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7021 Ramsgate Place

Los Angeles (City), CA 90045
  • $1,559,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: 25504277
UPDATED: 38 min ago
$1,559,000
  • 7
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,972
    SQFT
  • $392
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Listing Agent(s): David Rosenfeld of Advantage Real Estate (310-450-4488)


Description

This well-maintained, meticulously cared-for 6-unit building is located on a quiet, private street, offering the perfect balance of tranquility and convenience. Comprising one spacious 2-bedroom unit and five charming 1-bedroom units, this property presents a fantastic investment opportunity with strong rental potential and room for growth.The units are all equipped with beautiful hardwood floors, adding to their appeal while keeping maintenance costs low. With six off-street parking spaces, including four garages and two carport spots, parking is never an issue for tenants. Each unit has its own water heater, ensuring comfort and efficiency for residents while minimizing your management responsibilities.A convenient community laundry room provides additional revenue potential, and with tenants paying their own electricity and gas utilities, the property remains efficient and cost-effective. The location is ideal, with easy access to shopping and the 405 freeway, making it a highly desirable place for tenants to call home.This building offers significant upside in rent potential, making it an even more appealing option for any savvy investor. Whether you're looking for consistent cash flow or a property with long-term growth opportunities, this is the one you've been waiting for. Don't miss your chance to secure this exceptional investment!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T07:27:38.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/161039336
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7021 Ramsgate Place Los Angeles (City), CA 90045

  • Price: $1,559,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 38 min ago
  • ID#: 25504277
7
Beds
0
Baths
0
½ Baths
0.15
Acres
3,972
SQFT
$392
$/SQFT
1953
Built
Neighborhood:
C29 - Westchester
County:
Los Angeles
Area:
C29 - Westchester
Property Description
This well-maintained, meticulously cared-for 6-unit building is located on a quiet, private street, offering the perfect balance of tranquility and convenience. Comprising one spacious 2-bedroom unit and five charming 1-bedroom units, this property presents a fantastic investment opportunity with strong rental potential and room for growth.The units are all equipped with beautiful hardwood floors, adding to their appeal while keeping maintenance costs low. With six off-street parking spaces, including four garages and two carport spots, parking is never an issue for tenants. Each unit has its own water heater, ensuring comfort and efficiency for residents while minimizing your management responsibilities.A convenient community laundry room provides additional revenue potential, and with tenants paying their own electricity and gas utilities, the property remains efficient and cost-effective. The location is ideal, with easy access to shopping and the 405 freeway, making it a highly desirable place for tenants to call home.This building offers significant upside in rent potential, making it an even more appealing option for any savvy investor. Whether you're looking for consistent cash flow or a property with long-term growth opportunities, this is the one you've been waiting for. Don't miss your chance to secure this exceptional investment!
Exterior Features

Architectural Style Mid-Century Modern Attached Garage YN Yes Carport Spaces 2 Carport YN Yes Construction Materials Stucco Entry Level 1 Parking Features Attached Carport Parking Total 6 Pool Features None Pool Private YN No Roof Rolled/Hot Mop Spa Features None Spa YN No

Interior Features

Cooling None Cooling YN No Flooring Wood Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Buyer Financing Cash Disclosures Rent Control Electric Expense 797 Garage YN Yes Gross Income 937 Laundry Features Common Area Levels Multi/Split Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 68315.91 New Construction YN No New Taxes Expense 19488 Rent Control YN Yes Senior Community YN No Sewer Other Special Listing Conditions Standard Tenant Pays ElectricityGas Vacancy Allowance Rate 0 Water Sewer Expense 3617 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-17T07:27:38.453. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Keller Williams. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Keller Williams
5110 W. Cypress Ave.
Visalia CA, 93277
Listing Agent(s): David Rosenfeld of Advantage Real Estate (310-450-4488)