About 9027 Ramsgate Avenue
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 unitsperfect 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 propertyan inviting outdoor space that adds to the buildings 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.
Features of 9027 Ramsgate Avenue
| MLS® # | SB25102482 |
|---|---|
| Price | $1,395,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.16 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 9027 Ramsgate Avenue |
|---|---|
| Area | LOS ANGELES (90045) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90045 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Fireplace | Yes |
|---|
Additional Information
| Days on Market | 175 |
|---|---|
| Zoning | Assessor |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Lyon Stahl Investment Real Estate, Inc. |
|---|