9050 Reading Avenue
9050 Reading Avenue
$1,330,000
5
4
3,090
3,090
$430
Sold 8/8/23
Description
We 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...We 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.
- 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 9050 Reading Avenue
Zoning
LAR3
Parcel Number4125011047
Total Units4.0
Living Area3090
Source Living AreaOther
AreaWestchester (C29)
Vacancy Rate75%
Lot Size Area8016
Location
LISTING UPDATED: 08/08/2023 12:09 PM
Property Details for 9050 Reading Avenue
Status | Sold |
---|---|
MLS # | 23-260463 |
Days on Market | 90 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1950 |
Lot Size | 0.18 AC / 8,016 SF |
County | Los Angeles County |
Location
Building Information for 9050 Reading Avenue
Stories2Residences-Year Built1950Building Size-Lot Size0.18 AC / 8,016 SF
Payment Calculator
$8,884 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 9050 Reading Avenue
Property History for 9050 Reading Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 9050 Reading Avenue
Taxable ValueLand$1,093,645Additions$492,139Total$1,585,784
Tax Record2023$19,506 ($1,626 / month)
Home Facts
Total Finished SqFt3,090 SqFtAbove Grade Finished SqFt3,090 SqFtLot Size8,032 SqFtStyleQuadraplexYear Built1950ZoningLAR3CountyLOS ANGELESAPN4125-011-047
Schools near 9050 Reading Avenue
This home is within Los Angeles Unified School District.
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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