7137 Ramsgate Ave

Los Angeles, CA 90045

$1,525,000
Price
11
Beds
10
Baths
5,185 Sq. Ft.
$294 / Sq. Ft.
5,185
Sq. Ft.
$294
per Sq. Ft.
a car parked in front of a house
a front view of a house with parking area
a view of an empty room and wooden floor
wooden floor in an empty room with a window
a kitchen with a sink a stove and a refrigerator
a kitchen with granite countertop a stove and a refrigerator
a kitchen with stainless steel appliances a sink and a stove
a kitchen with granite countertop a stove and a refrigerator
a view of empty room with wooden floor and fan
a view of an empty room with wooden floor
a bathroom with a sink toilet and vanity
an empty room with a window and ceiling fan
a view of a hallway with wooden floor
a bathroom with a sink and a toilet

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. Residents benefit from an on-site community laundry...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.
  1. Listed by Robyn Biener • DRE #00775787 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty • 310-717-5804
  2. Listed by Alicia Greene • DRE #00773849 • Brokerage DRE #01922362 • Vista Sotheby’s International Realty

Property Details for 7137 Ramsgate Avenue

Parking Spaces Total
5
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5185
Assessor Parcel Number
4103-021-005
Property Attached YN
true
LISTING UPDATED: 11/14/2025 03:23 AM

Property Details for 7137 Ramsgate Avenue

StatusActive
MLS #SB25215149
Days on Market99
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1959
CountyLos Angeles County

Location

Listing Courtesy of Vista Sotheby’s International Realty, Robyn Biener, DRE #00775787; Vista Sotheby’s International Realty, Alicia Greene, DRE #00773849
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Building Information for 7137 Ramsgate Avenue

Building/Complex7137 Ramsgate AveFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1959Building Size-

Payment Calculator

$8,178 per month

30 year fixed, 6.28% Interest

Principal and Interest

$7,536

Property Taxes

$642

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7137 Ramsgate Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $9,694
  • Gross Scheduled Income: $9,694
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $8,531
  • Laundry Income: $50
  • Gross Multiplier: 9.77
Expense Details
  • Operating Expense: $1,163
  • Gardener Expense: $1,500
  • Insurance Expense: $2,016
  • Professional Management Expense: $0
  • Trash Expense: $7,560
  • Total Expenses: $11,076
Tax / Assessment Info
  • Tax Tract Number: 11569
  • CFD/Mello-Roos Fee: $7,400
  • Tax Lot: 107
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Free-Standing Range, Refrigerator
  • Equipment: Community, Other, Outside, Refrigerator
  • Laundry: Yes
  • Laundry Features: Community, Outside, See Remarks
  • Laundry Equipment Own Lease: Own
  • Fireplace Features: Living Room, Gas
  • Fireplace Rooms: Gas, Living Room
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: Lot 6500-9999
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,288
  • Unit Type Total Rent: $2,288
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,622
  • Unit Type Total Rent: $1,622
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,900
  • Unit Type Total Rent: $2,900
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,442
  • Unit Type Total Rent: $1,442
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,442
  • Unit Type Total Rent: $1,442
  • Unit Type Pro Forma: 3100
  • Unit Type Type: 5
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number With Range: 5
  • Number With Refrigerator: 5
  • Number Wall AC: 3

Property History for 7137 Ramsgate Avenue

DateEvent & SourcePriceAppreciation
Oct 8, 2025

Price Change

CLAW #SB25215149MR

$1,525,000—
Sep 29, 2025

Listed (Active)

CLAW #SB25215149MR

$1,650,000—
Sep 12, 2025

Listed (Active)

CRMLS #SB25215149

$1,650,000—
Sep 10, 2025

Hold

CLAW #SB25215149MR

—
Sep 10, 2025

Listed (Active)

CLAW #SB25215149MR

$1,650,000—
Sep 10, 2025

Listed (Active)

SDMLS #SB25215149

$1,650,000—
Jul 23, 2003

Sold (Public Record)

Public Record #116303964

$51,000—
DateEvent & SourcePrice
10/08/2025

Price Change

CLAW #SB25215149MR

$1,525,000
09/29/2025

Listed (Active)

CLAW #SB25215149MR

$1,650,000
09/12/2025

Listed (Active)

CRMLS #SB25215149

$1,650,000
09/10/2025

Hold

CLAW #SB25215149MR

—
09/10/2025

Listed (Active)

CLAW #SB25215149MR

$1,650,000
09/10/2025

Listed (Active)

SDMLS #SB25215149

$1,650,000
07/23/2003

Sold (Public Record)

Public Record #116303964

$51,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7137 Ramsgate Avenue

Taxable ValueLand$96,519Additions$452,222Total$548,741
Tax Record2025$7,699 ($642 / month)
Home Facts
Total Finished SqFt5,185 SqFtAbove Grade Finished SqFt5,185 SqFtLot Size8,544 SqFtStyleMulti-Family Res (5+ Units)Year Built1959ZoningLAR3CountyLOS ANGELESAPN4103-021-005

Schools near 7137 Ramsgate Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Westport Heights Elementary School
Public - K to 5
Orville Wright Engineering And Design Magnet
Public - 6 to 8
Westchester Enriched Sciences Magnet Health/Sports Medicine
Public - 9 to 12
Open Charter Magnet School
Charter - K to 5
Rating
School
Distance
Westport Heights Elementary School
PublicK to 5

Orville Wright Engineering And Design Magnet
Public6 to 8

Westchester Enriched Sciences Magnet Health/Sports Medicine
Public9 to 12

Open Charter Magnet School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 7137 Ramsgate Avenue, Los Angeles, CA 90045

7137 Ramsgate Avenue is a multi-family home for sale in Los Angeles, CA 90045. This property was listed for sale on September 10, 2025 by Vista Sotheby’s International Realty, it's currently listed at $1,525,000. It has been on the market for a total of 99 days and was last sold on July 23, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Westport Heights Elementary School, Orville Wright Engineering And Design Magnet and Westchester Enriched Sciences Magnet Health/Sports Medicine. 7137 Ramsgate Avenue is a 11-bed, 10-bath, 5,185 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Vista Sotheby’s International Realty, Robyn Biener, DRE #00775787; Vista Sotheby’s International Realty, Alicia Greene, DRE #00773849

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.