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$1,500,000
7127 Ramsgate AVE Los Angeles, CA 90045
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$1,500,000
Est. payment /mo
7 BD
4 BA
3,567 SqFt
Active Under Contract
7127 Ramsgate AVE Los Angeles, CA 90045
UPDATED:
09/30/2024 06:05 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,567 sqft
Price per Sqft $420
MLS Listing ID 24423813
Bedrooms 7
HOA Y/N No
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 C29 - Westchester
Zoning LAR3
Interior
Heating Central
Cooling None
Fireplaces Type None
Fireplace No
Exterior
Garage Garage
Garage Spaces 4.0
Garage Description 4.0
Roof Type Composition
Parking Type Garage
Total Parking Spaces 4
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 4103021040
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Yolanda Washington • Yolanda Washington