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$1,088,000
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House -
Off Market
8224 READING Avenue
Los Angeles, CA 90045
3 Beds
1 Bath
936 Ft²
$1,345,300
RealtyHop Estimate
34.80%
Since Oct 1, 2020
CA-Los Angeles
Primary Model
About This Property
Welcome to this reimagined mid-century modern home in Westchester
sitting on a corner lot! The extra large front yard showcases an
updated facade & landscaping for added privacy. As you step inside,
you'll notice the gorgeous, tasteful designer touches throughout.
The living rm flows seamlessly into the dining area/kitchen. Quartz
counters w/ bar seating, SS appliances, grey Bedrosians subway
tiles, gold finishes & pendant lights overlooking the living space,
perfect for hosting. Head back to the outdoor area & entertain
guests on the patio in the privatized landscaped backyard. Home
includes a larger bedroom & 2 additional rooms w/ complete bath
featuring a soaking tub & combination rain shower w/ ceramic tile
backsplash & double Quartz vanities w/ Restoration Hardware
fixtures. W/D hookups in laundry rm. Home design by renown designer
Iconic Design. This great starter home is just minutes from LAX,
beaches & all of the shopping, dining & entertainment that Silicon
Beach has to offer!
Unit Size
936 Ft²
Days on Market
40 days
Land Size
0.15 acres
Price per sqft
$1,066
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1946
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CLAW #20595120)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| Jul 25, 2020 | Listed by Keller Williams Silicon Beach | $998,000 | |
| Listed by Keller Williams Silicon Beach | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
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ft²
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About West Los Angeles
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Listed by: Alicia Rivett, Keller Williams Silicon Beach
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20595120
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 20595120
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