Financial
Distress signals
Property profile

8812 Reading Ave Los Angeles, CA 90045

OFF-MARKET
Other apartment buildings
Property ID
US10-0507297
6,464 SF 0.16 ac lot Built 1991
Last sale Aug 1994 · $515,000
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 8812 Reading Avenue is an eight-unit multifamily building constructed in 1991, containing 6,464 square feet of living space on a 6,882 square foot lot. The building is configured with eight units in a consistent layout, each with two bedrooms and two bathrooms, creating a uniform unit mix throughout the property. It is located in the Westchester neighborhood of Los Angeles.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$943k
Assessed land$234k
Assessed improvement$710k
Effective rate1.32%

Value estimate

· Sep 2026
$230k
$207k – $253k
AI approach$275k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$315/SF
ZIP average, outlier-cleaned · 40 recorded sales of this use type
Observed band · Q1–Q3$212 – $418
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LAR3
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.8
Butcher8.6
Wine and Liquor Store8.2

Location

8812 Reading Ave Los Angeles, CA 90045-4689
County assessor Recorded deeds · 8 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7344 Manchester, Los Angeles, CA 90045-2336 $3,000,000 May 2025 5,472 SF
6730 86th, Los Angeles, CA 90045-6704 $3,100,000 Jul 2024 7,711 SF
6656 86th, Los Angeles, CA 90045-3750 $3,037,030 Nov 2023 6,328 SF
6672 86th, Los Angeles, CA 90045-3752 $3,037,030 Oct 2023 6,328 SF
6640 86th, Los Angeles, CA 90045-3748 $3,037,030 Oct 2023 6,328 SF
8747 Reading, Los Angeles, CA 90045-4677 $500,000 Mar 2023 6,880 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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