$2,895,000
8812 Reading Avenue, Los Angeles CA 90045
Multi-Family (8 Units)
Property type
164 days
On market
$448
Price per sqft
N/A
Garage
1991
Year built
6,884 sqft
Lot size
Open Houses
Overview
8812 Reading Avenue is a newer-vintage, eight-unit apartment building located in the highly desirable Westchester neighborhood of Los Angeles. Built in 1991, this property represents one of the more modern multifamily assets in the area, offering 6,464 SF of living space on a 6,882 SF lot. The building features all large two-bed / two-bath units. The property's superior...
Listing provided by: Steffan Braunlich DRE #01859098 310-209-3209, Berkadia
Listing updated: May 7, 2026 at 03:37pm.
Last checked: Jun 5, 2026 at 03:00pm
Source: CRMLS #25630723
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 8 | 2 | 2 | — | $2,304 | $18,432 | $20,760 | Unfurnished |
# of Buildings: 1
# of Units Total: 8
Financial Snapshot
Gross Rent Multiplier
13.1x
List Price / Annual Gross Rent
Cap Rate
4.29%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $124,177
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Multi Split
Garage and Parking
Parking: Controlled Entrance, Community Structure
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 4125016001
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 8812 Reading Avenue, Los Angeles, CA 90045. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,316,000
Total Interest
$2,953,930
Total Payment
$5,269,930
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$17,804
per month
Property History for 8812 Reading Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90045.
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