Property Details
About this Property
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.
MLS Listing Information
MLS #
CRSB26067928
MLS Source
California Regional MLS
Days on Site
0
Interior Features
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage: 4 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Ryan Versfelt
Lyon Stahl Investment Real Estate, Inc.
License #: 02212779
Phone: –
Co-Listing Agent
David Messiah
Lyon Stahl Investment Real Estate, Inc.
License #: 02117893
Phone: (310) 561-2384
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 4 | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 653 | – | 0/0 | – |
| 2 | 970 | – | 0/0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
8893 Reading Ave is a Residential Income in Los Angeles, CA 90045. This – square foot property sits on a 7,068 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,275,000 and was built in 1950. This address can also be written as 8893 Reading Ave, Los Angeles, CA 90045.
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This listing information is up-to-date as of April 01, 2026. For the most current information, please contact Ryan Versfelt
