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

7931 Reading Avenue, Los Angeles, California 90045 home-pic-0

7931 Reading Avenue

Los Angeles, California 90045

ACTIVE
CONDITION: GOOD
3Beds
1Baths
936Sq Ft
6,002Lot Size

Property Price

LIST PRICE$995,000
EST. MARKET VALUE
$995,805

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

$995,805
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
7931 Reading Avenue
Subject
$995,000*
List Price
31936$1,064-
A
8711 8711 Lilienthal Avenue
Sold
$1,010,00031993$1,0170.6 mi
B
8301 Reading Avenue
Sold
$1,070,000311,140$9390.2 mi
C
7842 Croydon Avenue
Sold
$1,245,000311,129$1,1030.6 mi
D
8734 Airlane Avenue
Sold
$978,000211,164$8400.7 mi
E
8436 Ramsgate
Active
$899,900
List Price
31981$9170.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

5/10

Oak Street Elementary School

Grades K-6 • 1.1 mi

4/10

Highland Elementary School

Grades K-6 • 1.1 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths1.02.0
13%
Square foot9361,802
3%
Lot Size6,0026,104.5
37%
Price$995.0K$1.64M
8%
Price per sq ft$1.1K$926
79%
Built year19461947
41%
HOA$0$0
50%
Days on market2178
1%

Pricing History

Listed for Sale

Mar 5, 2026

$995,000

Initial Listing

Sold

May 2, 2008

$480,000

Public Record

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