Development Dream Opportunity in Ladera/Westchester/Los Angeles! This property, zoned R3, is located in a dynamic and highly sought-after area, making it an ideal investment for developers. It offers a substantial buildable area, perfect for a larger multifamily residential project. With a generous lot size and significant allowable floor area, this parcel is poised to maximize your investment in a prime location. Property Details: Units 4; (2 x 2 Bedroom/1 Bath and 2 x 1 Bedroom/1 Bath) Features: Each unit includes in-unit washer & dryer hookups. Occupancy: Upon closing, 2 of the units will be delivered vacant, perfect for an owner-occupy buyer. Rent Status: All units are currently rented on a month-to-month basis. The property is conveniently located near the 405 freeway, LAX airport, shops, and restaurants, making it an attractive option for future tenants. Interior inspections will be subject to a written offer, loan approval, and proof of funds to close. Buyers are advised to do their due diligence regarding all information provided by the seller. The sellers are flexible and motivated, offering this property at a great value with endless possibilities. Please do not disturb the tenants.
Sold for $1,457,500 on 11/25/24
$1,457,500
7127 Ramsgate Ave, Los Angeles, CA 90045
7beds
4baths
3,567sqft
Multi Family
Built in 1955
-- sqft lot
$1,433,600 Zestimate®
$409/sqft
$3,212 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 25, 2024 at 04:03pm
Listed by:
Yolanda Washington DRE # 01217434 323-571-0872,
Yolanda Washington 323-571-0872
Bought with:
Antoine Bitar, DRE # 01997840
Jesse Weinberg
Source: CLAW,MLS#: 24-423813
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Central
Cooling
- None
Appliances
- Included: Built-In And Free Standing
- Laundry: In Unit
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 3,567
- Total interior livable area: 3,567 sqft
Property
Parking
- Total spaces: 4
- Parking features: Garage
- Garage spaces: 4
Features
- Levels: Multi/Split
Lot
- Size: 7,893 sqft
- Features: 2-4 Lots
Details
- Additional structures: None
- Parcel number: 4103021040
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Multi Family
Materials
- Roof: Composition
Condition
- Year built: 1955
Community & neighborhood
Security
- Security features: None
Location
- Region: Los Angeles
HOA & financial
Other financial information
- Total actual rent: 6150
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,433,600