8819 Reading Ave, Los Angeles, CA 90045
- $2,279,000
- 6
- BA
- 3,911
- SqFt
- List Price
- $2,279,000
- Price Change
- ▼ $106,000 1676507681
- MLS#
- 22-223217
- Year Built
- 1951
- Bathrooms
- 6
- Living Sq. Ft
- 3,911
- Lot Size
- 7,006
- Days on Market
- 111
- Property Type
- Multifamily
- Stories
- 2
Property Description
PRICE REDUCTION OF $106,000! "A pride-of-ownership deal meets value-add deal" in the Westside's hidden gem of Westchester - only minutes to LAX and SoFi Stadium and a bedroom community to the Westside's biggest employers in Silicon Beach and West LA. The subject property affords an investor the best of both worlds. In addition to existing dual-pane windows, copper plumbing, and washer/dryer hookups in ALL units, the building recently had extensive roof ($19K+), foundation ($16K+) and paint upgrades ($11K+) as well as 3 units extensively renovated - 2 done in last 2 months! Subway tile, new cabinetry, flooring, fixtures, stone surfaces, you name it. The reimaging of the facade and landscaping give the asset a very approachable, clean appeal. Two ADUs, in the garages, can be added. Lastly, Tier 3, TOC Density Bonus allows for aggressive redevelopment! AND the Seller will allow potential Buyers to speak with tenants about "cash for keys" during escrow.
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Additional Information
- Other Buildings
- None
- Heat
- Forced Air
- Cooling
- None
- Number of Cars in Garage
- Garage
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