This Multifamily Property is no longer advertised on LoopNet.com.

8732 Reading Ave
Los Angeles, CA 90045
Multifamily Property For Sale · 11 Units

Investment Highlights

  • New construction (less than 10 years).
  • Huge upside in rents.
  • All utilities separately metered.
  • Exempt from AB 1482 and L.A. County Rent Stabilization Ordinance (LARSO) for another 9 years.
  • Spacious unit sizes, A/C and forced-air heat in all units.
  • Subterranean parking, 20 stalls, secured access.

Property Facts

No. Units 11
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.27 AC
Building Size 14,668 SF
Average Occupancy 100%
No. Stories 4
Year Built 2015
Zoning LAR3

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Heating
  • Granite Countertops
  • Breakfast Nook
  • Deck
  • Dining Room

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Gated
  • Storage Space
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 2 - -
2+1 2 - -
2+2 7 - -

Property Taxes

Property Taxes

Parcel Number
4125-016-012
Land Assessment
$3,708,720
Improvements Assessment
$2,182,800
Total Assessment
$5,891,520
  • Listing ID: 29325849

  • Date on Market: 8/21/2023

  • Last Updated:

  • Address: 8732 Reading Ave, Los Angeles, CA 90045

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