Westchester's Finest Fourplex, a brand new fully remodeled and 100% vacant masterpiece estate sitting among tropical garden. Prime investment opportunity for investors to hold and collect massive income (call for more info), or tear-down and develop a beautifully designed Modern Spanish 10 units building (demo-permit in hand and city approved building plans are available with the sale) in an A1 centrally superior location that can't be compromised. Gated oasis compound on a beautiful tree-lined street in quite Westchester Triangle neighborhood, amazing prime and central location on the Westside of Los Angeles. Huge deep lot with over 25 mature trees, 100ft high palm trees, lemon, blackberries, mint, flowering, Hawaiian trees, etc. Short bike ride from the wetlands and beach, nice walk to Central Park PV and Bluff Creek trails, right by Kenneth Hahn State Rec Area for jaw-drop views while hiking or biking. A truly paradise estate in astonishing nature with a vacation feeling and relaxed suburbs vibe. Elevated property offering great views of the surrounding hills and canyons landscape. All units are separately metered for gas/electricity and enjoy both front/back doors for a private bungalow-living sensation. Live in the luxurious spacious front unit while renting the rest of property for extra income, or rent out the whole property for max rental income. Check with city to convert the current ~1,100 sqft four-car garages into fully permitted two ADU-JADU for a total of 6 units on sight. Demo-Permit in hand, amazing opportunity to build a 10-units apartment building by right market rates, or a 15-units apartment building utilizing LAMC 12.22A25 density bonus with setting aside 3 units for affordable housing. This fantastic one of a kind investment/development opportunity is located in the highly desirable and sought-after Westchester neighborhood of west side Los Angeles nearby (~5min drive) LAX, LMU, HHLA Center, SoFi LASED, The Forum, Westchester Village & Town Center, Westfield CC Shopping Mall, Playa Vista Runway, Kenneth Hahn State Rec Area, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship and walking distance (~5min walk) to everything needed at Ladera Center Shopping Mall & The Interchange @ La Cienega; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Ballona Wetlands, Pacific Ocean, Playa Del Rey, Marina Del Rey, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Calling all investors, developers, flippers, and owners/users who are looking to invest and expand or build their State-of-the-art 10 NON-RENT CONTROL Luxurious Units Apartment Building With 360-Degree Amazing Views Rooftop Deck (Astonishing portfolio addition that's worth at $12M after construction value). The property is delivered vacant, shovel-ready and comes with a city-approved set of plans to build a beautifully designed Modern Spanish building. Seller will provide the original plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential. A Must See!
Off market
Street View
$1,532,100
7133 Ramsgate Ave, Los Angeles, CA 90045
6beds
3,291sqft
MultiFamily
Built in 1950
-- sqft lot
$1,532,100 Zestimate®
$466/sqft
$3,832 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
 - Bathrooms: 4
 - Full bathrooms: 4
 
Heating
- Wall, Gas
 
Cooling
- Central, Wall
 
Appliances
- Included: Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
 
Features
- Flooring: Tile, Hardwood, Linoleum / Vinyl
 - Furnished: Yes
 
Interior area
- Total interior livable area: 3,291 sqft
 
Property
Parking
- Total spaces: 6
 - Parking features: Garage - Attached
 
Features
- Has view: Yes
 - View description: Territorial
 
Lot
- Size: 8,250 sqft
 
Details
- Additional structures: Accessory Bldgs, Cabana
 - Parcel number: 4103021006
 
Construction
Type & style
- Home type: MultiFamily
 
Condition
- Year built: 1950
 
Community & neighborhood
Location
- Region: Los Angeles
 
Other
Other facts
- County: Los Angeles
 - Equipment: Garbage Disposal, Range/Oven, Refrigerator, Other, Alarm System, Built-Ins, Ceiling Fan, Dryer, Hood Fan, Microwave, Vented Exhaust Fan, Washer, Ice Maker, Freezer, Intercom, Barbeque, Network Wire, Recirculated Exhaust Fan
 - ListingStatus: Active
 - PropertyType: Residential Income
 - ParkingGarage: Driveway - Concrete, Gated, Garage - 4+ Car, Above Street Level, Private Garage, Built-In Storage, Garage Is Attached, Controlled Entrance, Parking for Guests - Onsite, Side By Side, Driveway Gate, Oversized
 - Heating: Floor Furnace, Wall Gas
 - Cooling: Wall Unit(s), Air Conditioning, Ceiling Fan
 - UnitFurnished1: Yes
 - SourceLotSizeArea: Developer
 - UnitFurnished2: Yes
 - SourceLivingArea: Estimated
 - OtherStructures: Accessory Bldgs, Cabana
 - ListingArea: Westchester
 - Country: US
 - SourceLotSizeDimensions: Developer
 - UnitTypeType: 2106, 2107
 
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Estimated market value
$1,532,100