8716 Ramsgate Avenue, Los Angeles, CA 90045
Property
Sold July 2023
Listing Agent: Benjamin J. Hsiang (DRE #01438644) · Listing Office: Realty Investment Advisors, Inc. · Contact: 424-377-6001 · Bought with: Hubert Chen · Mr MGM Inc. · MLS #23260051 · Source: CRMLS
About this property
We are proud to present an exceptional investment opportunity in the heart of Westchester, Los Angeles. This fully vacant fourplex, with four spacious two-bedroom one bath units, offers a remarkable opportunity for value-add investors and owner-users alike. The ability to create high-quality housing options, ready to be rented at market rates after the Ellis Expiration on November 3, 2023, presents a compelling prospect. Furthermore, the potential to add Accessory Dwelling Units (ADUs), subject to state and local laws, enhances the property's appeal. Situated in Westchester, a thriving neighborhood known for its economic strength and rapid growth, this property is poised to capitalize on the flourishing rental demand. Its strategic location near major employers, renowned educational institutions, and proximity to Playa Del Rey offers a lifestyle of convenience and relaxation, further boosting its attractiveness to potential tenants.
Listing description from the July 2023 sale, as reported to CRMLS.
Sale history