9027 Ramsgate Avenue, Los Angeles, CA 90045

$1,499,000 Approx. USD 0 beds, 0 baths

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Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

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.

Listing Details

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# SB25102482

Price: $1,499,000

Beds: 0

Baths: 0

Built in 1951

0.16 acres

Lot size: 0.1603

County: Los Angeles

Zoning: LAR3