$1,500,000
Accepting Backup Offers

7127 Ramsgate Avenue

Los Angeles, CA 90045
3567 sqft | 7 beds | 0.18 acres | #24423813
Listing OfficeYolanda Washington
Browse 17 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Interior Details
      • Bedrooms7
  • Property Details
      • Acres0.1812
      • Square Feet3567
    • Parking
      • Parking Spaces4
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1955
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,500,000
  • Other
      • MLS #24423813

Location

SparrowLily Realty, Inc.Real Estate Group
$
years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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