Los Angeles, CA 90045 9038 Reading Avenue
$1,200,000
14 more
Presented By: Don Favia with Realty Investment Advisors, Inc.;
Home Details
We are pleased to present an exceptional investment opportunity in the heart of Westchester. This triplex, featuring two one-bedroom, one-bath units and one two-bedroom, one-bath unit, offering immediate rental income for investors and owner-users. Notably, one of the one-bedroom units, currently vacant, has been completely renovated with a new kitchen and fixtures, new bathroom and fixtures, new cabinets, new sink, new floors, new ceiling fans, new closet doors, new faux wood blinds, and new lighting throughout. Additionally, the property offers three single-car garages, all located in a separate structure, which is ripe for an ADU conversion, subject to state and local laws. The property is also available with the adjacent property at 9030 Reading, which can be sold individually or together as a development opportunity. The prime location, close to major employers, beaches, new stadium, and vibrant commercial hubs, combines convenience and lifestyle, making it an attractive option for a wide range of potential tenants. Offers subject to inspection.
Presented By: Don Favia with Realty Investment Advisors, Inc.;
Interior Features for 9038 Reading Avenue
Bedrooms
Total Bedrooms4
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Total Stories2
General for 9038 Reading Avenue
Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingCash, Conventional
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
Days on Market35
DirectionsSouth from Manchester & Ramsgate intersection.
Facing DirectionWest
Full Baths
Garage Spaces3.0
Garage Y/NYes
Gross Income53930.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6823.0
Lot Size UnitsSquareFeet
MLS AreaC29 - Westchester
MobileHomeRemainsYNNo
Net Operating Income27343.0
New ConstructionNo
NumberOfUnitsTotal3
Private PoolNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories2
View Y/NNo
Waterfront Y/NNo
Year Built1950
ZoningLAR3
Exterior for 9038 Reading Avenue
Building Area Total2364.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1566
Lot Size Area6823.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesNone
SpaNo
Total Parking3.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480