Closed

9025 Reading Avenue

Los Angeles CA, 90045

$1,187,000


$346.77 per sqft

Closed

7 Beds

6 Baths

3,423 sqft

Residential

Built in 1950

Listed by David Messiah with Shield CRE, Inc. 310-593-9869

JUST REDUCED BY $150,000! | Located in the Highly Desirable Westchester Submarket of Los Angeles | Tremendous Value-Add Potential - Approximately 60% in Rental Upside | 6.78 % Pro-Forma Cap Rate & 11.21 Pro-Forma GRM | Close Proximity to Playa Del Rey, Playa Vista, LAX Airport, Silicon Beach & Inglewood | Approximately 2.5 Miles to Loyola Marymount University, Otis College of Art and Design & SoFi Stadium | Located Near Offices of YouTube, Facebook, Microsoft, IMAX Headquarters, Fox Sports & the Promenade at Howard Hughes Center | Highly Attractive Unit Mix of (Two) 2-Bed/2-Bath Units, (One) 2-Bed/1-Bath Unit & (One) 1- Bed/1-Bath Unit | Gated Common Area, On-Site Laundry Facility & Total of 4 Garage Spaces | Large 7,006-Square Foot Lot | Qualifies for Residential Financing

23241871

MLS ID

February 14, 2023

Listed

May 9, 2024

Updated

Map

9025 Reading Avenue
Los Angeles CA, 90045

Interior Features

Total Stories

2


Bedrooms

7


Total Bathrooms

6


Laundry Description

Common Area, Laundry Room


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Area Name

C29 - Westchester


Days on Market

245


Garage

Yes


Garage Spaces

4


Parking

Garage


Parking Total

5


View

No


County

Los Angeles


Pool

No


Zoning

LAR3


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

10/17/2023

Price Change

$1,187,000

-11%

10/17/2023

Sold

$1,187,000

6/15/2023

Price Change

$1,325,000

-11%

Listing Contact: 310-593-9869 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 12:06 PM UTC

 

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