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8819 8819 Reading

PRICE: $2,149,000

8819 Reading
Los Angeles, CA 90045

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 tenants come and stay, and the heartbeat of the Westside and South Bay is but minutes away. The seller, seasoned and serious, offers the added grace of a 1031 exchange at no cost to you -- a gesture of goodwill in a city that rarely gives anything away.
This is more than a building. It's a long-term haven for the discerning investor, a place where past effort meets future reward.
Don't let it slip past like so many missed chances. Reach out to receive the full offering memorandum -- and see for yourself what happens when location, income, and vision align.

  • Total Area 4,616 Sq.Ft.
  • Living Area 4,616 Sq.Ft.
  • Status For Sale
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We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.
Thank you for your interest in 8819 Reading, Los Angeles, CA 90045. We are reviewing your request and will be in touch shortly!
Frank Ponce

Associate Director

Phone: (310) 503-4158
Email: [email protected]

Features & Amenities

View additional property information below.

Interior

Flooring: Vinyl
Fireplace: None
Appliances: Microwave, Refrigerator, Dryer, Washer
Other Interior Features: Ceiling Fan(s), All Bedrooms Down

Exterior

Stories: 2
Garage Space: 4.0
Water Source: Public
Utilites: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Pool: None
Roof: Asphalt
Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Landscaped, Rectangular Lot, Walkstreet
Parking: Garage Faces Front
Heat Type: Wall Furnace
AIR Conditioning: None
Sewer: Public Sewer
Disability Features: None

Area & Lot

Status: For Sale
Living Area: 4,616 Sq.Ft.
Total Area: 4,616 Sq.Ft.
Lot Area: 7,008 Sq.Ft.
MLS® ID: PV25225113
Type: Condo
Year Built: 1951
Architecture Styles: Contemporary
View Description: None

Financial

Sales Price: $2,149,000
Maintenance Fee: $2,800/mo

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