9037 Ramsgate Avenue, Los Angeles, CA 90045

About this property

We are excited to present a promising investment opportunity in the heart of Westchester. This fully vacant fourplex, comprising four spacious one-bedroom one bath units, offers a substantial value-add proposition for both investors and owner-users. Potential for ADU development, subject to state and local laws, and the chance to rent units at market rates post-Ellis Expiration on November 3, 2023, are key features of this property. Nestled in Westchester, a neighborhood witnessing rapid growth and revitalization, this property enjoys a strategic location near major employment centers, top educational institutions, and leisure hotspots. This blend of location and opportunity makes this property a must-consider for those aiming to capitalize on the area's robust rental demand.

Listing description from the February 2024 sale, as reported to CRMLS.

Sale history

$1,183,333

Sold February 2024 · listed $1,250,000, orig. $1,300,000, on market June 2023 · MLS #23271079 · Source: CRMLS

Listing Agent: Benjamin J. Hsiang · Listing Office: Realty Investment Advisors, Inc. · Bought with: Benjamin J. Hsiang · Realty Investment Advisors, Inc.

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