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Sold for $1,250,000
  • Listing Provided by: 

    Juan Guinto DRE #01794515 323-791-4549,

    SOUTH POINTE PROPERTIES

    Bought with: NONMEMBER MRML
    $1,250,000

    8615 Ramsgate Ave, Los Angeles, CA 90045

    4beds
    4baths
    2,764sqft
    Quadruplex
    Built in 1950
    -- sqft lot
    $1,526,700 Zestimate®
    $452/sqft
    $3,302 Estimated rent

    Home value

    $1,526,700

    $1.36M - $1.73M

    $3,302/mo

    Zestimate® history
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    What's special

    Price Adjustment to Sell!! Great Location!!! This 4-Plex is a great buy for a first-time buyer, investor or developer. Property has plenty of parking with semi-private alley access giving you plenty of room to add to existing building or build a new multi-plex. Located in the city of Westchester near to public transportation, entertainment, restaurants, marina and LAX. All units are 1 bedroom with separate dining area and each with their own washroom. Property has 4 individual garages, three are owner occupied with potential for additional rental income or convert to a new ADU.

    Zillow last checked: 7 hours ago

    Listing updated: February 14, 2024 at 10:03pm

    Listing Provided by:

    Juan Guinto DRE #01794515 323-791-4549,

    SOUTH POINTE PROPERTIES

    Bought with:

    Karapet Boyadjian, DRE #01351914

    NONMEMBER MRML

    Source: CRMLS,MLS#: CV23182952MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • Flooring: Carpet, Tile, Vinyl
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 2,764
    • Total interior livable area: 2,764 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: One Space, Garage Faces Side
    • Garage spaces: 4
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: Safe Emergency Egress from Home
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Block
    • Has view: Yes
    • View description: None
    Lot
    • Size: 8,646 sqft
    • Dimensions: 8646 sqft
    • Features: 0-1 Unit/Acre, Corner Lot, Level, Rectangular Lot
    Details
    • Parcel number: 4125013002
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Craftsman
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Foundation: Raised
    • Roof: Fiberglass,Shingle
    Condition
    • New construction: No
    • Year built: 1950

    Utilities & green energy

    • Electric: Standard, 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Community
    • Community features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 3900

    Other

    Other facts
    • Listing terms: Cash to New Loan,Conventional,1031 Exchange,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    2/14/2024Sold$1,250,000-9.1%$452/sqft
    Source: CRMLS #CV23182952 Report a problem
    12/15/2023Contingent$1,375,000$497/sqft
    Source: CRMLS #CV23182952 Report a problem
    10/28/2023Price change$1,375,000-1.8%$497/sqft
    Source: CRMLS #CV23182952 Report a problem
    10/1/2023Listed for sale$1,400,000+522.2%$507/sqft
    Source: CRMLS #CV23182952 Report a problem
    10/26/1998Sold$225,000$81/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,626 +239.9%$1,275,000 +268.2%
    2024$4,597 +1.7%$346,236 +2%
    2023$4,518 +4.5%$339,457 +2%

    Find assessor info on the county website

    Neighborhood: Westchester

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,526,700
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,526,700