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Property view

8893 Reading Avenue, 
Los Angeles, CA 90045

$1,200,000

—

Bed

—

Bath

2,829

Sq Ft

Multi-Family

Sold

Listed by

Ryan Versfelt

, 

David Messiah

Bought with Lyon Stahl Investment Real Estate, Inc.

Lyon Stahl Investment Real Estate, Inc.

310-425-9838

MLS#

SB26067928

Source:

CRMLS

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About This Home

8893 Reading Avenue

This turnkey asset in Westchester is offered at $318,750 per unit. The 2,829 SF building on a 7,068 SF street-to-alley lot features (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, with a current 5.37% cap rate and 12.66 GRM, with additional upside through ADU development. The interiors are fully upgraded with quartz countertops, shaker cabinets, new flooring, recessed lighting, stainless steel appliances, and an on-site coin-operated laundry room. Additional improvements include upgraded electrical panels, plumbing systems, and tankless water heaters. The property also features (2) detached two-car garages, offering potential ADU conversion (buyer to verify). Zoned LAR3 with TOC Tier 3, the asset presents strong development potential in a rapidly growing Westchester submarket. Tenants enjoy convenient parking and a prime location near LAX, Playa Vista, and Silicon Beach, with easy access to major employment hubs, retail, and transit. 8893 Reading Ave represents a turnkey opportunity with strong returns and future upside in one of Los Angeles’ most sought-after rental markets.

Home Facts

Multi-Family

Built in 1950

Price Summary

1,275,000

$450 per Sq. Ft.

MLS #:

SB26067928

Sold:

May 22, 2026

Rooms & Interior

Interior

Living Area:

2,829 Sq. Ft.

Structure

Structure

Building Area:

2,829 Sq. Ft.

Year Built:

1950

Lot

Lot Size (Sq. Ft):

7,069

Finances & Disclosures

Finances

Price:

$1,275,000

Price per Sq. Ft:

$450 per Sq. Ft.

Source:CRMLS
Based on information from California Regional Multiple Listing Service, Inc. as of May 26, 2026 . 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.