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Listed by Robyn Biener • Vista Sotheby's International Realty
$ 1,525,000
Est. payment /mo
Active
7137 Ramsgate AVE Los Angeles, CA 90045
8,557 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25215149
Year Built 1959
Lot Size 8,557 Sqft
Source California Regional MLS
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
Rooms
Kitchen Oven Range, Refrigerator
Interior
Laundry Other, Washer/Dryer - Owned, Community Facility
Exterior
Garage Spaces 5.0
Pool 31, None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 4103021005
Special Listing Condition Not Applicable
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