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$ 1,350,000
Est. payment /mo
New
8738 Ramsgate AVE Los Angeles, CA 90045
5 Beds
2 Baths
3,128 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $431
MLS Listing ID 25571375
Bedrooms 5
HOA Y/N No
Year Built 1952
Lot Size 6,821 Sqft
Property Description
8738 Ramsgate Ave is a tremendously well-kept three-unit property in the Westchester neighborhood of Los Angeles with approximately 51% upside in potential rents, exclusively represented by JNM Realty. The two (2) buildings feature a unit mix of one (1) 1-bed/1-bath unit (800 sqft) and two (2) two-bed/one-bath units (1,000 sqft each). The units are all renovated featuring vinyl flooring, updated countertops and cabinetry, and renovated bathrooms. Each unit has an onsite parking space and its own water heater. Tenants are responsible to pay their own trash expenses. The building is easy to manage, requiring no onsite manager and no major attention. JNM Realty has managed this building since 2019 and is available to continue managing for an investor or hand the keys off to a buyer to self-manage or a manager of the buyer's choice. A stone's throw from LAX (Los Angeles International Airport), the property is surrounded by hotels, parking lots, and restaurants, with a 2-minute drive proximity to the 405 Freeway, providing ample employment access for current and future tenants. Listed at $1,350,000, the property is listed as the lowest price per square foot of all duplex and triplexes sold in the 90045 zip code in 2025. You're getting the most property for the lowest price along with a potential upside of 51% in Rents!
Location
State CA
County Los Angeles
Area C29 - Westchester
Zoning LAR3
Interior
Heating Central
Fireplace No
Appliance Refrigerator, Dryer, Washer
Laundry Common Area
Exterior
Parking Features One Space, Uncovered
Total Parking Spaces 3
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4125015014
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Demis Dokhanian JNM Realty, INC.