Los Angeles, CA 90045 7030 Ramsgate Avenue

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Presented By: Elizabeth Ramirez with Bricxone Realty, Inc.;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25055195
  • 03/18/2025
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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 • 8
  • Baths • 5
  • SQFT • 2,916

Home Details

Exceptional Investment Opportunity in Westchester! Located at 7030 Ramsgate Avenue, this property features four units, one of which is a permitted ADU. Situated in a peaceful cul-de-sac within the Westchester community, this well-maintained property showcases pride in ownership and offers a rare chance for savvy investors. The opportunity allows for immediate takeover with above-average rents, while still offering potential for value-add improvements and higher market rents. Positioned on a corner lot in a desirable, tenant-friendly neighborhood, multifamily properties in this area are in high demand. The building is in beautiful condition and will be delivered with some rental income. Currently, one unit is vacant and available for owner-occupancy. The property includes three uncovered parking spaces and ample street parking. Each unit is equipped with laundry hookups. Just minutes from top-rated schools, shopping centers, dining options, Sofi Stadium, Hollywood Park and LAX, this location also offers nearby parks. Don’t miss out on the chance to grow your real estate portfolio with this fantastic investment!
Presented By: Elizabeth Ramirez with Bricxone Realty, Inc.;

Interior Features for 7030 Ramsgate Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate, Tile
Heating Y/NYes
Interior AmenitiesQuartzCounters, RecessedLighting
Laundry FeaturesLaundryRoom
Total Stories2

Other Rooms

Entry Level1

General for 7030 Ramsgate Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesStreetLights, Sidewalks
CoolingWallWindowUnits
CountyLos Angeles
DirectionsComing east from La Tijera Blvd, turn right onto Thornburn St and left on Ramsgate Ave. Property is located the cul de sac.
Electric On Property Y/NNo
Entry Location1
Garage Spaces0.0
Garage Y/NNo
Gross Income126387.0
HOANo
HeatingDuctless
Home Warranty Y/NNo
Insurance Expense5000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, Exchange1031, FHA, Submit, VaLoan
Lot Size Square Feet5703.0
Lot Size UnitsSquareFeet
MLS AreaC29 - Westchester
MobileHomeRemainsYNNo
Net Operating Income126387.0
New ConstructionNo
Number Of Units Total4
Operating Expense8013.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot67
Trash Expense1200.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Water Sewer Expense1813.0
Year Built1948
Year Built SourceAssessor
ZoningLAR1

Exterior for 7030 Ramsgate Avenue

Building Area Total2916.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.1309
Lot Size Area5703.0
Lot Size SourceOwner
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,550,000
MLS#PW25055195
List Date 03/18/2025
Property Type Multi-Family
Phone 714.742.6515
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Request Info
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