Mark Lear
WERE Real Estate Inc
(657) 223-8121
354 Total Sales
1 in Westchester
$1,580,000 Price
9050 Reading Ave Los Angeles, CA 90045
Westchester NeighborhoodEstimated Value: $1,339,056
5
Beds
4
Baths
3,090
Sq Ft
$433/Sq Ft
Est. Value
About This Home
As of August 2023We are thrilled to present an exciting investment proposition in the desirable Westchester neighborhood. This fourplex, with three one-bedroom one units and one two-bedroom one bath unit, three of which are delivered vacant, offers a substantial value-add opportunity for investors and owner-users. The potential to add ADUs, subject to state and local laws, make this property a compelling prospect. The Westchester location, with its average household income exceeding $100,000, reflects the area's economic strength and high rental demand. The property's proximity to significant employers, recreational venues, and educational institutions further enhances its attractiveness to potential tenants.
Last Agent to Sell the Property
Realty Investment Advisors, Inc. License #01438644 Listed on: 04/17/2023
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 8,016 Sq Ft Lot
Parking
- 6 Parking Spaces
Interior Spaces
- 3,090 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Community Details
- 3 Buildings
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 4125-011-047
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
Apr 17, 2023
Closed on
Aug 2, 2023
Sold by
9050 Reading Llc
Bought by
Seller's Agent
Benjamin Hsiang
Realty Investment Advisors, Inc.
Buyer's Agent
Dionne Jackson
List Price
$4,550,000
Sold Price
$1,330,000
Premium/Discount to List
-$3,220,000
-70.77%
Views
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,056
Avg. Annual Appreciation
0.22%
Original Mortgage
$1,330,000
Outstanding Balance
$1,283,784
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$55,272
Purchase Details
Closed on
May 25, 2018
Sold by
Rteimeh Shawn
Bought by
9050 Reading Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,150,000
Interest Rate
4.4%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 16, 2017
Sold by
Shishani Sila
Bought by
Rteimeh Shawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,500
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 9, 2017
Sold by
Mizrahl Amnon and Rozenfield Ilan
Bought by
Rteimeh Shawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,500
Interest Rate
7.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Oct 28, 2013
Closed on
Jan 21, 2014
Sold by
Bank Of America National Association
Bought by
Mizrahi Amnon
Seller's Agent
Gene Armstrong
Coldwell Banker Gene Armstrong
Buyer's Agent
Gene Armstrong
Coldwell Banker Gene Armstrong
List Price
$546,000
Sold Price
$500,000
Premium/Discount to List
-$46,000
-8.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$284,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 28, 2013
Closed on
Jan 18, 2014
Sold by
Mizrahi Ronit
Bought by
Mizrahi Amnon
Seller's Agent
Gene Armstrong
Coldwell Banker Gene Armstrong
Buyer's Agent
Gene Armstrong
Coldwell Banker Gene Armstrong
List Price
$546,000
Sold Price
$500,000
Premium/Discount to List
-$46,000
-8.42%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 21, 2012
Sold by
Ali Munif
Bought by
Bank Of America National Association
Purchase Details
Closed on
Aug 1, 2002
Sold by
Aguilar Steve and Aguilar Renee
Bought by
Ali Munif
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,600
Interest Rate
5.96%
Purchase Details
Closed on
Nov 22, 1999
Sold by
Markland Trish
Bought by
Markland Mark
Purchase Details
Closed on
Nov 4, 1999
Sold by
Mcilhenny Dudley and Mcilhenny Sydney
Bought by
Aguilar Steve and Aguilar Renee
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westchester, CA
-
Mark Lear
-
Korinna Sehringer
Korinna Sehringer
Keller Williams Realty Los Feliz
(323) 870-7530
14 Total Sales
1 in Westchester
$1,909,000 Price
-
Joseph McMahon
Joseph McMahon
Keller Williams Realty
(424) 396-1573
9 Total Sales
4 in Westchester
$1.2M - $1.7M Price Range
-
Kate Christiansen
Kate Christiansen
Equity Union
(661) 347-2167
167 Total Sales
1 in Westchester
$1,420,000 Price
-
Katherine Tellez
Katherine Tellez
Equity Union
(818) 412-9693
11 Total Sales
1 in Westchester
$1,050,000 Price
-
Poupee Komenkul
Poupee Komenkul
Rodeo Realty
(747) 998-0899
146 Total Sales
1 in Westchester
$950,000 Price
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 |
|---|---|---|---|
| $1,330,000 | Fidelity National Title | ||
| 9050 Reading Llc | $1,450,000 | None Available | |
| Rteimeh Shawn | -- | Priority Title Company | |
| Mizrahl Amnon | -- | Priority Title Company | |
| Rteimeh Shawn | $1,165,000 | Priority Title Company | |
| Mizrahi Amnon | $500,000 | Ticor Title Riverside | |
| Mizrahi Amnon | -- | Ticor Title Riverside | |
| Bank Of America National Association | $447,483 | Accommodation | |
| Ali Munif | $414,500 | Southland Title Corporation | |
| Markland Mark | -- | Southland Title Corporation | |
| Aguilar Steve | -- | Southland Title Corporation |
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 | $1,330,000 | ||
| Previous Owner | 9033 Ramsgate Llc A California Llc | $6,425,000 | |
| Previous Owner | 9033 Ramsgate Llc | $6,425,000 | |
| Previous Owner | 9033 Ramsgate Llc | $19,990,000 | |
| Previous Owner | 9033 Ramsgate Llc | $420,000 | |
| Previous Owner | 9033 Ramsgate Llc | $13,000,000 | |
| Previous Owner | 9050 Reading Llc | $1,150,000 | |
| Previous Owner | Rteimeh Shawn | $815,500 | |
| Previous Owner | Mizrahi Amnon | $284,000 | |
| Previous Owner | Ali Munif | $150,000 | |
| Previous Owner | Ali Munif | $40,000 | |
| Previous Owner | Ali Munif | $100,000 | |
| Previous Owner | Ali Munif | $381,550 | |
| Previous Owner | Ali Munif | $331,600 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 08/08/2023 08/08/23 | Sold | $1,330,000 | +0.4% | $430 / Sq Ft | |
| 07/16/2023 07/16/23 | Pending | -- | -- | -- | |
| 05/17/2023 05/17/23 | Price Changed | $1,325,000 | -70.9% | $429 / Sq Ft | |
| 04/17/2023 04/17/23 | For Sale | $4,550,000 | +810.0% | $1,472 / Sq Ft | |
| 02/11/2014 02/11/14 | Sold | $500,000 | -8.4% | $162 / Sq Ft | View Prior Sale |
| 11/07/2013 11/07/13 | Pending | -- | -- | -- | |
| 10/28/2013 10/28/13 | For Sale | $546,000 | -- | $177 / 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 |
|---|---|---|---|---|
| 2026 | $16,670 | $1,383,732 | $1,040,400 | $343,332 |
| 2025 | $16,670 | $1,356,600 | $1,020,000 | $336,600 |
| 2024 | $16,438 | $1,330,000 | $1,000,000 | $330,000 |
| 2023 | $19,506 | $1,585,784 | $1,093,645 | $492,139 |
| 2022 | $18,604 | $1,554,691 | $1,072,201 | $482,490 |
| 2021 | $18,370 | $1,524,208 | $1,051,178 | $473,030 |
| 2019 | $17,822 | $1,479,000 | $1,020,000 | $459,000 |
| 2018 | $14,583 | $1,188,300 | $882,300 | $306,000 |
| 2016 | $7,112 | $569,543 | $388,325 | $181,218 |
| 2015 | $7,061 | $560,988 | $382,492 | $178,496 |
| 2014 | $6,723 | $522,360 | $371,679 | $150,681 |
Source: Public Records
Agents Affiliated with this Home
-
Benjamin Hsiang
Seller's Agent in 2023
Benjamin Hsiang
Realty Investment Advisors, Inc.
(424) 377-6001
11 in this area
75 Total Sales
-
Don Favia
Seller Co-Listing Agent in 2023
Don Favia
Realty Investment Advisors, Inc.
(424) 377-6007
11 in this area
27 Total Sales
-
Dionne Jackson
DJ
Buyer's Agent in 2023
Dionne Jackson
1 in this area
5 Total Sales
-
GA
Seller's Agent in 2014
Gene Armstrong
Coldwell Banker Gene Armstrong
Map
Source: The MLS
MLS Number: 23-260463
APN: 4125-011-047
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.
© 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.
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.
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