NOT LISTED FOR SALE

9021 Reading Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,102,000 - $1,332,000

6 Beds
4 Baths
2,975 Sq Ft
$399/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2024

Last sale price $1,207,000 $406 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,641 / mo

48 Days on Market

About This Home

As of March 2024

4-Units: (One) 2-Bed/1-Bath Unit Will Be Delivered Vacant- Presents Desirable Opportunity To Owner Occupy | Qualifies for Residential Financing | New Roof and Partial Copper Plumbing | Value-Add Potential- 11.42 Proforma GRM | Large 7,006-SF Lot Zoned LAR3 TOC Tier 3 | 4-Parking Spaces | Located in the Highly Desirable Westchester Submarket of Los Angeles | Approximately 2.5 Miles to Loyola Marymount University, Otis College of Art and Design & SoFi Stadium

Last Agent to Sell the Property

David Messiah

Lyon Stahl Investment Real Estate, Inc. License #02117893 Listed on: 01/16/2024

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,006 Sq Ft Lot

Interior Spaces

  • 2,975 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Carport

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 4125-011-034

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,006 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2975
  • Lot Acreage: 0.1609
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 428.57

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 4

Lot Info

  • Assessed Improvement Percent: 25.12
  • Assessed Improvement Value: 210338
  • Assessed Land Percent: 74.88
  • Assessed Land Value: 627014
  • Total Assessed Value: 837352
  • Assessor Parcel Number: 4125-011-034
  • Lot Size Area: 7006

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 16.98
  • Number Of Units: 4
  • Type Of Units: 2+1, 1+1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2024
Closed on
Mar 14, 2024
Sold by
Bought by
Seller's Agent
David Messiah
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,275,000
Sold Price
$1,207,000
Premium/Discount to List
-$68,000
-5.33%
Views
52
Current Estimated Value
$1,187,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,367
Avg. Annual Appreciation
-0.72%
Original Mortgage
$724,200
Outstanding Balance
$713,755
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$473,878

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
7.96%

Purchase Details

Closed on
Feb 5, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,160
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,207,000 Chicago Title Company
-- North American Title Co
-- North American Title Co
-- Continental Land Title
$205,000 Equity Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $724,200
Previous Owner $385,000
Previous Owner $315,000
Previous Owner $232,500
Previous Owner $198,160
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $1,207,000 -5.3% $406 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $1,275,000 -- $429 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,150 $1,231,140 $1,122,000 $109,140
2024 $10,644 $854,098 $639,554 $214,544
2023 $10,444 $837,352 $627,014 $210,338
2022 $9,969 $820,934 $614,720 $206,214
2021 $9,833 $804,838 $602,667 $202,171
2019 $9,542 $780,968 $584,793 $196,175
2018 $9,423 $765,656 $573,327 $192,329
2016 $8,993 $735,926 $551,065 $184,861
2015 $8,862 $724,873 $542,788 $182,085
2014 $8,913 $710,675 $532,156 $178,519
Source: Public Records

Agents Affiliated with this Home

  • David Messiah

    Seller's Agent in 2024

    David Messiah

    Lyon Stahl Investment Real Estate, Inc.

    (310) 593-9869

    7 in this area

    25 Total Sales

    David Messiah
    Section Image
  • Cameron Samimi

    Buyer's Agent in 2024

    Cameron Samimi

    Lyon Stahl Investment Real Estate, Inc.

    (310) 259-7556

    7 in this area

    200 Total Sales

    Cameron Samimi
    Section Image
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Map

Source: The MLS

MLS Number: 24-347555

The MLS

APN: 4125-011-034

California Los Angeles County Los Angeles 90045 Westchester

9021 Reading Ave, Los Angeles, CA

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The MLS © 2026 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.
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