8812 Ramsgate Ave, Los Angeles, CA 90045
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8812 Ramsgate Ave Los Angeles, CA 90045

$1,400,000
  • 6 Beds
  • 3 Baths
  • 2,352 Sq.Ft.
For Sale
$1,400,000 Get Pre-Qualified

Map preview of 8812 Ramsgate Ave, Los Angeles, CA 90045

Property Overview: 8812 Ramsgate Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 2,352 living square feet and 6,823 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Incredible Triplex Opportunity in Westchester with endless possibilities: This triplex offers versatility for owner-occupiers, investors, and developers. Whether you’re looking to live in one unit and rent out the others or maximize your investment potential, this property has it all. Prime Location: Situated close to the airport, transportation hubs, shopping centers, and dining spots, convenience is at your doorstep. Plus, it’s less than a 4-mile drive to the brand-new Sofi Stadium and less than 6 miles to the beach! Spacious Units: Each of the three units features 2 bedrooms and 1 bath, providing comfortable living spaces for tenants. Garage Parking: With a single-car garage space assigned to each unit, parking is a breeze. Flexible Seller: The front unit can be delivered vacant for immediate occupancy, or the seller can arrange a lease before the close of escrow. Act Now!: Don’t miss out—bring your offers and secure this fantastic investment opportunity today!" Feel free to reach out if you need any further details!

Listed by Frank Ponce | BRE #00861049 | Coldwell Banker Realty
Co-listed by Viktorie Miksatkova | BRE #02126640 | Coldwell Banker Realty
Last checked: 55 seconds ago | Last updated: July 11th, 2024 | Source CRMLS | DOM: 9
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Home details

Lot Sq. Ft
6,823
HOA Dues
$0/mo
Year built
1950
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
PV24140777
City
Los Angeles
County
Los Angeles
Time on Site
8 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,487
  • Total Rent: $1,487
  • Pro Forma/Market Rent: $2,936
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,936
  • Total Rent: $2,936
  • Pro Forma/Market Rent: $2,936
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,310
  • Total Rent: $1,310
  • Pro Forma/Market Rent: $2,936
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $69,498
  • Net Operating Income: $35,634
  • Gross Operating Income: --
  • Vacancy Allowance: $2,432
Annual Expense Breakdown
  • Total Operating Expense: $14,632
  • Electric: $1,767
  • Licenses: $320
  • Trash: $0
  • Gardener: $2,160
  • Insurance: $2,304
  • Maintenance: $2,780
  • Water/Sewer: $5,301

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Property Details for 8812 Ramsgate Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Stackable
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Entry, Great Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • 6 Burner Stove, Disposal
Interior Features
  • Levels: Two
  • Window Features: Screens
Exterior Features
Exterior Information
  • Roof: Asphalt
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
Lot Information
  • Elevation: 101
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 4125015011
  • Year Built Source: Assessor
  • Architectural Style: Mid Century Modern
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Private Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Located just off W. Manchester and Ramsgate Avenue
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
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Sale History for 8812 Ramsgate Ave

Last sold for $362,000 on September 7th, 2001
  • July, 2024

  • Jul 9, 2024

    Date

    Active

    CRMLS: PV24140777

    $1,400,000

    Price

  • April, 2024

  • Apr 22, 2024

    Date

    Expired

    CRMLS: 22149669

    $1,400,000

    Price

  • Apr 25, 2022

    Date

    Active

    CRMLS: 22149669

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    Great triplex opportunity with endless possibilities, located close to the airport and city of Westchester. The building is close to transportation, shopping, and dining. Less than a 4 mile drive to the new Sofi Stadium and less than a 6 mile drive to the beach. Great opportunity for owner occupied, investor, or developer. All units are 2 bedrooms with 1 bath. Each unit has one single car garage space assigned in rear.

  • September, 2001

  • Sep 7, 2001

    Date

    Sold (Public Records)

    Public Records

    $362,000

    Price

  • July, 1998

  • Jul 8, 1998

    Date

    Sold (Public Records)

    Public Records

    $285,000

    Price

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Tax History for 8812 Ramsgate Ave

Assessed Value (2020): $488,974
Year Land Value Improved Value Assessed Value
2020 $391,725 $97,249 $488,974

Home Value Compared to the Market

This property vs the competition

8812 Ramsgate Ave is listed 16.67% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $595.24 per/sqft which puts the price per square foot 23% lower than the median price per square foot for the city of Los Angeles.

About 8812 Ramsgate Ave

Detailed summary of property

8812 Ramsgate Ave is a triplex located in Los Angeles, CA 90045 and is currently for sale. This triplex offers 6 bedrooms, 3 bathrooms, roughly 2,352 living square feet, and sits on an approximately 6,823 square foot lot. 8812 Ramsgate Ave was first listed on ArdentRealEstateGroup.com on July 10, 2024. The homeowner is currently asking $1,400,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.67% higher than the median priced home. Local competing homes currently for sale include 6321 11th Ave, 3777 S Centinela Ave and 12906 Venice Blvd. While the average home in Los Angeles, CA is selling in 101 days, 8812 Ramsgate Ave has a days on market of 9 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2723 of them are single family homes while 1208 of them are condos and 114 are townhomes. For more information on this home for sale at 8812 Ramsgate Ave Los Angeles, CA 90045 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 8812 Ramsgate Ave

Public county record property details
Beds
6
Baths
3
Year built
1950
Sq. Ft.
2,352
Lot Size
6,820
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
138
APN
4125-015-011

The source for these homes facts are from public records.

90045 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,649,000
Median List Price/Sq.Ft.
$854
Median Sold Price
$1,555,000
Median Sold Price/Sq.Ft.
$871
Total Inventory
98
Median Sale to List Price %
97.49%
Avg Days on Market
27
Loan Type
Conventional (9.68%), FHA (0%), VA (0%), Cash (25.81%), Other (9.68%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.