REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Frank Ponce • Coldwell Banker Realty
$ 2,099,000
Est. payment /mo
Active
8819 Reading Los Angeles, CA 90045
4,616 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,616 sqft
Price per Sqft $454
MLS Listing ID CRPV25225113
HOA Y/N No
Year Built 1951
Lot Size 7,008 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
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 ten
Location
State CA
County Los Angeles
Interior
Heating Wall Furnace
Cooling None
Flooring Vinyl
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Exterior
View None
Building
Lot Description Other
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.