New

$1,150,000

For Sale

9 hours ago

9024 Reading Avenue, Los Angeles, CA

Name: 9024 Reading Avenue, For Sale in Los Angeles - eXp Realty
Brand: eXp Realty of Greater Los Angeles
SKU: 26868891
Price: 1150000 USD

House

MLS® 26868891

5 Bed

3 Bath

1980 sqft

2 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 1980 sqft

Garage Yes

Taxes

Days Active 0

Lot Size 0.1566 Acres

Approx. Age 1950

Avg. Price Per Sqft $580

MLS® Number 26868891

Property Address: 9024 Reading Avenue, Los Angeles, CA, 90045

Average square foot calculated using Size range provided by listing agent.

Description

Rare Westchester land/redevelopment opportunity in one of LA's most active TOC Tier 3 corridors. Single-story triplex on a 6, 822 SF LAR3 lot, directly adjacent to a fully-permitted, under-construction 77-unit multifamily development, active proof of this pocket's density-bonus potential. Zoned LAR3, TOC Tier 3, within a Transit Priority Area and High Quality Transit Corridor. Ideal for a developer evaluating this corridor's redevelopment potential. The next door neighbor/owner has also indicated interest in selling his triplex as a package, which would make a combined 13, 655 square foot lot. This is a land/entitlement play; pricing reflects the site's TOC Tier 3 density-bonus potential, not the existing triplex. Adjacent parcel to the north (9020 Reading) same tract, nearly identical lot size and zoning is owned by a confirmed, motivated seller. This creates a credible, near-term assemblage path for a buyer pursuing greater density under the neighborhood's TOC Tier 3 / density bonus framework see the 77-unit project currently under construction one parcel south (9030/9038 Reading) as a real precedent for what this corridor supports. RSO applies to subject; City data indicates a likely SB 330 replacement-housing consideration on any redevelopment scenario buyers should have counsel review before finalizing offers contingent on that path. Airport height overlay caps redevelopment at 100' above elevation 111. See TOC/density bonus eligibility flags (SB 9, SB 35, SB 79, SB 684) noted in listing file. Seller open to all reasonable offers. Property will NOT be delivered vacant. Sold as is with no repairs or termite. DISCLAIMER: All zoning, entitlement, density bonus/TOC, adjacent ownership/seller intent, adjacent construction, rent control, replacement housing, and other regulatory or factual information referenced herein is provided for informational purposes only, derived from third-party/public sources not independently verified by listing broker or seller, and not warranted as accurate or current.

MLS® Number26868891

Laundry Level

Central VacNo

FireplaceYes

Acreage

Exterior

GarageYes

Approx. Age1950

Basement

DrivewayDetached Carport

Garage Spaces

Heat

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 5, 2026List Date

$1,150,000List Price

Home Appraisal

This property is estimated to sell between: $1,150,000 and $1,677,000.

Similar properties in this area sold on average for: $1,501,250

Expected to sell in 71 days. Similar properties sold in 71 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Destination Address

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Listing Agent

Derrick Ruiz

[email protected]

(310) 308-3174

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