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… Read More 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. Read Less
Property listed by Keller Williams Realty, Ian Petas 310-259-7556
Listing Snapshot
Days Online
35
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1951
MLS Number
SB26068023
Additional Details
Building
Built in 1951, 1 building, 2 stories, Entry level: 1, Entry location: 1
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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