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.
Property Details
Price:
$1,500,000
MLS #:
24423813
Status:
Active Under Contract
Baths:
0
Address:
7127 Ramsgate Avenue
Type:
Residential Income
Neighborhood:
c29westchester
City:
Los Angeles
Listed Date:
Aug 5, 2024
State:
CA
ZIP:
90045
Lot Size:
7,893 sqft / 0.18 acres (approx)
Year Built:
1955
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Schools
Interior
Cooling
None
Fireplace Features
None
Heating
Central
Exterior
Garage Spaces
4.00
Parking Features
Garage
Parking Spots
4.00
Roof
Composition
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address7127 Ramsgate Avenue Los Angeles CA
- AreaC29 – Westchester
- CityLos Angeles
- CountyLos Angeles
- Zip Code90045
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Courtesy of Yolanda Washington. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
7127 Ramsgate Avenue
Los Angeles, CA
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