8819 Reading, Los Angeles CA 90045 for sale - Presented to you by of Los Angeles California
Listing provided courtesy of Steffan Braunlich of Berkadia. Last updated 2024-04-18 08:11:23.000000. Listing information © 2022 CLAW.

Asking Price: $2,199,000

8819 Reading, Los Angeles CA 90045

Community: ​C29 - Westchester

This property was built in 1951 and is priced at $2,199,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 24375501
  • Type:
  • Year Built: 1951
8819 Reading presents a significant value-add opportunity to acquire a 6-unit apartment building in the Westchester neighborhood of Los Angeles. The property is fully leased, with 3 of the 6 units having recently been fully renovated and are now achieving a significant rent premium compared to the unrenovated units on the property. The sale of the property also includes RTI plans for a 2 Bedroom ADU. Recent building upgrades include: replaced roof, installed dual-pane windows, copper plumbing, and painted the exterior of the building. Westchester has received a large overflow of residents seeking less expensive luxury living near their places of employment, providing new ownership the opportunity to continue the value-add renovations at 8819 Reading and capitalize on the increasing demand for premium finishes in this rental market.

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