8906 Reading Avenue, Los Angeles, CA 90045
Multi-Family for sale in Southern California — $1,399,000. 8 beds · 4 baths · 3,542 sqft. Four 2 bedroom 1 bath units in an active Westchester development area. Good cash flow for investor at 13.6 GRM plus monthly expenses are very low. Tenants pay all utilities except for water. Property will not be deliv…
$1,399,000
Four 2 bedroom 1 bath units in an active Westchester development area. Good cash flow for investor at 13.6 GRM plus monthly expenses are very low. Tenants pay all utilities except for water. Property will not be delivered vacant. Subject to Los Angeles RSO. Four car carport plus uncovered parking spaces for 2 cars. Room to add an ADU. Property went through LAX soundproofing a few years ago with new double pane windows and ventilation. Property in fair condition owned by a contractor who's done upgrades over the years. Sewer line was replaced several years ago. 6,884 SF lot zoned R3-1, with a Medium Residential General Plan land-use designation. ZIMAS identifies the property as a Housing Element Site, within a Tier 3 Transit Oriented Communities (TOC) area, TOIA 2, and within one-half mile of a Major Transit Stop. The property is also identified as being within the Los Angeles Coastal Transportation Corridor Specific Plan. Buyer to cooperate with seller's 1031 exchange. Please call agent for more information. Inside with accepted offer.
Slava Ploshkin · DRE #02323623 · Hayden & Bach
Working with broker Joe Goodman, 25+ years in California real estate
4%below what similar homes nearby are asking
Good value per square foot
Per square foot it comes in under the local median, which is the comparison I trust more than the headline price.
Just came on
It is new to the market, so expect other buyers to be looking at it this week. If it fits, do not wait for the weekend open house.
Compared against 105 active CRMLS multi-unit properties within 3 miles, as of September 1, 2026 — current asking prices, not sold. Condition, updates, location and view can put a home well above or below these numbers, so treat this as orientation, not an appraisal.
Usually replies within the hour.
“You can tell they care about their clients and make the process a lot less stressful.”
Listing updated: September 1, 2026 at 12:38 PM
Listed by: Derrick Ruiz DRE #00919713, eXp Realty of Greater Los Angeles
Source: CRMLS, MLS#: 26928353, Originating MLS: California Regional MLS
We’ll help you find your home and represent you. Pick a time to talk.
Day
Time
Not locked in yet — we’ll confirm the exact time and text you.
Own a home nearby?
See what it's worth in today's market. A real number, no obligation.
More homes around Los Angeles in a similar price range.
Explore parks, streets, and what's around this home.
| Date | Event | Price |
|---|---|---|
9/01/2026 Source: CRMLS, #26928353 | Listed for sale | $1,399,000$395/sqft |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-01 12:38:36 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information