7133 RAMSGATE Avenue, Los Angeles, CA 90045 (MLS # 21112051)

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PRICE $2,499,000 dsIDX morgage calculator
BEDS n/a
BATHS 0
HOME SIZE 3,520 sqft
LOT SIZE 8,229 sqft

Westchester's Finest Fourplex, a brand new fully remodeled and 100% vacant masterpiece estate sitting among tropical garden. Prime investment opportunity for investors to hold and collect massive income (call for more info), or tear-down and develop a beautifully designed Modern Spanish 10 units building (demo-permit in hand and city approved building plans are available with the sale) in an A1 centrally superior location that can't be compromised. Gated oasis compound on a beautiful tree-lined street in quite Westchester Triangle neighborhood, amazing prime and central location on the Westside of Los Angeles. Huge deep lot with over 25 mature trees, 100ft high palm trees, lemon, blackberries, mint, flowering, Hawaiian trees, etc. Short bike ride from the wetlands and beach, nice walk to Central Park PV and Bluff Creek trails, right by Kenneth Hahn State Rec Area for jaw-drop views while hiking or biking. A truly paradise estate in astonishing nature with a vacation feeling and relaxed suburbs vibe. Elevated property offering great views of the surrounding hills and canyons landscape. All units are separately metered for gas/electricity and enjoy both front/back doors for a private bungalow-living sensation. Live in one of the luxurious spacious units while renting the rest of property for extra income, or rent out the whole property for max rental income. Check with city to convert the current ~1,000 sqft four-car garages into fully permitted ADU for a total of 5 units on sight. Demo-Permit in hand, amazing opportunity to build a 10-units apartment building by right market rates, or a 15-units apartment building utilizing LAMC 12.22A25 density bonus with setting aside 3 units for affordable housing. This fantastic one of a kind investment/development opportunity is located in the highly desirable and sought-after Westchester neighborhood of west side Los Angeles nearby (~5min drive) LAX, LMU, HHLA Center, SoFi LASED, The Forum, Westchester Village & Town Center, Westfield CC Shopping Mall, Playa Vista Runway, Kenneth Hahn State Rec Area, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship and walking distance (~5min walk) to everything needed at Ladera Center Shopping Mall & The Interchange @ La Cienega; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Ballona Wetlands, Pacific Ocean, Playa Del Rey, Marina Del Rey, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Calling all investors, developers, flippers, and owners/users who are looking to invest and expand or build their State-of-the-art 10 NON-RENT CONTROL Luxurious Units Apartment Building With 360-Degree Amazing Views Rooftop Deck (Astonishing portfolio addition that's worth at $12M after construction value). The property is delivered vacant, shovel-ready and comes with a city-approved set of plans to build a beautifully designed Modern Spanish building. Seller will provide the original plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential. A Must See!

DAYS ON MARKET 158 LAST UPDATED 2/10/2022
YEAR BUILT 1950 COMMUNITY Westchester
GARAGE SPACES 4.0 COUNTY Los Angeles
STATUS Active PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
APPLIANCES Barbecue, Disposal, Dryer, Microwave, Refrigerator, Vented Exhaust Fan, Washer
AREA Westchester
GARAGE Concrete, Controlled Entrance, Driveway Down Slope From Street, Gated, Guest, Oversized, Private, Side by Side, Storage, Yes
HEAT Floor Furnace
HOA DUES 0
INTERIOR Ceiling Fan(s)
LOT 8229 sq ft
LOT DIMENSIONS 55 x 150
PARKING Controlled Entrance,Concrete,Driveway Down Slope From Street,Guest,Gated,Oversized,Private,Side By Side,Storage
STORIES 1
ZONING LAR3
MORTGAGE CALCULATOR
   

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CONTACT US ABOUT 7133 RAMSGATE AVENUE
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Listing provided by : Antoine Bitar CalDRE: 01997840 | 424-214-8574, Jesse Weinberg

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/22/22 7:42 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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