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For sale
  • Price cut: $96K (5/17)
    $1,399,000

    7021 Ramsgate Pl, Los Angeles, CA 90045

    7beds
    6baths
    3,972sqft
    : 
    Multi Family
    Built in 1953
    -- sqft lot
    $1,399,400 Zestimate®
    $352/sqft
    $-- HOA

    What's special

    Quiet private streetBeautiful hardwood floorsOff-street parking spaces
    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!
    83 days
    on Zillow
    |
    324
    |
    21
    |

    Zillow last checked: 7 hours ago

    Listing updated: 20 hours ago

    Listed by:

    David Rosenfeld DRE # 01109090 310-261-8692,

    Advantage Real Estate 310-450-4488

    Source: CLAW,MLS#: 25504277MLS Logo
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    Next available tour time:Today at 5pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Kitchen
    • Features: Tile Counters
    Heating
    • Wall
    Cooling
    • None
    Appliances
    • Laundry: Common Area
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 3,972
    • Total interior livable area: 3,972 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached Carport, Garage Is Attached
    • Attached garage spaces: 4
    • Carport spaces: 2
    • Covered spaces: 6
    Features
    • Levels: Multi/Split
    • Pool features: None
    • Spa features: None
    Lot
    • Size: 6,364.12 Square Feet
    • Dimensions: 50 x 115
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Mid-Century
    • Property subtype: Multi Family
    Materials
    • Stucco
    • Roof: Rolled/Hot Mop
    Condition
    • Year built: 1953

    Utilities & green energy

    • Sewer: In Street
    • Water: Water District, Meter on Property

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $579,313
    • Date on market: 3/3/2025
    • Total actual rent: 94164
    • Tenant pays: Gas, Electricity
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