Residential 4-Plex Income
For Sale
$1,349,000
Pending
8912 Reading, Los Angeles, CA 90045
Four-unit residential building with spacious 2-bedroom, 1-bath apartments and current gross income near $90,000 annually.
Property Size3,542 SF
Lot Size0.16 Acres
Days on Market161
Property Features for 8912 Reading
General Information
Standard status
Pending
Size
3,542 SF
Lot size
0.16 Acres
Property subtype
Apartment
Additional Details
Multifamily Units
4
Building Details
Building Size
3,542 SF
Year Built
1951
Tenancy
Multi
Listing Agency:
Keller Williams Realty
Listed By:
Ian Petas · License #01445698
Source:
Evecap
Added: Mar 30
Changed: Aug 25
Last Checked: Aug 24 at 12:37PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
8912 Reading Avenue is a four-unit (4-plex) residential income property offering spacious 2-bedroom, 1-bath floor plans. The building is listed with 3,542 SF of building area and sits on a 6,944 SF lot per the assessor. Ownership has been held by the same party for more than a quarter-century, and the property is presented as a cash-flowing asset with the potential for medium-term upside.
Located in Los Angeles, CA 90045, the unit mix is described as well-suited to local demand, including the Silicon Beach professional base and the LMU faculty/student community, as well as the broader aerospace workforce. The property is currently reported to gross almost $90,000 annually, with the remarks noting additional rental upside.
For investors or owner-users seeking a small multifamily asset with an all-residential configuration, the 4-plex layout and current income profile may be of interest, supported by the provided assessor details regarding land and building size.
Located in Los Angeles, CA 90045, the unit mix is described as well-suited to local demand, including the Silicon Beach professional base and the LMU faculty/student community, as well as the broader aerospace workforce. The property is currently reported to gross almost $90,000 annually, with the remarks noting additional rental upside.
For investors or owner-users seeking a small multifamily asset with an all-residential configuration, the 4-plex layout and current income profile may be of interest, supported by the provided assessor details regarding land and building size.
Key Highlights
- 4‑plex with spacious 2‑bedroom, 1‑bath apartments
- Current gross income almost $90,000 annually
- Over 35% rental upside reported
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential building with spacious 2-bedroom, 1-bath apartments and current gross income near $90,000 annually.
Where is this quadplex located?
The property is located at 8912 Reading Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 4‑plex with spacious 2‑bedroom, 1‑bath apartments; Current gross income almost $90,000 annually; Over 35% rental upside reported
