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8716 Ramsgate Avenue
Los Angeles, CA 90045
Sold
8716 Ramsgate Avenue
Los Angeles, CA 90045
Sold
We are proud to present an exceptional investment opportunity in the heart of Westchester, Los Angeles. This fully vacant fourplex, with four spacious two-bedroom one bath units, offers a remarkable opportunity for value-add investors and owner-users alike. The ability to create high-quality housing options, ready to be rented at market rates after the Ellis Expiration on November 3, 2023, presents a compelling prospect. Furthermore, the potential to add Accessory Dwelling Units (ADUs), subject to state and local laws, enhances the property's appeal. Situated in Westchester, a thriving neighborhood known for its economic strength and rapid growth, this property is poised to capitalize on the flourishing rental demand. Its strategic location near major employers, renowned educational institutions, and proximity to Playa Del Rey offers a lifestyle of convenience and relaxation, further boosting its attractiveness to potential tenants.
PROPERTY INFORMATION
| MLS # | 23260051 | Lot Size | 6,820 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,400,000
Price Per SqFt: $ 429 |
DOM | 748 Days |
| Address | 8716 Ramsgate Avenue | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,260 Sq. Ft. |
| Postal Code | 90045 | Garage | N/A |
| County | Los Angeles | Year Built | 1951 |
| Bed / Bath | 8 / 0 | Parking | 4 |
| Built In | 1951 | Status | Closed |
| Sold Date | 2023-07-28 |
INTERIOR FEATURES
| Has Heating | No |
| Heating Information | None |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,493
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/17/2023 | Listed | $3,100,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Benjamin J. Hsiang, Realty Investment Advisors, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
