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8819 ReadingLos Angeles, CA 90045

For Sale

$2,099,000

Smart Buyer Rebate $20,990

A Rare Corner of Promise — Just Beyond the Beaten Path
In a quiet pocket of the city, where the pulse of Los Angeles hums with purpose — near the thrum of SoFi Stadium, the runways of LAX, the innovation of Silicon Beach, and the coastal hush of the South Bay — stands a property built not just of wood and stone, but of opportunity.
This 7-unit building, solid and steadfast, has weathered time with grace and has recently been granted new life: over $400,000 in thoughtful improvements — copper plumbing that sings with water’s flow, dual-pane windows that hold back the din of the outside world, and a foundation made firmer than before. A fresh coat of paint now dresses its exterior, while the land around it breathes easier, newly landscaped.
Among its offerings, a brand-new, fully permitted 2-bedroom/1-bath ADU — not merely an accessory, but a home in itself — joins the ranks of four newly remodeled units. Altogether, the property brings in a hearty $182,688 in gross income, with the potential to climb another 37.34%. And with a Tier 3 TOC Density Bonus and a 7,008 sq ft R3 lot, the future whispers promises of more — more units, more income, more value.
Investors, take note: this is not just an address. It is a stake in one of the most stable rental markets in Los Angeles, where tenants come and stay, and the heartbeat of the Westside and South Bay is but minutes away. The seller, seasoned and serious, offers the added grace of a 1031 exchange at no cost to you — a gesture of goodwill in a city that rarely gives anything away.
This is more than a building. It’s a long-term haven for the discerning investor, a place where past effort meets future reward.
Don’t let it slip past like so many missed chances. Reach out to receive the full offering memorandum — and see for yourself what happens when location, income, and vision align.

Listed by Frank Ponce

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License #00861049

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Coldwell Banker Realty

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310-503-4158

Listed by Anna Khomut

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License #01962287

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Coldwell Banker Realty

Last updated October 21, 2025

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Source: CRMLS #PV25225113

Listing Facts

  • TypeMulti-family
  • NeighborhoodWestchester
  • Days on Prevu30

Amenities

  • Washer/Dryer
  • Parking

Location

Mortgage Calculator

Listing History

10/12/2025
Price Decreased
$2,099,000
10/05/2025
Status changed to Active
$2,149,000
10/04/2025
Status changed to Removed from Feed
$2,149,000
09/24/2025
Listed by Coldwell Banker Realty
$2,149,000

Property Details for 8819 Reading

Association

Amenities

  • Community Features: Sidewalks

Exterior

Construction

  • Number Of Units Total: 7
  • Property Attached: Yes
  • Property Condition: Turnkey
  • Roof: Asphalt
  • Stories Total: 2
  • Year Built: 1951
  • Architectural Style: Contemporary
  • Common Walls: 1 Common Wall
  • Construction Materials: Asphalt, Concrete, Stucco
  • Entry Level: 1
  • Entry Location: 1

Features

  • Road Frontage Type: City Street

Measurements

  • Building Area Total: 4,616
  • Building Area Units: Square Feet
  • Lot Features: 0-1 Unit/Acre, Sprinklers In Front, Landscaped, Rectangular Lot, Walkstreet
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,008
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,008
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.68
  • Gross Income: $182,688.00
  • Operating Expense: $37,610.00

Taxes

  • Parcel Number: 4125014002

Interior

Features

  • Appliances: Microwave, Refrigerator, Dryer, Washer
  • Flooring: Vinyl
  • Interior Features: Ceiling Fan(s), All Bedrooms Down

Other

Location

  • Tax Lot: 97

Parking

Parking

  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Garage Faces Front
  • Parking Total: 4

Utilities

Equipment

  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.