NOT LISTED FOR SALE

8835 Reading Ave Los Angeles, CA 90045

Westchester Neighborhood
5 Beds
4 Baths
2,829 Sq Ft
7,005 Sq Ft Lot

Last Sold July 20, 2018

Last sale price $1,475,000 $521 Per Sq Ft

70 Days on Market

About This Home

As of July 2018

We are proud to present 8829 S. Reading Ave. and 8835 S. Reading Ave. in the Westschester neighborhood of Los Angeles for $3,200,000.00. The properties sit side by side backing up to an alley, the first containing a Triplex and the second a Fourplex. Developers.... capitalize on the prime R31 Tier 3 Zoning for the development of a new apartment building. By right construction would allow for an 18 unit building; utilize a Density Bonus and build approximately 32 units. Cash flow now and build at a later date or submit to planning right away and build a beautiful, brand new custom apartment building with great proximity to jobs, nightlife, restaurants and so much more! These properties MUST be sold together concurrently.

Last Agent to Sell the Property

Lee Mintz

Compass License #01355531 Listed on: 04/18/2018

Compass

Co-Listed By

Dario Svidler

Keller Williams Beverly Hills License #01884474

Keller Williams Beverly Hills

Last Buyer's Agent

Dario Svidler

Keller Williams Beverly Hills License #01884474

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,005 Sq Ft Lot

Interior Spaces

  • 2,829 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4125-014-005

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2829
  • Stories: 2
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Hood Fan, Refrigerator
  • Price Per S Q F T: 556.73

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 165584
  • Assessed Land Value: 529874
  • Assessor Parcel Number: 4125-014-005
  • Geocode Override: No
  • Lot Size Area: 7005

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Type Of Units: Apartments

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
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

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2018 07/20/18 Sold $1,475,000 -6.3% $521 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
05/25/2018 05/25/18 Price Changed $1,575,000 -1.6% $557 / Sq Ft
04/18/2018 04/18/18 For Sale $1,600,000 -- $566 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lee Mintz

    Seller's Agent in 2018

    Lee Mintz

    Compass

    (310) 902-8301

    1 in this area

    25 Total Sales

    Lee Mintz
    Section Image
  • Dario Svidler

    Seller Co-Listing Agent in 2018

    Dario Svidler

    Keller Williams Beverly Hills

    (424) 600-7633

    54 Total Sales

    Dario Svidler
    Section Image
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Map

Source: The MLS

MLS Number: 18-334414

The MLS

APN: 4125-014-005

California Los Angeles County Los Angeles 90045 Westchester

8835 Reading Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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