7137 Ramsgate AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90045
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25215149
HOA Y/N No
Year Built 1959
Lot Size 8,555 Sqft
Property Sub-Type Apartment
Property Description
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, with rents approaching current market rates.
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.
Location
State CA
County Los Angeles
Area C29 - Westchester
Interior
Fireplaces Type Gas,Living Room
Fireplace Yes
Appliance Free-Standing Range,Refrigerator
Laundry Common Area,Outside,See Remarks
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Sidewalks
Roof Type Shingle
Total Parking Spaces 5
Private Pool No
Building
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 4103021005
Acceptable Financing Cash to New Loan,1031 Exchange
Listing Terms Cash to New Loan,1031 Exchange
Special Listing Condition Standard
Lease Land No