8833 Ramsgate Avenue

Los Angeles, CA 90045

$1,132,500
Last Sold Price
9
Beds
3
Baths
3,156 Sq. Ft.
$359 / Sq. Ft.
3,156
Sq. Ft.
$359
per Sq. Ft.

Description

Great for OWNER-USERS as well as INVESTORS! Live in one unit and offset expenses with the others! Located in a top Westside location near the newest Metro line makes it easy to commute around the city, or work from home with these spacious units that are approx 1000 sf each. With plenty of space to live AND work from home, each unit has 3 three-beds + one-bath, and each has their own laundry. A shared front lawn and fenced back yard are ideal for enjoying the outdoors and LA's great coastal weather....Great for OWNER-USERS as well as INVESTORS! Live in one unit and offset expenses with the others! Located in a top Westside location near the newest Metro line makes it easy to commute around the city, or work from home with these spacious units that are approx 1000 sf each. With plenty of space to live AND work from home, each unit has 3 three-beds + one-bath, and each has their own laundry. A shared front lawn and fenced back yard are ideal for enjoying the outdoors and LA's great coastal weather. This Westchester property contains 2 buildings and is zoned LAR3. Three, one-car garages, a carport, and a long driveway providing ample parking for all units. This is definitely an opportunity not to be missed.

Listing Agent

  1. Stephanie Younger

    Stephanie Younger

    Listing Agent

    Compass

    DRE #01365696

Property Details for 8833 Ramsgate Avenue

Water Front
None
Zoning
LAR3
Style
Traditional
Cross Streets
Manchester Ave and Airport Ave
Parcel Number
4125012006
Total Units
3.0
Living Area
3156
Source Living Area
Assessor

Location

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696

Sold By Majestik Realty, Charles Simons, III, DRE #01725151

Add your commute
LISTING UPDATED: 11/04/2020 03:20 PM

Property Details for 8833 Ramsgate Avenue

StatusSold
MLS #20-627706
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.16 AC / 7,011 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696

Sold By Majestik Realty, Charles Simons, III, DRE #01725151

Add your commute

Building Information for 8833 Ramsgate Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.16 AC / 7,011 SF

Payment Calculator

$7,398 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,181

Property Taxes

$1,217

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8833 Ramsgate Avenue

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: 3beds
  • View: No
  • View Description: None
  • View: None
  • Security Features: Smoke Detector, Carbon Monoxide Detector(s)
  • Property Condition: Repair Cosmetic, Updated/Remodeled
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas, Multi-Tank
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: As Is, LA/Owner Related, Owner Has R.E. License
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $7,000
  • Net Operating Income: $67,328.00
  • Gross Income: $74,328
  • Cap Rate: 5.60%
  • Gross Rent Multiplier: $16.12
  • Actual Annual Gross Rent: $74,364.00
  • Actual Rent Total: $74,364.00
  • Owner Pays: Gardener
  • Total Annual Expense: 7000
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.161
  • Lot Size Square Feet: 7011
  • Lot Features: Back Yard, Front Yard, Lawn
  • Lot Description: Back Yard, Front Yard, Lawn
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Detached, Driveway, Carport Detached
  • Total Parking: 8
  • Covered Parking: 6
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 3
  • Carport Spaces Total: 3
  • Parking Features: Garage - Single Door, Detached Carport, Driveway
Interior Features
Interior Features
  • Room Type: Living Room
  • Rooms: Dining Area, Living Room, Patio Open
  • Levels: Two
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling Type: Ceiling Fan
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Laminate, Tile, Carpet, Hardwood
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven, Garbage Disposal, Gas Dryer Hookup
  • Interior Features: Common Walls
  • Kitchen Features: Counter Top
  • Bathroom Features: Shower Over Tub
  • Common Walls: Attached
  • Cooking Appliances: Range
  • Laundry: Other, Laundry Area, In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Composition
  • Patio Features: Patio Open
  • Windows: Double Pane Windows
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Other Structural Features: Sliding Glass Doors
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 09-03-2020
  • Listing Terms: Cash, Cash To New Loan
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,538.00
  • Unit Actual Rent: $2,538.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,856.00
  • Unit Actual Rent: $1,856.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,803.00
  • Unit Actual Rent: $1,803.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $186,211.00
  • Assessed Improvement Percent: 30.5
  • Assessed Land Value: $424,415.00
  • Assessed Land Percent: 69.5
  • Assessed Total Value: $610,626.00

Property History for 8833 Ramsgate Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 8833 Ramsgate Avenue

Taxable ValueLand$866,133Additions$312,120Total$1,178,253
Tax Record2023$14,603 ($1,217 / month)
Home Facts
Total Finished SqFt3,156 SqFtAbove Grade Finished SqFt3,156 SqFtLot Size7,011 SqFtStyleTriplexYear Built1950ZoningLAR3CountyLOS ANGELESAPN4125-012-006

Schools near 8833 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

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.

Similar Homes

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Similar Sold Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Stephanie Younger, DRE #01365696

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.