8912 Reading, Los Angeles, CA 90045
List Price: $1.35M
Listing Status: ActiveUnderContract
0Days on Market: 37
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1951
Lot Size: 6,885 sq ft
Garage Spaces: 4
Private Pool: Yes
MLS Number: SB26068023
About This Property
Presenting a rare opportunity to acquire a premier residential asset in one of Westside Los Angeles’ most resilient submarkets. Held by the same ownership for over a quarter-century, 8912 Reading Avenue represents a strong addition to any portfolio, combining immediate cash-flow stability with significant medium-term appreciation including development and owner/user potential. This 4-plex features a high-demand mix of spacious 2-bedroom, 1-bathroom floor plans. These units are perfectly scaled to capture the Silicon Beach professional, LMU faculty/student base, and the aerospace workforce. This particular pocket is booming with new developments from institutional grade builders. The property currently grosses almost $90k annually with over 35% rental upside and sits on a generous 6,944 sf lot with 3,542 sf of building per the assessor.
Listing provided by: Ian Petas DRE #01445698 310-375-3511 ianpetas@gmail.com, Keller Williams Realty
Source: CRMLS, MLS #: SB26068023
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.