8819 Reading Ave, Los Angeles, CA 90045 (MLS # PV25225113)

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PRICE $2,099,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 4,616 sqft
LOT SIZE 7,009 sqft

A Rare Corner of Promise "” Just Beyond the Beaten Path In a quiet pocket of the city, where the pulse of Los Angeles hums with purpose "” near the thrum of SoFi Stadium, the runways of LAX, the innovation of Silicon Beach, and the coastal hush of the South Bay "” stands a property built not just of wood and stone, but of opportunity. This 7-unit building, solid and steadfast, has weathered time with grace and has recently been granted new life: over $400,000 in thoughtful improvements "” copper plumbing that sings with water's flow, dual-pane windows that hold back the din of the outside world, and a foundation made firmer than before. A fresh coat of paint now dresses its exterior, while the land around it breathes easier, newly landscaped. Among its offerings, a brand-new, fully permitted 2-bedroom/1-bath ADU "” not merely an accessory, but a home in itself "” joins the ranks of four newly remodeled units. Altogether, the property brings in a hearty $182,688 in gross income, with the potential to climb another 37.34%. And with a Tier 3 TOC Density Bonus and a 7,008 sq ft R3 lot, the future whispers promises of more "” more units, more income, more value. Investors, take note: this is not just an address. It is a stake in one of the most stable rental markets in Los Angeles, where tenants come and stay, and the heartbeat of the Westside and South Bay is but minutes away. The seller, seasoned and serious, offers the added grace of a 1031 exchange at no cost to you "” a gesture of goodwill in a city that rarely gives anything away. This is more than a building. It's a long-term haven for the discerning investor, a place where past effort meets future reward. Don't let it slip past like so many missed chances. Reach out to receive the full offering memorandum "” and see for yourself what happens when location, income, and vision align.

DAYS ON MARKET 83 LAST UPDATED 12/16/2025
YEAR BUILT 1951 COMMUNITY C29 - Westchester
GARAGE SPACES 4.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income

PRICE HISTORY
Prior to Oct 11, '25 $2,149,000
Oct 11, '25 - Today $2,099,000


ADDITIONAL DETAILS
AIR None
APPLIANCES Dryer, Microwave, Refrigerator, Washer
AREA C29 - Westchester
CONSTRUCTION Asphalt, Concrete, Stucco
GARAGE Yes
HEAT Wall Furnace
INTERIOR Ceiling Fan(s)
LOT 7009 sq ft
LOT DESCRIPTION Landscaped, Rectangular Lot, Sprinklers In Front
LOT DIMENSIONS 7008
PARKING Garage Faces Front
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 2
STYLE Contemporary
UTILITIES Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
VIEW DESCRIPTION None
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Coldwell Banker Realty

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 12/16/25 6:22 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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