NOT LISTED FOR SALE

8748 Reading Ave Los Angeles, CA 90045

Westchester Neighborhood
10 Beds
20 Baths
9,422 Sq Ft
6,821 Sq Ft Lot

Last Sold March 18, 2019

Last sale price $4,600,000 $488 Per Sq Ft

38 Days on Market

About This Home

As of March 2019

FOR SALE - 10 brand new luxurious Townhomes. Situated in the highly desirable Westchester submarket. Completed in 2018. Each unit has modern interiors with many amenities including: custom italian style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private rooftop decks. 7 out of 10 townhomes have been pre-leased. Contact listing agent for Offering Memorandum. Property is approximately 9,422 sq. ft. gross, plus garage. *Property will be sold "AS IS" condition with a deed restriction preventing it from being converted to condos for 10 years from date of CofO.

Last Agent to Sell the Property

Paul Schon

STLiving, Inc. License #01847860 Listed on: 01/08/2019

Last Buyer's Agent

Paul Schon

STLiving, Inc. License #01847860 Listed on: 01/08/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2018

Lot Details

  • 6,821

Parking

  • 10 Car Attached Garage

Interior Spaces

  • 9,422 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 20 Bathrooms

Additional Features

  • 6,821 Sq Ft Lot
  • Air Conditioning

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 4125-016-009

Property Details

Home Type

Multi-Family

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 9422
  • Stories: 2
  • Year Built: 2018
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 20.00
  • Den: 0
  • Price Per S Q F T: 530.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Attached
  • Total Parking: 10

Utilities

  • Cooling: Air Conditioning

Lot Info

  • Assessed Improvement Value: 181221
  • Assessed Land Value: 403865
  • Assessor Parcel Number: 4125-016-009
  • Geocode Override: No
  • Lot Size Area: 6821

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.50
  • Number Of Units: 10
  • Total Annual Expense: 87865
  • Type Of Units: Townhomes
  • Vacancy Rate: 3%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $4,600,000 -8.0% $488 / Sq Ft
02/15/2019 02/15/19 Pending -- -- --
01/08/2019 01/08/19 For Sale $5,000,000 +785.0% $531 / Sq Ft
10/01/2014 10/01/14 Sold $565,000 -14.4% $291 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
01/22/2014 01/22/14 For Sale $660,000 -- $340 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Schon

    Seller's Agent in 2019

    Paul Schon

    STLiving, Inc.

    (858) 361-9334

    5 Total Sales

    Paul Schon
    Section Image
  • JaMaysa Williams

    Seller's Agent in 2014

    JaMaysa Williams

    Stonehouse Realty

    (562) 637-5333

    1 in this area

    21 Total Sales

    JaMaysa Williams
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-421190

The MLS

APN: 4125-016-009

California Los Angeles County Los Angeles 90045 Westchester

8748 Reading Ave, Los Angeles, CA

This home is located at 8748 Reading Ave, Los Angeles, CA 90045 since 08 January 2019. This property was built in 2018. 8748 Reading Ave is a home located in Los Angeles County with nearby schools including Westport Heights Elementary, Wright Middle School STEAM Magnet, and Westchester Enriched Sciences Magnets.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes