8722 Ramsgate Avenue
8722 Ramsgate Avenue
$1,400,000
8
4
3,260
3,260
$429
Sold 7/28/23
Description
We are pleased to offer an attractive investment opportunity in the bustling neighborhood of Westchester. This fully vacant fourplex, comprising four spacious two-bedroom one bath units, is ripe for transformation. Value-add investors and owner-users alike have a unique chance to build significant property value. The potential to add ADUs, subject to state and local laws, alongside the ability to rent units at market rates post-Ellis Expiration on November 3, 2023, amplifies this property's investment...We are pleased to offer an attractive investment opportunity in the bustling neighborhood of Westchester. This fully vacant fourplex, comprising four spacious two-bedroom one bath units, is ripe for transformation. Value-add investors and owner-users alike have a unique chance to build significant property value. The potential to add ADUs, subject to state and local laws, alongside the ability to rent units at market rates post-Ellis Expiration on November 3, 2023, amplifies this property's investment potential. Located in the vibrant Westchester neighborhood, surrounded by economic hubs like Google, Northrop Grumman, and Boeing, and in proximity to the renowned Loyola Marymount University, this property is perfectly positioned to attract a diverse and affluent tenant base.
- 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 8722 Ramsgate Avenue
Zoning
LAR3
Parcel Number4125015017
Total Units4.0
Living Area3260
Source Living AreaVendor Enhanced
AreaWestchester (C29)
Vacancy Rate100%
Lot Size Area6822
Location
LISTING UPDATED: 07/28/2023 02:04 PM
Property Details for 8722 Ramsgate Avenue
Status | Sold |
---|---|
MLS # | 23-271071 |
Days on Market | 44 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1951 |
Lot Size | 0.16 AC / 6,822 SF |
County | Los Angeles County |
Location
Building Information for 8722 Ramsgate Avenue
Stories-Residences-Year Built1951Building Size-Lot Size0.16 AC / 6,822 SF
Payment Calculator
$9,101 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8722 Ramsgate Avenue
Property History for 8722 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 8722 Ramsgate Avenue
Taxable ValueLand$1,093,645Additions$328,093Total$1,421,738
Tax Record2023$17,537 ($1,461 / month)
Home Facts
Total Finished SqFt3,260 SqFtAbove Grade Finished SqFt3,260 SqFtLot Size6,822 SqFtStyleQuadraplexYear Built1951ZoningLAR3CountyLOS ANGELESAPN4125-015-017
Schools near 8722 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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