14
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$1,395,000
Est. payment /mo
6,982 Sqft Lot
Price Dropped by $104K
9027 Ramsgate AVE Los Angeles, CA 90045
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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.
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
Lease Land Yes
Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899
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