Under contract
  • Listing Provided by: 

    Robyn Biener DRE #00775787 310-717-5804,

    Vista Sotheby’s International Realty,

    Alicia Greene DRE #00773849 310-546-7611,

    Vista Sotheby’s International Realty

    Price cut: $125K (10/8)
    $1,525,000

    7137 Ramsgate Ave, Los Angeles, CA 90045

    22beds
    20baths
    5,185sqft
    : 
    Multi Family
    Built in 1959
    -- sqft lot
    $1,519,900 Zestimate®
    $294/sqft
    $-- HOA

    What's special

    Nestled in the heart of the highly desirable Westchester neighborhood, 5-unit property offers an exceptional investment opportunity. The complex comprises a spacious 3-bedroom, 1.5-bathroom unit featuring a cozy fireplace and A/C, along with four 2-bedroom, 2-bathroom units, each equipped with A/C. The property boasts a stable tenant base, including some Section 8 tenants, ensuring consistent and guaranteed rental income. Most tenants are long-term. Residents benefit from an on-site community laundry room and a shared backyard area, perfect for barbecues and gatherings. The property's prime location offers unparalleled convenience, situated just minutes from the 405 and 105 freeways, providing easy access to major transportation routes. It's also in close proximity to Ladera Heights Shopping Center, Westfield Shopping Center, beautiful beaches, and popular local attractions such as LAX, SoFi Stadium, Intuit Dome, and Hollywood Park Casino. This multi-family property combines comfort, convenience, and strong income potential, making it a standout addition to any investment portfolio.
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