9050 Reading Ave, Los Angeles, CA 90045

6 beds4 baths3,090 sqft

For Sale
$919,000
Zestimate®: $921,414
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My Notes

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The ID realty proudly presents this totally rehabbed 4 unit building in the heart off a up and coming Westchester neighborhood. Brand new roof, gutter system, freshly painted , plumbing upgrades , landscape, and one totally rehabbed unit, this building has great curb appeal and perfect for an investor who wants a trouble free and low expenses building, in an area that is only getting better. Huge lot with lots of parking in the back. Great opportunity, and lots of upside in rents.DRIVE BY ONLY, and please agents and buyers don't walk the property, tenants are not aware of the sale.

Facts

  • Lot: 8,031 sqft
  • Single Family
  • Built in 1950
  • 13 days on Zillow
  • Cooling: None
  • Heating: Other
  • Last sold: Feb 2014 for $500,000
  • Last sale price/sqft: $162
  • MLS #: 15-878585

Features

  • Parking: 4 spaces

      Construction

      • Roof type: Other
      • Stories: 1
      • Structure type: Ranch
      • Unit count: 4

      Other

      • Floor size: 3,090 sqft
      • Last remodel year: 1950
      • Parcel #: 4125011047
      • Zillow Home ID: 20390413

      Zestimate Details

      Zestimate
      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      $921,414
      -$1,039 Last 30 days
      $848K
      $1.01M
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      $2,724/mo
      +$40 Last 30 days
      $1.3K
      $4.4K
      Zestimate range
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      $XXX,XXX
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      Comparable Homes

      Homes like this sold for $570K-1.0M.

      $500K
      $1.31M

      Popularity on Zillow

      437 views since listing
      4,722 all-time (chart)
       

      Home Expenses

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      Neighborhood

      Market guide

      Zillow predicts Westchester home values will fall 1.1% next year, compared to a 0.2% rise for Los Angeles as a whole. Among Westchester homes, this home is 11.3% more expensive than the midpoint (median) home, but is priced 46.1% less per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In Westchester, the number of foreclosures waiting to be sold is 24.3% less than in Los Angeles, and 13% greater than the national average. This lower local number could help Westchester home values rise more quickly than other regions in Los Angeles.

      Learn more about forecast calculations or Westchester home values.
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        Nearby Schools in Los Angeles

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