9027 Ramsgate Ave - Apartments FOR SALE


Los Angeles, CA 90045- Westchester
$1,499,000 USD
310-780-1899
9027 Ramsgate Ave, Los Angeles, CA for Sale
$1,499,000 USD
Apartments - FOR SALE
1/15
null | 4.31% Cap Rate

9027 Ramsgate Ave
Los Angeles, CA 90045
Westchester


HIGHLIGHTS

  • Well-Maintained 4-Unit Property in the Heart of Westchester
  • Unit Mix: (4) Spacious 2-Bed/1-Bath Units with Front & Rear Entrances
  • Strong In-Place Income: 4.31% CAP Rate & 14.67 GRM
  • Great Value-Add Potential: 42% Rental Upside & 7% Projected Market CAP
  • All Units Equipped with Soundproof Windows, Doors, and Walls | Roof Replaced in 2020
  • On-Site Laundry Room, Security Cameras, Assigned Carports with Storage | Grass Courtyard in the Back

OVERVIEW

9027 Ramsgate Ave is a well-maintained 4-unit apartment building located in the heart of Westchester, one of Los Angeles' most desirable rental markets. The property features an ideal unit mix of (4) spacious 2-bedroom, 1-bathroom units—perfect for long-term tenants and student renters alike. Recent upgrades include soundproof windows, doors, and walls, as well as a full roof replacement in 2020, ensuring quiet comfort and reduced future maintenance. Residents enjoy access to a private grass courtyard in the rear of the property—an inviting outdoor space that adds to the building’s tenant appeal. Additional amenities include common-area laundry and security cameras for added convenience and peace of mind. The asset delivers a current 4.31% CAP rate and a 14.67 GRM, with significant rental upside of 42%—offering investors a projected 7% market CAP. Strategically located near LAX, Loyola Marymount University, Ladera Heights, and the expanding LAX Metro Line, 9027 Ramsgate Ave presents a rare opportunity to own a turnkey asset with value-add potential in a high-demand neighborhood poised for continued growth.

FOR SALE DETAILS

PRICE

$1,499,000 USD

PRICE/SF

$423 USD /SF

# OF UNITS

4

PRICE/UNIT

$374,750

CAP RATE

4.31%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Units in Westchester

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

4125-011-009

ASK ABOUT THIS PROPERTY

Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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Brett LyonLyon Stahl Investment Real Estate, Inc.More Info
310-780-1899

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