7127 Ramsgate Avenue

Los Angeles, CA 90045

$1,500,000

List Price

7

bed Beds

4

shower Baths

3,567 sqft

straighten / sqft

1955

calendar_month Built

Property 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.

Listing Information

List Price $1,500,000
Status Active Under Contract
MLS 24423813
Type Residential Income
Year Built 1955
Lot Size 7,893
Structure Size 3,567
DOM 45
Courtesy Of Yolanda Washington
Listing Agent Yolanda Washington DRE#01217434

Interior Features

Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 4
Fireplace Information
Features None
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Yolanda Washington, Yolanda Washington . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:05 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.