8893 Reading Ave, Los Angeles, CA, 90045

USD 1,275,000
For Sale

Property Details

Bedrooms

5

Bathrooms

4

Property Type

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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