8893 Reading Ave - Apartments FOR SALE


Los Angeles, CA 90045- Westchester
$1,275,000 USD
310-748-1445
8893 Reading Ave, Los Angeles, CA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/15
null | 5.37% Cap Rate

8893 Reading Ave
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • Strong Returns – 5.37% cap rate with upside to 6.29%
  • Modern Interiors – Quartz countertops, shaker cabinetry, stainless steel appliances
  • Upgraded Systems – Electrical, plumbing, tankless water heaters, onsite laundry
  • Prime Westchester Location – Near LAX, Playa Vista, and Silicon Beach
  • ADU Potential – (2) detached two-car garages
  • Strong Growth Area – Rapid development with long-term investment upside

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$451 USD /SF

# OF UNITS

4

PRICE/UNIT

$318,750

CAP RATE

5.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LAR3

APN/PARCEL ID

4125-014-006

ASK ABOUT THIS PROPERTY

Ryan VersfeltLyon Stahl Investment Real EstateMore Info
310-748-1445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Ryan VersfeltLyon Stahl Investment Real EstateMore Info
310-748-1445

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.