Los Angeles, CA 90045,8738 Ramsgate Ave
Los Angeles, CA 90045,8738 Ramsgate Ave
Los Angeles, CA 90045,8738 Ramsgate Ave
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$1,350,000
Est. payment /mo
5 Beds
2 Baths
3,128 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,128 sqft

Price per Sqft $431

MLS Listing ID 25571375

Bedrooms 5

Year Built 1952

Lot Size 6,820 Sqft

Acres 0.1566

Property Sub-Type Multi-Family

Property Description

8738 Ramsgate Ave is a tremendously well-kept three-unit property in the Westchester neighborhood of Los Angeles with approximately 51% upside in potential rents, exclusively represented by JNM Realty. The two (2) buildings feature a unit mix of one (1) 1-bed/1-bath unit (800 sqft) and two (2) two-bed/one-bath units (1,000 sqft each). The units are all renovated featuring vinyl flooring, updated countertops and cabinetry, and renovated bathrooms. Each unit has an onsite parking space and its own water heater. Tenants are responsible to pay their own trash expenses. The building is easy to manage, requiring no onsite manager and no major attention. JNM Realty has managed this building since 2019 and is available to continue managing for an investor or hand the keys off to a buyer to self-manage or a manager of the buyer's choice. A stone's throw from LAX (Los Angeles International Airport), the property is surrounded by hotels, parking lots, and restaurants, with a 2-minute drive proximity to the 405 Freeway, providing ample employment access for current and future tenants. Listed at $1,350,000, the property is listed as the lowest price per square foot of all duplex and triplexes sold in the 90045 zip code in 2025. You're getting the most property for the lowest price along with a potential upside of 51% in Rents!

Location

State CA

County Los Angeles

Area Westchester

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Air Conditioning

Flooring Vinyl Plank

Equipment Washer, Dryer, Refrigerator, Range/Oven

Laundry Community

Exterior

Parking Features Uncovered, Parking Space

Garage Spaces 3.0

Building

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by JNM Realty, INC.

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Kirshner Elkin Properties

+1(424) 214-0133

hello@kirshnerelkinproperties.com

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