8840 Reading Avenue

    Los Angeles (City), CA 90045
    • $4,100,000
    • STATUS: Closed
    • ON SITE: 261 days
    • ID#: 18327376
    Sold - 08/24/2018
    $4,100,000
    SOLD - 08/24/2018
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,990
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Ratings & Info

    Description

    REDUCED PRICE @ 4.31% CAP - We are proud to present to market the "Reading 8", a newly built (2018), 8 unit multifamily asset, located in the rapidly improving coastal residential enclave known as Westchester, within the city of Los Angeles. Composed of 6 (2 + 2) and 2 (1 + 1) units, this trophy like asset is equipped with luxury finishes to include, rooftop decks, balconies, in-unit washer/dryers, and security cameras. The units all have a large, open living room / kitchen area, and high-end finishes throughout. Unlike many buildings, the Westchester 8 is separately metered for all major utilities (water, gas, and electricity) resulting in dramatically lower operating costs. Call listing agents for more info!

    Sold by Subscriber Non of Non-Participant Office.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T12:28:51.93. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/82087011

    8840 Reading Avenue Los Angeles (City), CA 90045

    • Price: $4,175,000
    • Status: Closed
    • Updated: 55 min ago
    • ID#: 18327376
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    7,990
    SQFT
    $0
    $/SQFT
    2018
    Built
    Neighborhood:
    C29 - Westchester
    County:
    Los Angeles
    Area:
    C29 - Westchester
    Property Description
    REDUCED PRICE @ 4.31% CAP - We are proud to present to market the "Reading 8", a newly built (2018), 8 unit multifamily asset, located in the rapidly improving coastal residential enclave known as Westchester, within the city of Los Angeles. Composed of 6 (2 + 2) and 2 (1 + 1) units, this trophy like asset is equipped with luxury finishes to include, rooftop decks, balconies, in-unit washer/dryers, and security cameras. The units all have a large, open living room / kitchen area, and high-end finishes throughout. Unlike many buildings, the Westchester 8 is separately metered for all major utilities (water, gas, and electricity) resulting in dramatically lower operating costs. Call listing agents for more info!
    Exterior Features

    Architectural Style Contemporary Garage Spaces 14.00 Lot Size Units Square Feet Parking Features Covered Parking Parking Total 14.00 Parking YN Yes

    Interior Features

    Interior Features Balcony

    Property Features

    Cap Rate 4.31 Gross Multiplier 15.76 Gross Operating Income 264900.00 Net Operating Income 179782.00 Security Features 24 Hour Security Special Listing Conditions Standard Total Expenses 85119.00 Zoning Lar3

    Listing provided courtesy of Casey Lins of Re/Max Estate Properties and Scott Rosenberg of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-15T12:28:51.93. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094