$1,500,000
Active Under Contract
45 Days Online
7 Beds4 Baths3,567 SQFT
Active Under Contract

7127 Ramsgate Avenue Los Angeles, CA 90045

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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.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site44 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24423813
  • Home Size Source Assessor
  • Year Built1955
  • Lot Size0.1812 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Garage
  • Parking Spaces 4
  • Number of Stories Multi/Split0
  • Acreage 0.1812
  • Garage Spaces 4
  • Zoning LAR3
  • Listing Conditions Standard

Interior Features

  • Cooling None
  • Heating Central
  • Fireplace Features None
  • Fireplace No

Exterior Features

  • Roof Composition

Community Features

  • Senior Community No
  • MLS Area C29 - Westchester

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Monthly Payment (Est.)

$7,287
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