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8893 Reading Avenue, Los Angeles, CA 90045

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
8893 Reading Avenue,Los Angeles, CA 90045
$1,275,000
  • 5 Beds
  • - Baths
  • 2,829 sq. ft.
  • Multi-family
  • Active
Listed by: ryan versfelt, david messiah
Office: lyon stahl investment real estate, inc.
MLS#:CRSB26067928
Source:Bay East, CCAR, bridgeMLS

Price summary

  • Price:$1,275,000
  • Price per sq. ft.:$450.69

About this home

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, the asset presents strong development potential in a rapidly growing Westchester submarket. Tenants enjoy convenient parking and a prime location near LAX, Playa Vista, and Silicon Beach, with easy access to major employment hubs, retail, and transit. 8893 Reading Ave represents a turnkey opportunity...

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Home facts

  • Year built:1950
  • Listing ID #:CRSB26067928
  • Added:4 day(s) ago
  • Updated:April 05, 2026 at 02:27 PM

Rooms and interior

  • Bedrooms:5
  • Flooring:Vinyl
  • Living area:2,829 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1950
  • Building area:2,829 sq. ft.
  • Lot area:0.16 Acres

Finances and disclosures

  • Price:$1,275,000
  • Price per sq. ft.:$450.69

Features and amenities

  • Laundry features:Common Area, Laundry Room

Parking

  • Parking description:Assigned
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at April 5, 2026

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