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9037 Ramsgate Ave, Los Angeles, CA 90045
$1,183,333
9037 Ramsgate Ave, Los Angeles, CA 90045View this property at 9037 Ramsgate Ave, Los Angeles, CA 90045
9037 Ramsgate AveLos AngelesCA90045
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Property Description
We are excited to present a promising investment opportunity in the heart of Westchester. This fully vacant fourplex, comprising four spacious one-bedroom one bath units, offers a substantial value-add proposition for both investors and owner-users. Potential for ADU development, subject to state and local laws, and the chance to rent units at market rates post-Ellis Expiration on November 3, 2023, are key features of this property. Nestled in Westchester, a neighborhood witnessing rapid growth and revitalization, this property enjoys a strategic location near major employment centers, top educational institutions, and leisure hotspots. This blend of location and opportunity makes this property a must-consider for those aiming to capitalize on the area's robust rental demand.
Full Property Details
Full Property Details for 9037 Ramsgate Ave
General
- Sold For: $1,183,333
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-271079
- Added to Site: 373 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Other
Parking
- Garage Description: Other
Location
- Area: Westchester
- County: Los Angeles
- Driving Directions: West on W. Manchester Ave, South on Ramsgate Ave
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 2,948
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1949
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 4
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: Other
Lot Features
- Lot Size (Acres): 0.1605
- Lot Size: 6992
- Lot Size Source: Vendor Enhanced
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $424.02
- Assessment Year: 1949
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4125-011-011
Listed and Sold by Realty Investment Advisors, Inc., Benjamin J. Hsiang and Realty Investment Advisors, Inc., Don Favia
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Schools
Schools serving 9037 Ramsgate Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
6011 W 79th St, Los Angeles, CA 90045 | K-5 | 0.9 mi | |
6550 W 80th St, Los Angeles, CA 90045 | 6-8 | 1.6 mi | |
7400 W Manchester Ave, Los Angeles, CA 90045 | 9-12 | 2.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9037 Ramsgate Ave
Date
Details
Price
Change
Source
2/22/2024
Sold
$1,183,333
-5.33%
MLS
8/08/2023
Price Reduced
$1,250,000
-3.85%
MLS
6/02/2023
Listed
$1,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9037 Ramsgate Ave, Los Angeles, CA 90045 (MLS# 23-271079) is a Multi-Family property that was sold at $1,183,333 on February 22, 2024. Want to learn more about 9037 Ramsgate Ave? Do you have questions about finding other Multi-Family real estate for sale in Westchester? You can browse all Westchester real estate or contact a Coldwell Banker agent to request more information.