$2,700,000
Active Under Contract
404 Days Online
18 Beds8 Baths7,084 SQFT
Active Under Contract

9007 Ramsgate Avenue Los Angeles, CA 90045

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We are delighted to present an exceptional, fully vacant eight-unit property in the thriving Westchester neighborhood of Los Angeles. This unique investment opportunity, sprawled across a double-wide lot, consists of two spacious three-bedroom one bath units and six two-bedroom one units, perfect for transformation into high-quality living spaces. Along with its potential for renovation, the property comes with RTI permits and plans for a 30-unit co-living housing development, offering an alternative strategy to capitalize on the area's robust rental market. Post-Ellis Expiration on November 3, 2023, the property will be ready for market-rate rentals, an attractive proposition for investors and owner-users. Situated in a region known for its economic strength and lifestyle offerings, this property, with its proximity to major employers and vibrant commercial scene, is a fantastic opportunity to invest and live in one of LA's most in-demand neighborhoods.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site403 Days
  • MLS StatusActive Under Contract
  • MLS ID Number23260165
  • Home Size Source Other
  • Year Built1952
  • Lot Size0.3201 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 8
  • Number of Stories 22
  • Acreage 0.3201
  • Zoning LAR3
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating None

Community Features

  • Senior Community No
  • MLS Area C29 - Westchester

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Monthly Payment (Est.)

$14,284
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