Properties
Los Angeles, CA 90045 8811 Reading Avenue
$1,400,000
Pending
Presented By: Joshua Keiser with Berkshire Hathaway HomeServices California Properties;
Beds • 4
Baths • 1
SQFT • 1,560
Garage • 2
Home Details
RARE OPPURTUNITY!! Developers Dream in an area of massive resurgence. Mid block two unit building with a 7000 sq ft lot with alley access and is a "TOC" transit area community. This is a well maintained property currently getting close to market rents. There is a HUGE opportunity for this property when combined with the next door (Southern) property of the same size. Look at the listing as well and lets talk about what the plan is for you.
Presented By: Joshua Keiser with Berkshire Hathaway HomeServices California Properties;
Interior Features for 8811 Reading Avenue
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths2
Other Interior Features
Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace FeaturesBath, Kitchen
Fireplace Y/NYes
FlooringWood
Heating Y/NYes
Total Stories1
Window FeaturesScreens
General for 8811 Reading Avenue
AccessibilityNone
Additional Parcels Y/NNo
AppliancesGas Cooktop, Gas Oven, Microwave
Attached Garage No
Cap Rate3.4
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsEast on Manchester right turn on Ramsgate left turn on Reading
Entry LocationGround Level w/steps
Facing DirectionEast
Full Baths
Garage Spaces2
Garage Y/NYes
Gross Income50304
HOANo
HeatingNatural Gas, Wall Furnace
High School DistrictLos Angeles Unified
LevelsOne
Living Area1560
Lot Size Square Feet7008
Lot Size UnitsSquare Feet
MLS AreaC29 - Westchester
Net Operating Income47804
New ConstructionNo
Number Of Units Total2
Patio/Porch FeaturesStone
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NYes
RoofComposition, Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories Count1
Tenant PaysElectricity, Gas, Trash Collection
ViewNone
Year Built1950
ZoningLAR3
Exterior for 8811 Reading Avenue
Building Area Total1560
Foundation DetailsRaised
Lot FeaturesBack Yard, Front Yard, Lawn, Rectangular Lot
Lot Size Acres0.1609
Lot Size Area7008
Number of Buildings1
Parking FeaturesDoor-Multi, Garage
Private PoolNo
SpaNo
Total Parking2
Additional Details
Price History
Schools
Middle School
N/A
Elementary School
Big Hollow Elementary School
