Los Angeles, CA 90045,9027 Ramsgate AVE
Los Angeles, CA 90045,9027 Ramsgate AVE
Los Angeles, CA 90045,9027 Ramsgate AVE
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$1,395,000
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6,982 Sqft Lot
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9027 Ramsgate AVE Los Angeles, CA 90045

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Jerry And Rachel Team Hsieh

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25102482

HOA Y/N No

Year Built 1951

Lot Size 6,982 Sqft

Property Sub-Type Quadruplex

Property Description

9027 Ramsgate Ave is a well-maintained 4-unit apartment building located in the heart of Westchester, one of Los Angeles' most desirable rental markets. The property features an ideal unit mix of (4) spacious 2-bedroom, 1-bathroom units—perfect for long-term tenants and student renters alike. Recent upgrades include soundproof windows, doors, and walls, as well as a full roof replacement in 2020, ensuring quiet comfort and reduced future maintenance.
Residents enjoy access to a private grass courtyard in the rear of the property—an inviting outdoor space that adds to the building's tenant appeal. Additional amenities include common-area laundry and security cameras for added convenience and peace of mind.
The asset delivers a current 4.87% CAP rate and a 13.65 GRM, with significant rental upside of 55%—offering investors a projected 8% market CAP.
Strategically located near LAX, Loyola Marymount University, Ladera Heights, and the expanding LAX Metro Line, 9027 Ramsgate Ave presents a rare opportunity to own a turnkey asset with value-add potential in a high-demand neighborhood poised for continued growth.

Location

State CA

County Los Angeles

Area C29 - Westchester

Zoning LAR3

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 3

Pool None

Community Features Biking

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 4125011009

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


CRMLS – RECore
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899

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agent

Jerry And Rachel Team Hsieh

Owner/Director of Sales | License ID: 01701809

+1(424) 242-8856

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9027 Ramsgate AVE