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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

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    $3,212/mo

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    $3,212/mo

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    $9,136/mo

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    $9,136/mo

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    What's special

    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.

    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#: 24-423813MLS Logo

    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
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    Estimated market value
    $1,433,600