$1,688,900
$176K PRICE DROP

8807 Reading Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated payment $10,704/month

Total Views 2,683
5 Beds
4 Baths
2,916 Sq Ft
$579 Price per Sq Ft

Highlights

  • 24-Hour Security
  • 4 Car Attached Garage
  • Attached Carport
  • Traditional Architecture
  • 1-Story Property
  • Central Heating

About This Home

Motivated Seller! Very desirable 4plex in Westchester area. Uniquely designed one level ( 3 ) 1/1 each with its own private yard. The back alley has a separate building for all 4 garages. the 4th unit is A very spacious (split level) & upgraded 2/2 situated above the back (detached) building. Additionally, the property has an approved ADU ready to be issued and fully paid for. This is also a significant advantage for potential buyers looking to maximize income or expand the property. Total income is $117,864.00 Per year with a potential income of $24K with the ADU project. This is a Very well-maintained property with high monthly income. Ideal location close LAX, Freeways, Shops & Business centers. Don't miss this one!

Listing Agent

Heba Abulazm

Real Estate Source, Inc. License #01391926 Listed on: 11/21/2025

Real Estate Source, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,419

Year Built

  • Built in 1949

Lot Details

  • 7,008 Sq Ft Lot
  • Gated Home

Home Design

  • Traditional Architecture
  • Split Level Home

Interior Spaces

  • 2,916 Sq Ft Home
  • 1-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 4 Car Attached Garage
  • Attached Carport
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 4125-015-009

Community Details

Overview

  • 2 Buildings
  • 4 Units

Security

  • 24-Hour Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,419

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Multi/Split, One
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 2916
  • Lot Acreage: 0.1609
  • Year Built: 1949
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Bathroom Features: Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dryer, Dishwasher, Gas Dryer Hookup, Refrigerator
  • Price Per S Q F T: 579.18

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached, Parking Space, Carport Attached, Assigned
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Central
  • Security: Gated, 24 Hour
  • Water Expense: 1728.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 2250.00
  • Maintenance Expense: 2000.00

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 689785
  • Assessed Land Percent: 60
  • Assessed Land Value: 1034677
  • Total Assessed Value: 1724462
  • Assessor Parcel Number: 4125-015-009
  • Lot Size Area: 7008

Rental Info

  • Total Actual Rent: 117864.00
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity, Cable TV, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Type Of Units: 4

Tax Info

  • Tax Expense: 26625.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,419 $1,758,950 $1,055,370 $703,580
2024 $21,160 $1,724,462 $1,034,677 $689,785
2023 $20,754 $1,690,650 $1,014,390 $676,260
2022 $19,792 $1,657,500 $994,500 $663,000
2021 $13,066 $1,080,610 $428,880 $651,730
2020 $13,197 $1,069,531 $424,483 $645,048
2019 $12,676 $1,048,560 $416,160 $632,400
2018 $12,558 $1,028,000 $408,000 $620,000
2016 $1,477 $98,534 $49,267 $49,267
2015 $1,460 $97,054 $48,527 $48,527
2014 $1,495 $95,154 $47,577 $47,577
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Price Changed $1,688,900 0.0% $579 / Sq Ft
11/21/2025 11/21/25 For Sale $1,688,900 -0.6% $579 / Sq Ft
11/13/2025 11/13/25 Off Market $1,699,900 -- --
10/10/2025 10/10/25 Price Changed $1,699,900 -2.8% $583 / Sq Ft
09/27/2025 09/27/25 Price Changed $1,749,000 -1.5% $600 / Sq Ft
09/04/2025 09/04/25 For Sale $1,775,000 0.0% $609 / Sq Ft
08/31/2025 08/31/25 Off Market $1,775,000 -- --
07/23/2025 07/23/25 Price Changed $1,775,000 -4.8% $609 / Sq Ft
06/24/2025 06/24/25 For Sale $1,865,000 +14.8% $640 / Sq Ft
06/23/2021 06/23/21 Sold $1,625,000 +1.6% $557 / Sq Ft View Prior Sale
06/05/2021 06/05/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,600,000 0.0% $549 / Sq Ft
05/30/2021 05/30/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $1,600,000 +60.0% $549 / Sq Ft
01/19/2017 01/19/17 Sold $1,000,000 +0.1% $343 / Sq Ft View Prior Sale
12/05/2016 12/05/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $999,000 -- $343 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,000,000 Stewart Title
Grant Deed $3,845,000 Stewart Title
Interfamily Deed Transfer -- Equity Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Previous Owner $108,750 No Value Available
Source: Public Records

Source: The MLS

MLS Number: 25556897

The MLS

APN: 4125-015-009

California Los Angeles County Los Angeles 90045 Westchester

8807 Reading Ave, Los Angeles, CA

For Sale

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Listing Agent
Heba Abulazm
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Real Estate Source, Inc.
(310) 940-1999