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8934 Reading Ave, Los Angeles, CA 90045
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8934 Reading Ave Los Angeles, CA 90045

$1,900,000 Sold Price as of 05/17/2022
  • 28 Beds
  • 14 Baths
  • 4,202 Sq.Ft.
Sold
$1,900,000 Sold Price as of 05/17/2022 Refinance Your Mortgage
Map preview of 8934 Reading Ave, Los Angeles, CA 90045

Property Overview: 8934 Reading Ave Los Angeles, CA has 28 bedrooms, 14 bathrooms, 4,202 living square feet and 6,883 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fell out of Escrow and Back On The Market. This large 4 unit building wont last long. 4200 Sq ft. 10 bedrooms 5 baths. Public record says 9 bedrooms and 4 baths, but Seller has permits for the extra bedroom and bath. 3 units will be delivered vacant at the close of escrow including the 4 bedroom 2 bath owners unit. Owners unit includes Dacor range, dishwasher and microwave along with a Monogram refrigerator. The other three units are all 2 bedrooms 1 bath each. Central Air and Heat in owners unit only. All units have upgraded kitchens and baths. Interior inspection with accepted offer only. All offers must include proof of funds and pre-approval letter.

Listed by Paul Cargile | BRE #00840733 | Cargile & Company
Last checked: 6 minutes ago | Last updated: May 18th, 2022 | Source CRMLS | DOM: 149

Home details

Lot Sq. Ft
6,883
HOA Dues
$0/mo
Year built
1951
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
21102641
City
Los Angeles
County
Los Angeles
Time on Site
950 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,325
  • Total Rent: $1,325
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 4
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $5,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 8934 Reading Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Interior Features
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Roof: Composition
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 7
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 4
  • Parcel Number: 4125017001
  • Accessibility Features: None
Location / Neighborhood
Location Information
  • Directions: South of Manchester East of Airport Blvd, off Ramsgate
View more facts & features

Local Los Angeles Agent

Sale History for 8934 Reading Ave

Last sold for $1,900,000 on May 17th, 2022

  • May, 2022

  • May 17, 2022

    Date

    Sold

    CRMLS: 21102641

    $1,900,000

    Price

  • Nov 5, 2021

    Date

    Active

    CRMLS: 21102641

    $2,200,000

    Price

  • August, 2014

  • Aug 7, 2014

    Date

    Sold (Public Records)

    Public Records

    $540,000

    Price

  • November, 2012

  • Nov 20, 2012

    Date

    Sold (Public Records)

    Public Records

    $548,986

    Price

Show More

Tax History for 8934 Reading Ave

Assessed Value (2020): $594,042
Year Land Value Improved Value Assessed Value
2020 $406,605 $187,437 $594,042

Home Value Compared to the Market

This property vs the competition

8934 Reading Ave sold on May 17, 2022 for 94.69% higher than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $523.56 per/sqft which puts the price per square foot 30.56% lower than the current median sale per square foot for the city of Los Angeles.

About 8934 Reading Ave

Detailed summary of property

8934 Reading Ave is a multi family that recently sold in Los Angeles, CA 90045. This multi family property offered 28 bedrooms, 14 bathrooms, roughly 4,202 living square feet, and sits on an approximately 6,883 square foot lot. 8934 Reading Ave was first listed on ArdentRealEstateGroup.com on November 5, 2021. The homeowner sold the property for $1,900,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 94.69% higher than the current median priced home. Local homes that are currently for sale include 1722 W 85th St, 4726 4th Ave and 3008 Stocker St. While the average home in Los Angeles, CA is selling in 94 days, 8934 Reading Ave has a days on market of 149 days. There are currently 3859 homes for sale in the Los Angeles real estate market and 2609 of them are single family homes while 1145 of them are condos and 99 are townhomes. For more information on this home for sale at 8934 Reading Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8934 Reading Ave

Public county record property details
Beds
9
Baths
4
Year built
1951
Sq. Ft.
4,202
Lot Size
6,882
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
56
APN
4125-017-001

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,550,000
Median List Price/Sq.Ft.
$832
Median Sold Price
$1,565,000
Median Sold Price/Sq.Ft.
$896
Total Inventory
98
Median Sale to List Price %
94.91%
Avg Days on Market
26
Loan Type
Conventional (24.24%), FHA (0%), VA (0%), Cash (24.24%), Other (12.12%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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