Apartment for sale in Southern California — $1,349,000. Back on the market, buyer failed to perform! - Presenting a rare opportunity to acquire a premier residential asset in one of Westside Los Angeles’ most resilient submarkets. Held by the same ownership for over a quar…
$1,349,000
8912 Reading, Los Angeles, CA 90045
Back on the market, buyer failed to perform! - Presenting a rare opportunity to acquire a premier residential asset in one of Westside Los Angeles’ most resilient submarkets. Held by the same ownership for over a quarter-century, 8912 Reading Avenue represents a strong addition to any portfolio, combining immediate cash-flow stability with significant medium-term appreciation including development and owner/user potential. This 4-plex features a high-demand mix of spacious 2-bedroom, 1-bathroom floor plans. These units are perfectly scaled to capture the Silicon Beach professional, LMU faculty/student base, and the aerospace workforce. This particular pocket is booming with new developments from institutional grade builders. The property currently grosses almost $90k annually with over 35% rental upside and sits on a generous 6,944 sf lot with 3,542 sf of building per the assessor.
Listing updated: July 8, 2026 at 12:02 PM
Listed by: Ian Petas, Keller Williams Realty
Source: CRMLS, MLS#: SB26068023, Originating MLS: California Regional MLS
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| Date | Event | Price |
|---|---|---|
3/30/2026 Source: CRMLS, #SB26068023 | Listed for sale | $1,349,000 |
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