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Quadplex with Separately Metered Units
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Pending

8939 Reading Ave, Los Angeles, CA 90045

Quadplex on a favorably zoned R3 lot with separately metered gas and electricity and on-site garage parking spaces.

Property SizeContact for details
Days on Market122

Property Features for 8939 Reading Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: Lyon Stahl Investment Real Estate
Listed By: Evelyn Baez · License #CA 02103055
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 7:49AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate

Investment Insights

Based on property information with market context.

This four-unit quadplex includes a 2,829 SF building with a unit mix of one 2-bedroom, 1-bath unit and three 1-bedroom, 1-bath units. All four units are separately metered for gas and electricity, providing independent utility measurement for each unit.

The property includes a 7,005 SF lot and offers ample parking, with each unit having its own garage parking space. The site is identified as favorably zoned R3 with a Tier 3 TOC density bonus.

Whether held as a rental building or evaluated for future site redevelopment possibilities, the offering combines multiple separately metered units with dedicated parking and redevelopment potential tied to the R3 and Tier 3 TOC density bonus details.

Key Highlights

  • Four‑unit quadplex with a 2 Bed/1 Bath unit and three 1 Bed/1 Bath units
  • 2,829 SF building on a 7,005 SF lot
  • Each unit is separately metered for gas and electricity

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Wine and Liquor Store Bakery Fish Market Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,573
Businesses Nearby

Demographics for 90045, CA

41,035
Population
17,981
Households
2.3
Avg Household Size
36
Median Age
64%
College-Educated
96%
High-School Grad
10.8 sq mi
ZIP Area
3,800
Density / Sq Mi
$132,577
Median Household Income
$68,684
Median Earnings
$2,909
Median Rent
$1,322,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex on a favorably zoned R3 lot with separately metered gas and electricity and on-site garage parking spaces.
Where is this quadplex located?
The property is located at 8939 Reading Ave Los Angeles, CA.
What are key features of this property?
This property features: Four‑unit quadplex with a 2 Bed/1 Bath unit and three 1 Bed/1 Bath units; 2,829 SF building on a 7,005 SF lot; Each unit is separately metered for gas and electricity
More about this property
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