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$2,099,000
21 Days On Site

8819 Reading
Los Angeles, CA 90045

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,616
SqFt
$455
/SqFt
1951
Built
County:
Los Angeles
Listed by Frank Ponce of Coldwell Banker Realty frank@frankponce.com

Questions? Call or text Jean and Ken Tritle/ Buyer's Agents at DreamWell Homes Realty # 760-798-9024. Thanks!

Call Now: 760-798-9024
Is this the listing for you? We can help make it yours.
760-798-9024
8819 Reading8819 Reading8819 Reading8819 Reading
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Monthly Payment (Est.)

$9,576
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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.

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Listing Snapshot
Price 
$2,099,000
Days On Site 
21 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,616 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1609 Acres
Year Built 
1951
MLS® Number 
PV25231622
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoPrice changed to $2,099,000
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Acres 
0.1609
Carport 
4
Number Of Stories 
2
Parking Spaces 
4
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
4616
Utilities 
Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected
Water Source 
Public
Interior Features
Heating 
Wall Furnace
Laundry Features 
None
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Exterior Features
Construction Details 
AsphaltConcrete
Fencing 
Partial
Lot Features 
Sprinklers In FrontLandscaped
Roof 
Asphalt
Community Features
Financing Terms Available 
CashConventionalContract1031 Exchange
MLS Area 
C29 - Westchester


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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Call or Text DreamWell Homes Realty at 760-798-9024 for more information. Thank you!