8748 Reading Avenue

    Los Angeles (City), CA 90045
    • $4,600,000
    • STATUS: Closed
    • ON SITE: 196 days
    • ID#: 19421190
    Sold - 03/18/2019
    $4,600,000
    SOLD - 03/18/2019
    • 10
      BEDS
    • 0.16
      ACRES
    • 20
      BATHS
    • 0
      1/2 BATHS
    • 9,422
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Ratings & Info

    Description

    FOR SALE - 10 brand new luxurious Townhomes. Situated in the highly desirable Westchester submarket. Completed in 2018. Each unit has modern interiors with many amenities including: custom italian style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private rooftop decks. 7 out of 10 townhomes have been pre-leased. Contact listing agent for Offering Memorandum. Property is approximately 9,422 sq. ft. gross, plus garage. *Property will be sold "AS IS" condition with a deed restriction preventing it from being converted to condos for 10 years from date of CofO.

    Sold by Paul Schon BRE#01959494 of Schon Tepler Realty, Inc.

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    Based on information from CARETS as of 2019-07-23T23:50:57.573. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.sellbuyla.com/homes/90700512

    8748 Reading Avenue Los Angeles (City), CA 90045

    • Price: $5,000,000
    • Status: Closed
    • Updated: 220 min ago
    • ID#: 19421190
    10
    Beds
    20
    Baths
    0
    ½ Baths
    0.16
    Acres
    9,422
    SQFT
    $0
    $/SQFT
    2018
    Built
    Neighborhood:
    Westchester (C29)
    County:
    Los Angeles
    Area:
    Westchester (C29)
    Property Description
    FOR SALE - 10 brand new luxurious Townhomes. Situated in the highly desirable Westchester submarket. Completed in 2018. Each unit has modern interiors with many amenities including: custom italian style kitchens, quartz countertops, in-unit washer & dryer, modern appliances, deep soaking tubs, Nest Thermostats, secured building and private rooftop decks. 7 out of 10 townhomes have been pre-leased. Contact listing agent for Offering Memorandum. Property is approximately 9,422 sq. ft. gross, plus garage. *Property will be sold "AS IS" condition with a deed restriction preventing it from being converted to condos for 10 years from date of CofO.
    Exterior Features

    Parking Spaces Total 10 Parking Type Garage Is Attached

    Interior Features

    Cooling Type Air Conditioning Heating Type Other Interior Features Other Total Floors 2 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Unfurnished Unit Furnished04 Unfurnished Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 2.0 Unit Number Of Bath02 2.0 Unit Number Of Bath03 2.0 Unit Number Of Bath04 2.0 Unit Number Of Bed01 1 Unit Number Of Bed02 1 Unit Number Of Bed03 1 Unit Number Of Bed04 1

    Property Features

    Adjusted Gross Income 302940.00 Assessed Improvement Value 181221.00 Assessed Land Value 403865.00 Country United States Of America Expense Total Annual 87865.00 Gross Operating Income 302940.00 Gross Rent Multiplier 16.50 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 205986.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Estimated Unit Monthly Rent01 2800.00 Unit Monthly Rent02 2700.00 Unit Monthly Rent03 2695.00 Unit Monthly Rent04 750.00 Unit Projected Total Monthly Rent01 5600.00 Unit Projected Total Monthly Rent02 16200.00 Unit Projected Total Monthly Rent03 2695.00 Unit Projected Total Monthly Rent04 750.00 Unit Total Monthly Rent01 5600.00 Unit Total Monthly Rent02 16200.00 Unit Total Monthly Rent03 2695.00 Unit Total Monthly Rent04 750.00 Unit Type01 2 Unit Type02 6 Unit Type03 1 Unit Type04 1 Units Total In Complex 10 Zoning Lar3

    Listing provided courtesy of Paul Schon DRE#01959494 of Schon Tepler Realty, Inc.


    Based on information from CARETS as of 2019-07-23T23:50:57.573. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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