For sale
  • Listing Provided by: 

    Brett Lyon DRE #01717818 3107801899,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    $1,499,000

    9027 Ramsgate Ave, Los Angeles, CA 90045

    --beds
    --baths
    3,542sqft
    : 
    Quadruplex
    Built in 1951
    -- sqft lot
    $1,487,000 Zestimate®
    $423/sqft
    $-- HOA

    What's special

    Private grass courtyard
    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 4.31% CAP rate and a 14.67 GRM, with significant rental upside of 42%—offering investors a projected 7% 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.
    42 days
    on Zillow
    |
    215
    |
    7
    |
    • Loading
    • Loading