7127 Ramsgate Avenue, Los Angeles, CA 90045

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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.


Interior Features

Bedroom Information
Bedrooms 7
Bathroom Information
Bathrooms 4
Interior Information
Cooling Type None

Listing Information

Address 7127 Ramsgate Avenue
City Los Angeles
State CA
Zip 90045
County Los Angeles
Listing Agent Yolanda Washington DRE #01217434
Courtesy Of Yolanda Washington
List Price $1,500,000
Status Active Under Contract
Type Residential Income
Structure Size 3,567
Lot Size 7,893
Year Built 1955

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.