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8-Unit Apartment Building
New
For Sale
$3,875,000

8836 Reading, Los Angeles, CA 90045

Completed in 2020, the residential property contains eight rental units.

Property Size8,000 SF
Days on Market2

Property Features for 8836 Reading

General Information

Standard status Active
Size 8,000 SF
Property subtype Investment

Additional Details

Multifamily Units 8

Building Details

Building Size 8,000 SF
Year Built 2020
Buildings 1
Units 8
Listed By: Reza Tefagh
Source: Elliman
Added: Sep 26 Last Checked: Sep 26 at 3:19PM

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 Reza Tefagh

Investment Insights

Based on property information with market context.

This eight-unit residential property was built in 2020. The units, shared areas, and utility areas are described as being in well-kept condition.

At 8836 Reading in Los Angeles, the property has a Walk Score of 40, a Bike Score of 36, and a Transit Score of 44. The associated ratings characterize the area as car-dependent, somewhat bikeable, and served by some transit.

Key Highlights

  • Eight residential units
  • Built in 2020
  • Walk Score 40; Car‑Dependent

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

Lease Details

8
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Apartment building - Completed in 2020, the residential property contains eight rental units.
Where is this apartment building located?
The property is located at 8836 Reading Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,875,000.
What are key features of this property?
This property features: Eight residential units; Built in 2020; Walk Score 40; Car‑Dependent
More about this property
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