Turnkey Quadplex with Coin
For Sale
Contact for pricing
8893 Reading Avenue, Los Angeles, CA 90045
Four-unit building with one 2-bedroom unit and three 1-bedroom units plus an on-site coin-operated laundry room.
Property Size2,829 SF
Lot Size0.16 Acres
Days on Market143
Property Features for 8893 Reading Avenue
General Information
Standard status
Active
Size
2,829 SF
Lot size
0.16 Acres
Property subtype
Multifamily
Zoning
LAR3
Additional Details
Cap Rate
5.37%
Multifamily Units
4
Amenities
on-site coin-operated laundry room
Building Details
Tenancy
Multi
Listing Agency:
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed By:
Ryan Versfelt · License #02212779
Source:
Crexi
Added: Apr 2
Changed: Aug 8
Last Checked: Jul 23 at 6:46AM
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.
A turnkey quadplex on a street-to-alley lot with a 2,829 SF building and 7,068 SF lot. The property consists of (1) 2-bed/1-bath unit and (3) 1-bed/1-bath units, supported by an on-site coin-operated laundry room. Interiors are fully upgraded with quartz countertops, shaker cabinets, new flooring, recessed lighting, and stainless steel appliances.
Additional property improvements include upgraded electrical panels, plumbing systems, and tankless water heaters. Two detached two-car garages are included, offering potential for ADU development (buyer to verify). The asset is zoned LAR3 with TOC Tier 3.
Current performance metrics listed for the property include a 5.37% cap rate and 12.66 GRM. Located in Westchester, it is described as convenient to LAX, Playa Vista, and Silicon Beach, with access to major employment hubs, retail, and transit.
Additional property improvements include upgraded electrical panels, plumbing systems, and tankless water heaters. Two detached two-car garages are included, offering potential for ADU development (buyer to verify). The asset is zoned LAR3 with TOC Tier 3.
Current performance metrics listed for the property include a 5.37% cap rate and 12.66 GRM. Located in Westchester, it is described as convenient to LAX, Playa Vista, and Silicon Beach, with access to major employment hubs, retail, and transit.
Key Highlights
- 2,829 SF four‑unit building on a 7,068 SF street‑to‑alley lot with one 2BD/1BA unit and three 1BD/1BA units
- Current 5.37% cap rate and 12.66 GRM
- Fully upgraded interiors with quartz countertops, shaker cabinets, new flooring, recessed lighting, and stainless steel appliances
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,573
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit building with one 2-bedroom unit and three 1-bedroom units plus an on-site coin-operated laundry room.
Where is this quadplex located?
The property is located at 8893 Reading Avenue Los Angeles, CA.
What are key features of this property?
This property features: 2,829 SF four‑unit building on a 7,068 SF street‑to‑alley lot with one 2BD/1BA unit and three 1BD/1BA units; Current 5.37% cap rate and 12.66 GRM; Fully upgraded interiors with quartz countertops, shaker cabinets, new flooring, recessed lighting, and stainless steel appliances
