8922 Reading Avenue
8922 Reading Avenue
Sold 1/12/24
Sold 1/12/24
Description
- Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
- Listed by Don Favia • DRE #01841258 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
Property Details for 8922 Reading Avenue
Location
Sold By Out of Area, Out of Area Out of Area, DRE #1645323
Property Details for 8922 Reading Avenue
| Status | Sold |
|---|---|
| MLS # | 23-260239 |
| Days on Market | 175 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1951 |
| Lot Size | 0.32 AC / 13,764 SF |
| County | Los Angeles County |
Location
Sold By Out of Area, Out of Area Out of Area, DRE #1645323
Building Information for 8922 Reading Avenue
Payment Calculator
$14,052 per month
30 year fixed, 7.25% Interest
$12,552
$1,500
$0
Property Information for 8922 Reading Avenue
- Number Of Units: 8
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 2
- Type Of Units: Apartments
- Disclosures: None
- Listing Type: Exclusive Right To Sell
- Service Level: Full Service
- Scheduled Actual: Scheduled
- Gross Operating Income: $239,784
- Net Operating Income: $179,811.00
- Gross Income: $247,200
- Cap Rate: 7.34%
- Gross Rent Multiplier: $9.91
- Vacancy Allow Percent: 3.00%
- Total Annual Expense: 59973
- Lot Acreage: 0.316
- Lot Size Square Feet: 13764
- Parking Garage: Other
- Total Parking: 8
- Levels: Two
- Cooling: None
- Cooling Type: None
- Heating: None
- Heating Type: None
- Equipment: None
- New Construction: No
- Other Structures: None
- Entry Date: 04-17-2023
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,575.00
- Unit Actual Rent: $.00
- Unit Projected Rent: $20,600.00
- Like Units: 8
- Unit Type Type: 2106
- Assessed Improvement Value: $750,540.00
- Assessed Improvement Percent: 26.92
- Assessed Land Value: $2,037,183.00
- Assessed Land Percent: 73.08
- Assessed Total Value: $2,787,723.00
Property History for 8922 Reading Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8922 Reading Avenue
Schools near 8922 Reading Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Westport Heights Elementary School PublicK to 5 | ||
Orville Wright Engineering And Design Magnet Public6 to 8 | ||
Westchester Enriched Sciences Magnets Public9 to 12 | ||
Open Charter Magnet School CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Realty Investment Advisors, Inc., Benjamin J. Hsiang, DRE #01438644; Realty Investment Advisors, Inc., Don Favia, DRE #01841258
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.