Los Angeles, CA 90045,9020 Reading Ave
Los Angeles, CA 90045,9020 Reading Ave
Los Angeles, CA 90045,9020 Reading Ave
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$1,250,000
Est. payment /mo
4 Beds
3 Baths
2,364 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,364 sqft

Price per Sqft $528

MLS Listing ID 25613827

Bedrooms 4

Year Built 1950

Lot Size 6,823 Sqft

Acres 0.1566

Property Sub-Type Multi-Family

Property Description

Exceptional investment opportunity in Westchester. This income-producing triplex has a lot to offer including solid rental potential and future development upside thanks to its LAR3 zoning and Tier 3 TOC designation. There are multiple paths for future value - keep as is, expand, or build up for higher density development. The property features three well-maintained units. The first is a two-bedroom, one-bathroom unit fully remodeled with over $50,000 in recent upgrades, showcasing stylish finishes, new fixtures, and thoughtful design throughout. The other two units, each one bedroom and one bathroom, are clean, well-kept, and in great condition. One of the standout features on this property is the detached three-car garage, providing each tenant with their own enclosed parking space. With ample driveway space, there is potential to convert the garages into ADU's. The property has a very low operating cost - owner currently pays $2,400 annually for water, gardener, and repairs. Located in a prime, high-demand area, this property offers easy access to shopping, dining, entertainment, and transportation. Property is sold as is with tenants in place.

Location

State CA

County Los Angeles

Area Westchester

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Window Unit(s)

Equipment Other

Exterior

Parking Features Garage Is Detached

Garage Spaces 3.0

Building

Level or Stories Two

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Coldwell Banker Realty
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359

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