Turnkey Quadplex with Coin
8893 Reading Avenue Los Angeles, CA 90045
8893 Reading Avenue, Los Angeles, CA, 90045
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For Sale
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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 Market113
Property Features for 8893 Reading Avenue
General Information
- Standard status
- Active
- Size
- 2,829 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
Listing agency
Lyon Stahl Investment Real Estate
(310) 425-9838
Listed by
Ryan Versfelt · License #02212779
Source
Crexi
Added: Apr 2 Updated: Jul 23 at 6:46AM 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
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
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
