Date
Details
Price
Change
Source
4/01/2026
Listed
$1,275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,275,000 Just Listed
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Property Description
This turnkey asset in Westchester is offered at $318,750 per unit. The 2,829 SF building on a 7,068 SF street-to-alley lot features (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, with a current 5.37% cap rate and 12.66 GRM, with additional upside through ADU development.
The interiors are fully upgraded with quartz countertops, shaker cabinets, new flooring, recessed lighting, stainless steel appliances, and an on-site coin-operated laundry room. Additional improvements include upgraded electrical panels, plumbing systems, and tankless water heaters.
The property also features (2) detached two-car garages, offering potential ADU conversion (buyer to verify). Zoned LAR3 with TOC Tier 3, the asset presents strong development potential in a rapidly growing Westchester submarket.
Tenants enjoy convenient parking and a prime location near LAX, Playa Vista, and Silicon Beach, with easy access to major employment hubs, retail, and transit. 8893 Reading Ave represents a turnkey opportunity with strong returns and future upside in one of Los Angeles' most sought-after rental markets.
Full Property Details
Full Property Details for 8893 Reading Ave
General
- Price: $1,275,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26067928
- Updated: 4/1/2026
- Days on Market: 3 days
- Added to Site: 3 day(s) ago
Interior
- Rooms/Areas: Kitchen
- Fireplace(s): None
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: Individual Room, Common Area
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 4
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: C29 - Westchester
- County: Los Angeles
- Development Name: C29 - Westchester
- Driving Directions: Reading Ave & W Manchester Ave, Reading Ave & W 88th St
- Direction Faces: East
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 5
Structural Information
- Roof: Asphalt
- Windows: Double-Pane Windows
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 2,829
- Year Built: 1950
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.1623
- Lot Size (Sq. Ft.): 7,068
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $450.69
- Price Per Unit: 318750
Listed by Lyon Stahl Investment Real Estate, Inc., Ryan Versfelt and Lyon Stahl Investment Real Estate, Inc., David Messiah
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Listing agents
— 8893 Reading Ave —
Ryan Versfelt
Lyon Stahl Investment Real Estate, Inc.
David Messiah
Lyon Stahl Investment Real Estate, Inc.
310-748-1445
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 8893 Reading Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Westport Heights Elementary School 6011 West 79th Street, Los Angeles, CA 90045 | K-5 | 0.8 mi |
Orville Wright Engineering And Design Magnet 6550 West 80th Street, Los Angeles, CA 90045 | 6-8 | 1.5 mi |
Katherine Johnson STEM Academy 8701 Park Hill Drive, Los Angeles, CA 90045 | 6-8 | 2.6 mi |
Westchester Enriched Sciences Magnet Health/Sports Medicine 7400 West Manchester Avenue, Los Angeles, CA 90045 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8893 Reading Ave
Tax History
Tax History for 8893 Reading Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,970
4%
$1,047,426
4%
2023
$12,525
5%
$1,006,755
2%
2022
$11,951
1%
$987,015
2%
2021
$11,795
-1%
$967,663
1%
2020
$11,914
4%
$957,741
2%
2019
$11,446
1%
$938,962
3%
2018
$11,292
2%
$915,552
2%
2017
$11,050
2%
$897,600
2%
2016
$10,787
55%
$880,000
58%
2015
$6,949
-1%
$557,847
2%
2014
$6,997
—
$546,921
—
2013
$6,991
—
$544,451
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8893 Reading Ave
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- Single Family
- Active
- Updated 1 day ago
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- 3Total Baths
- 1,403Sq. Ft.
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- Active
- Updated 1 day ago
- 2Beds
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- Commercial
- Active
- Updated 4 days ago
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- Single Family
- Active
- Updated 5 days ago
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- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 1,515Sq. Ft.
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8893 Reading Avenue, Los Angeles, CA 90045 (MLS# SB26067928) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 8893 Reading Avenue is currently listed for $1,275,000 and was received on April 01, 2026. Want to learn more about 8893 Reading Avenue? Do you have questions about finding other Multi-Family real estate for sale in Westchester? You can browse all Westchester real estate or contact a Coldwell Banker agent to request more information.