Los Angeles, CA 90045,7137 Ramsgate AVE
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Los Angeles, CA 90045,7137 Ramsgate AVE
Los Angeles, CA 90045,7137 Ramsgate AVE
Los Angeles, CA 90045,7137 Ramsgate AVE
Los Angeles, CA 90045,7137 Ramsgate AVE
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7137 Ramsgate AVE Los Angeles, CA 90045

8,555 Sqft Lot


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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


CRMLS – RECore
Listed by Robyn Biener Vista Sotheby’s International Realty 310-717-5804
Edie Israel

Edie Israel

Agent | License ID: 01399225

+1(714) 623-3543

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7137 Ramsgate AVE