Los Angeles, CA 90045 7021 Ramsgate Place

Pending
7021 Ramsgate Place Los Angeles, CA - Image 17021 Ramsgate Place Los Angeles, CA - Image 27021 Ramsgate Place Los Angeles, CA - Image 3
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Presented By: David Rosenfeld with Advantage Real Estate;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 25504277
  • 03/03/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 7
  • Baths • 6
  • SQFT • 3,972
  • Garage • 4

Home Details

This well-maintained, meticulously cared-for 6-unit building is located on a quiet, private street, offering the perfect balance of tranquility and convenience. Comprising one spacious 2-bedroom unit and five charming 1-bedroom units, this property presents a fantastic investment opportunity with strong rental potential and room for growth.The units are all equipped with beautiful hardwood floors, adding to their appeal while keeping maintenance costs low. With six off-street parking spaces, including four garages and two carport spots, parking is never an issue for tenants. Each unit has its own water heater, ensuring comfort and efficiency for residents while minimizing your management responsibilities.A convenient community laundry room provides additional revenue potential, and with tenants paying their own electricity and gas utilities, the property remains efficient and cost-effective. The location is ideal, with easy access to shopping and the 405 freeway, making it a highly desirable place for tenants to call home.This building offers significant upside in rent potential, making it an even more appealing option for any savvy investor. Whether you're looking for consistent cash flow or a property with long-term growth opportunities, this is the one you've been waiting for. Don't miss your chance to secure this exceptional investment!
Presented By: David Rosenfeld with Advantage Real Estate;

Interior Features for 7021 Ramsgate Place

Bedrooms

Total Bedrooms7

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
FlooringWood
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories

Other Rooms

Entry Level1

General for 7021 Ramsgate Place

Additional Parcels Y/NNo
Architectural StyleMidCenturyModern
Attached Garage Yes
Buyer FinancingCash
Carport Spaces2.0
Carport Y/NYes
CityLos Angeles
Construction MaterialsStucco
CoolingNone
CountyLos Angeles
DirectionsLa Tijera Blvd to Thornburn St south to Ramsgate Ave (left) to Ramsgate Pl (Left) to 7021.
DisclosuresRentControl
Electric Expense797.0
Electric On Property Y/NNo
Full Baths
Garage Spaces4.0
Garage Y/NYes
Gross Income937.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet6362.0
Lot Size UnitsSquareFeet
MLS AreaC29 - Westchester
MobileHomeRemainsYNNo
Net Operating Income68315.91
New ConstructionNo
Number Of Units Total6
Occupancy TypeTenant
Pool FeaturesNone
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
RoofRolledHotMop
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Taxes$19,488
Tenant PaysElectricity, Gas
Water Sewer Expense3617.0
Year Built1953
ZoningLAR3

Exterior for 7021 Ramsgate Place

Building Area Total3972.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x115
Lot Size Acres0.1461
Lot Size Area6362.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAttachedCarport
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,399,000
MLS#25504277
List Date 03/03/2025
Property Type Pending
Phone 714.742.6515
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Request Info
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