8819 Reading, Los Angeles, CA 90045

• 4,616 sqft

Property Description

A Rare Corner of Promise - Just Beyond the Beaten Path In a quiet pocket of the city, where the pulse of Los Angeles hums with purpose - near the thrum of SoFi Stadium, the runways of LAX, the innovation of Silicon Beach, and the coastal hush of the South Bay - stands a property built not just of wood and stone, but of opportunity. This 7-unit building, solid and steadfast, has weathered time with grace and has recently been granted new life: over $400,000 in thoughtful improvements - copper plumbing that sings with water's flow, dual-pane windows that hold back the din of the outside world, and a foundation made firmer than before. A fresh coat of paint now dresses its exterior, while the land around it breathes easier, newly landscaped. Among its offerings, a brand-new, fully permitted 2-bedroom/1-bath ADU - not merely an accessory, but a home in itself - joins the ranks of four newly remodeled units. Altogether, the property brings in a hearty $182,688 in gross income, with the potential to climb another 37.34%. And with a Tier 3 TOC Density Bonus and a 7,008 sq ft R3 lot, the future whispers promises of more - more units, more income, more value. Investors, take note: this is not just an address. It is a stake in one of the most stable rental markets in Los Angeles, where ten

Listing Status:

Active

Date Added:

October 3, 2025 at 05:00AM

Listing Office:

Coldwell Banker Realty : 310-378-5201

Listing Agent:

Frank Ponce : 310-791-6017

MLS ID:

CRPV25231622

Interior

• A/C: None
• Heating: Wall Furnace
• Eco/Green Feature: None

Exterior

• General: Landscaping

Construction

• General: ConcreteAsphalt

Location

• County: Los Angeles

Lot

• Zoning: 4125014002

Utilities

• Utilities: Electricity ConnectedNatural Gas ConnectedOtherCable Connected220 Volts

This listing courtesy of Frank Ponce, Coldwell Banker Realty