8893 Reading Ave, Los Angeles, CA, 90045
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Property Details
5
4
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 5 • Bathrooms: 4 • Square Feet: 2829 • Lot/Size: 7,068 sqft lot
Description: This turnkey asset in Westchester is offered at $318,750 per unit. The 2,829 SF building on a 7,068 SF street-to-alley lot features (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, with a current 5.37% cap rate and 12.66 GRM, with additional upside through ADU development. The interiors are fully upgraded with quartz countertops, shaker cabinets, new flooring, recessed lighting, stainless steel appliances, and an on-site coin-operated laundry room. Additional improvements include upgraded electrical panels, plumbing systems, and tankless water heaters. The property also features (2) detached two-car garages, offering potential ADU conversion (buyer to verify). Zoned LAR3 with TOC Tier 3, t
Location
Address
8893 Reading Ave, Los Angeles, CA, 90045
City
Los Angeles
Features and Finishes
Year Built: 1950; [object Object]; [object Object]; [object Object]
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