 +6.3%$503,487 +2%
    2018$6,186 $493,620 +2.1%
    2017$6,186 +2.1%$483,687 +2%
    2016$6,056 +2.6%$474,204 +1.5%
    2015$5,901 +0.8%$467,082 +2%
    2014$5,856 $457,934 +2.5%
    2012-- $446,927 +2%
    2011-- $438,164 +0.8%
    2010-- $434,890 -0.2%
    2009-- $435,924 +2%
    2008-- $427,378 +2%
    2007-- $418,999 +2%
    2006-- $410,784
    2005-- $410,784 +4%
    2004-- $394,835 +1.9%
    2003-- $387,600 +106.5%
    2002-- $187,655 +4%
    2000-- $180,370
    Find assessor info on the county website

    Neighborhood: Westchester

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,283,300
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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
    $2,283,300