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Michael Taylor

michael@thepointre.com +1(949) 363-3141

$ 1,399,000

Est. payment -/mo

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8906 Reading AVE Los Angeles, CA 90045

8 Beds

4 Baths

3,542 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,542 sqft

Price per Sqft $394

MLS Listing ID 26928353

Bedrooms 8

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1951

Lot Size 6,882 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C29 - Westchester

Zoning LAR3

Interior

Cooling None

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Attached Carport, Uncovered

Pool None

View Y/N No

View None

Roof Type Composition,Shingle

Porch None

Total Parking Spaces 7

Private Pool No

Building

Faces West

Story 2

Entry Level Multi/Split

Foundation Raised

Sewer Sewer Tap Paid

Water Public

Architectural Style Mid-Century Modern

Level or Stories Multi/Split

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 4125017006

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Derrick Ruiz eXp Realty of Greater Los Angeles #00919713

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Michael Taylor

Broker Associate License ID: 01917215

+1(949) 363-3141

Michael Taylor

8906 Reading AVE Los Angeles, CA 90045

Key Details

Location

Interior

Exterior

Building

Others

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8906 Reading AVE