7137 Ramsgate Avenue Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90045
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,185 sqft
Price per Sqft $294
MLS Listing ID SB-25215149
Year Built 1959
Lot Size 8,557 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property 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 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.
Location
State CA
County Los Angeles
Area C29 - Westchester
Interior
Fireplaces Type Gas,Living Room
Laundry See Remarks,Community,Outside
Exterior
Garage Spaces 4.0
Pool None
Community Features Sidewalks
Building
Lot Description Lot 6500-9999
Sewer Public Sewer