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Sold for $1,295,000
  • Listing Provided by: 

    Brett Lyon DRE #01717818 3107801899,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    Bought with: Lyon Stahl Investment Real Estate, Inc.
    $1,295,000

    9027 Ramsgate Ave, Los Angeles, CA 90045

    8beds
    4baths
    3,542sqft
    Quadruplex
    Built in 1951
    -- sqft lot
    $-- Zestimate®
    $366/sqft
    $2,968 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,968/mo

    Zestimate® history
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    $8,240/mo

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    What's special

    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 4.87% CAP rate and a 13.65 GRM, with significant rental upside of 55%—offering investors a projected 8% 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.

    Zillow last checked: 7 hours ago

    Listing updated: November 21, 2025 at 09:42am

    Listing Provided by:

    Brett Lyon DRE #01717818 3107801899,

    Lyon Stahl Investment Real Estate, Inc.,

    Woody Stahl DRE #01399621 310-425-9838,

    Lyon Stahl Investment Real Est

    Bought with:

    David Messiah, DRE #02117893

    Lyon Stahl Investment Real Estate, Inc.

    Cameron Samimi, DRE #02035763

    Lyon Stahl Investment Real Estate, Inc.

    Source: CRMLS,MLS#: SB25102482MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 3,542
    • Total interior livable area: 3,542 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport
    • Carport spaces: 3
    • Uncovered spaces: 2
    Features
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 6,983 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 4125011009
    • On leased land: Yes
    • Lease amount: $0
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Biking
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Conventional

    Price history

    DateEventPrice
    11/17/2025Sold$1,295,000-7.2%$366/sqft
    Source: CRMLS #SB25102482 Report a problem
    9/30/2025Contingent$1,395,000$394/sqft
    Source: CRMLS #SB25102482 Report a problem
    9/2/2025Listed for sale$1,395,000$394/sqft
    Source: CRMLS #SB25102482 Report a problem
    8/21/2025Pending sale$1,395,000$394/sqft
    Source: CRMLS #SB25102482 Report a problem
    7/9/2025Price change$1,395,000-6.9%$394/sqft
    Source: CRMLS #SB25102482 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,741 +1.8%$352,157 +2%
    2024$4,655 +1.7%$345,253 +2%
    2023$4,576 +4.5%$338,485 +2%

    Find assessor info on the county website

    Neighborhood: Westchester

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.