Listing Courtesy of: CRMLS / Coldwell Banker Realty / Frank Ponce - Contact: 310-503-4158
8819 Reading Avenue Los Angeles, CA 90045
Active (3 Days)
$2,975,000
4,616
SQFT
Description
MLS #:
PV24235528
PV24235528
Lot Size
7,008 SQFT
7,008 SQFT
Type
Multifamily
Multifamily
Year Built
1951
1951
County
Los Angeles County
Los Angeles County
Listed By
Frank Ponce, DRE #00861049 CA, Coldwell Banker Realty, Contact: 310-503-4158
Source
CRMLS
Last checked Nov 21 2024 at 6:43 AM PST
CRMLS
Last checked Nov 21 2024 at 6:43 AM PST
Bathroom Details
Interior Features
- Washer
- Refrigerator
- Microwave
- Dryer
- Ceiling Fan(s)
- All Bedrooms Down
Heating and Cooling
- Wall Furnace
Flooring
- Vinyl
Utility Information
- Utilities: Water Source: Public, Water Connected, Sewer Connected, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected
- Sewer: Public Sewer
Parking
- Assigned
Stories
- 2
Additional Information: Palos Verdes Beach Cities | 310-503-4158
Location
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
The building boasts 3 newly remodeled units and recent upgrades, including dual-pane windows, copper plumbing, a new roof, foundation work, fresh exterior paint, and updated landscaping. Plus, with a Tier 3 Transit Oriented Communities Density Bonus (TOC), the 7,008 sq ft R3 lot offers exciting future development potential.
This property is ideal for investors looking for a stable rental market and unparalleled access to premier Westside and South Bay attractions. The seller is willing to do a 1031 exchange at no cost to the buyer, making this deal even more attractive.
Don’t miss out on this incredible long-term investment opportunity! Contact us for the offering memorandum.