8722 Ramsgate Avenue, Los Angeles, CA 90045
- $1,400,000
- 8
- BD
- 4
- BA
- 3,260
- SqFt
- Sold Price
- $1,400,000
- List Price
- $1,400,000
- Closing Date
- Jul 28, 2023
- Status
- CLOSED
- MLS#
- 23271071
- Year Built
- 1951
- Bedrooms
- 8
- Bathrooms
- 4
- Living Sq. Ft
- 3,260
- Lot Size
- 6,822
- Acres
- 0.16
- Days on Market
- 56
- Property Type
- Multifamily
Property Description
We are pleased to offer an attractive investment opportunity in the bustling neighborhood of Westchester. This fully vacant fourplex, comprising four spacious two-bedroom one bath units, is ripe for transformation. Value-add investors and owner-users alike have a unique chance to build significant property value. The potential to add ADUs, subject to state and local laws, alongside the ability to rent units at market rates post-Ellis Expiration on November 3, 2023, amplifies this property's investment potential. Located in the vibrant Westchester neighborhood, surrounded by economic hubs like Google, Northrop Grumman, and Boeing, and in proximity to the renowned Loyola Marymount University, this property is perfectly positioned to attract a diverse and affluent tenant base.
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Additional Information
- Heat
- None
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 4
Listing courtesy of Listing Agent: Benjamin J. Hsiang (bhsiang@riacre.com) from Listing Office: Realty Investment Advisors, Inc..
Listing sold by Hubert Chen from Mr MGM Inc.
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