7127 Ramsgate Ave

Los Angeles,CA 90045

$ 1500000

7 Beds

4 Baths

3567 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,567 sqft

Price per Sqft $420

MLS Listing ID 24-423813

Style A-Frame

Bedrooms 7

Year Built 1955

Lot Size 7,893 Sqft

Property Description

Development Dream Opportunity in Ladera/Westchester/Los Angeles! This property, zoned R3, is located in a dynamic and highly sought-after area, making it an ideal investment for developers. It offers a substantial buildable area, perfect for a larger multifamily residential project. With a generous lot size and significant allowable floor area, this parcel is poised to maximize your investment in a prime location. Property Details: Units 4; (2 x 2 Bedroom/1 Bath and 2 x 1 Bedroom/1 Bath) Features: Each unit includes in-unit washer & dryer hookups. Occupancy: Upon closing, 2 of the units will be delivered vacant, perfect for an owner-occupy buyer. Rent Status: All units are currently rented on a month-to-month basis. The property is conveniently located near the 405 freeway, LAX airport, shops, and restaurants, making it an attractive option for future tenants. Interior inspections will be subject to a written offer, loan approval, and proof of funds to close. Buyers are advised to do their due diligence regarding all information provided by the seller. The sellers are flexible and motivated, offering this property at a great value with endless possibilities. Please do not disturb the tenants.

Location

State CA

County Los Angeles

Area Westchester

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling None

Fireplaces Type None

Equipment None

Laundry In Unit

Exterior

Garage Garage

Garage Spaces 4.0

Roof Type Composition

Building

Lot Description 2-4 Lots

Others

Special Listing Condition Standard

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