8716 Ramsgate Avenue
8716 Ramsgate Avenue
$1,400,000
8
4
3,260
3,260
$429
Sold 7/28/23
Description
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...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.
- Listed by Benjamin J. Hsiang • DRE #01438644 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
- Listed by Don Favia • DRE #01841258 • Brokerage DRE #01438644 • Realty Investment Advisors, Inc.
Property Details for 8716 Ramsgate Avenue
Zoning
LAR3
Parcel Number4125015018
Total Units4.0
Living Area3260
Source Living AreaOther
AreaWestchester (C29)
Vacancy Rate100%
Lot Size Area6820
Location
LISTING UPDATED: 07/28/2023 02:03 PM
Property Details for 8716 Ramsgate Avenue
Status | Sold |
---|---|
MLS # | 23-260051 |
Days on Market | 90 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.16 AC / 6,820 SF |
County | Los Angeles County |
Location
Building Information for 8716 Ramsgate Avenue
Stories2Residences-Year Built1951Building Size-Lot Size0.16 AC / 6,820 SF
Payment Calculator
$9,118 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8716 Ramsgate Avenue
Property History for 8716 Ramsgate Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 8716 Ramsgate Avenue
Taxable ValueLand$1,093,645Additions$344,497Total$1,438,142
Tax Record2023$17,739 ($1,478 / month)
Home Facts
Total Finished SqFt3,260 SqFtAbove Grade Finished SqFt3,260 SqFtLot Size6,820 SqFtStyleQuadraplexYear Built1951ZoningLAR3CountyLOS ANGELESAPN4125-015-018
Schools near 8716 Ramsgate Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
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 Magnets 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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