8738 Ramsgate Ave - Multi-Family FOR SALE


Los Angeles, CA 90045- Westchester
$1,350,000 USD
310-270-6616
8738 Ramsgate Ave, Los Angeles, CA for Sale
$1,350,000 USD
Multi-Family - FOR SALE
1/5
null | 3.08% Cap Rate

8738 Ramsgate Ave
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • Excellent unit mix and large unit sizes, onsite laundry room
  • No onsite manager required, individual water heaters per unit
  • Tenants pay trash
  • Upside of approximately 51% to potential rents
  • Three (3) onsite covered parking spaces, ADU potential
  • Lowest Price per Square Foot of all Duplex and Triplex properties sold in 90045 in 2025

OVERVIEW

8738 Ramsgate Ave is a tremendously well-kept three-unit property in the Westchester neighborhood of Los Angeles with approximately 51% upside in potential rents, exclusively represented by JNM Realty. The two (2) buildings feature a unit mix of one (1) 1-bed/1-bath unit (800 sqft) and two (2) two-bed/one-bath units (1,000 sqft each). The units are all renovated featuring hardwood flooring, updated countertops and cabinetry, and renovated bathrooms. Each unit has an onsite parking space and its own water heater. Tenants are responsible to pay their own trash expenses. The building is easy to manage, requiring no onsite manager and no major attention. JNM Realty has managed this building since 2019 and is available to continue managing for an investor or hand the keys off to a buyer to self-manage or a manager of the buyer's choice. A stone's throw from LAX (Los Angeles International Airport), the property is surrounded by hotels, parking lots, and restaurants, with a 2-minute drive proximity to the 405 Freeway, providing ample employment access for current and future tenants. Listed at $1,350,000, the property is listed as the lowest price per square foot of all duplex and triplexes sold in the 90045 zip code in 2025. You're getting the most property for the lowest price along with a potential upside of 51% in Rents!

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$432 USD /SF

# OF UNITS

3

PRICE/UNIT

$450,000

CAP RATE

3.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8738 Ramsgate Ave

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4125-015-014

ASK ABOUT THIS PROPERTY

Demis DokhanianJNM RealtyMore Info
310-270-6616

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Demis DokhanianJNM RealtyMore Info
310-270-6616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.