7931 Reading Avenue, Los Angeles, California 90045, Los Angeles, 90045 - 3 bed, 1 bath

7931 Reading Avenue
Los Angeles, California 90045
Property Price
SUMMARY
Analysis of 7931 Reading Avenue, Los Angeles, California 90045 reveals a Fairly Priced Property with a current list price of $995,000 aligned with the estimated $995,805 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7931 Reading Avenue Subject | $995,000* List Price | 3 | 1 | 936 | $1,064 | - |
A 8711 8711 Lilienthal Avenue Sold | $1,010,000 | 3 | 1 | 993 | $1,017 | 0.6 mi |
B 8301 Reading Avenue Sold | $1,070,000 | 3 | 1 | 1,140 | $939 | 0.2 mi |
C 7842 Croydon Avenue Sold | $1,245,000 | 3 | 1 | 1,129 | $1,103 | 0.6 mi |
D 8734 Airlane Avenue Sold | $978,000 | 2 | 1 | 1,164 | $840 | 0.7 mi |
E 8436 Ramsgate Active | $899,900 List Price | 3 | 1 | 981 | $917 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several high-quality updates that elevate it above a standard 'fair' condition. Notable improvements include a brand-new professional-grade 6-burner stainless steel stove, newer energy-efficient double-paned windows, and well-maintained hardwood flooring throughout. The addition of modern lifestyle features like French doors and a ceiling-mounted projector system indicates the home has been updated to meet current buyer expectations, despite its 1946 build date and limited single-bathroom layout.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Center Street Elementary (9/10). Middle School: Richard Henry Dana Middle School (9/10).
- Entertainment-Ready Living Space
The home features a seamless indoor-outdoor flow with French doors leading to a private backyard, complemented by a ceiling-mounted projector system perfect for hosting gatherings.
- Key Functional Upgrades
Recent improvements including newer double-paned windows for energy efficiency and a premium brand-new 6-burner stainless steel gas stove provide immediate value and modern convenience.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home may present logistical challenges for families and could limit its competitive edge in the Westchester market.
- Compact Interior Square Footage
At just 936 square feet for a 3-bedroom layout, the individual room sizes and common areas are relatively small, which may feel restrictive for some buyers.
About 7931 Reading Avenue
Discover a rare opportunity to own a home that effortlessly blends comfort, character, and thoughtful upgrades. This inviting 3-bedroom, 1-bath residence showcases rich hardwood floors that flow seamlessly throughout, creating a warm and timeless foundation for everyday living. The heart of the home shines with a brand-new stainless steel 6-burner gas stove, perfect for culinary enthusiasts who love to cook and entertain. The main living space is designed to inspire connection, featuring a ceiling-mounted projector that transforms movie nights and gatherings into memorable experiences. Elegant French doors open gracefully from the living area to the back patio, creating a beautiful indoor-outdoor flow that enhances both daily living and special occasions. Step outside to your private retreat. The spacious, fully fenced backyard offers exceptional privacy and ample room for outdoor dining, relaxation, gardening, or play. The back patio invites you to unwind under the open sky, making it an ideal setting for entertaining guests or enjoying quiet evenings at home. Additional highlights include newer double-paned windows for enhanced comfort and energy efficiency, a double-wide driveway for convenient parking, and a 2-car garage providing generous storage and versatility. The covered front porch adds charm and curb appeal, while the inclined front yard elevates the home above street level, offering both distinction and an added sense of privacy. This property presents an exceptional combination of functionality, style, and inviting outdoor space, an opportunity not to be missed. Situated on a quiet, residential tree-lined street, the setting further enhances the home's sense of warmth, privacy, and neighborhood charm.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 6,002 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Westport Heights Elementary School
Grades K-5 • 0.4 mi
Oak Street Elementary School
Grades K-6 • 1.1 mi
Highland Elementary School
Grades K-6 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 936 | 1,802 | 3% |
| Lot Size | 6,002 | 6,104.5 | 37% |
| Price | $995.0K | $1.64M | 8% |
| Price per sq ft | $1.1K | $926 | 79% |
| Built year | 1946 | 1947 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 178 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$995,000
Initial Listing
Sold
May 2, 2008
$480,000
Public Record













