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9016 Ramsgate Ave
Los Angeles, CA 90045
Multifamily Property For Sale · 4 Units

INVESTMENT HIGHLIGHTS

  • (1) 1-Bedroom/1-Bathroom Unit Will Be Delivered Vacant Upon the Close of Escrow
  • Tremendous Value-Add Potential – 7.01% Pro-Forma Cap Rate & 10.66 Pro-Forma GRM
  • 1-Bedroom Unit Contains Remodeled Kitchen & New Cabinets
  • Offered at $297,500 Per Unit | Unit Mix of (Two) 2-Bed/1-Bath Units and (Two) 1- Bed/1- Bath Units
  • Zoned LAR3 With TOC Tier 3 Density Bonus on Large 7,004-SF Lot | Full Copper Plumbing & Total of 4 Garage Spaces
  • Approximately 2.5 Miles to Loyola Marymount University, Otis College of Art and Design & SoFi Stadium, & Howard Hughes Center

PROPERTY FACTS

No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 2,975 SF
No. Stories 1
Year Built 1950
Parking Ratio 1.34/1,000 SF
Zoning LAR3 - LAR3 TOC Tier 3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 $1,788 708 - 987
2+1 2 $1,038 987

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4125-011-042
Land Assessment
$1,006,740
Improvements Assessment
$204,000
Total Assessment
$1,210,740
  • Listing ID: 28211693

  • Date on Market: 4/12/2023

  • Last Updated:

  • Address: 9016 Ramsgate Ave, Los Angeles, CA 90045

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