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8738 Ramsgate Avenue Los Angeles, CA $ 1,350,000
8738 Ramsgate Avenue
$ 1,350,000
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8738 Ramsgate Avenue

Los Angeles, CA, 90045
$ 1,350,000
Bedrooms5 Baths1.0 Sq 3,128

Monthly Estimate*

$ 8,422

Listed by JNM Realty, INC.
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Multi-Family Home for sale in Los Angeles, CA

for $1,350,000 with 5 bedrooms and 1 full bath. This 3,128 square foot home was built in 1952 on a lot size of 0.1566.

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 vinyl 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!

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

5

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1566

Year Built

1952

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25571375

Days on Market

144

Features
General
Living Area 3128
Heating Central
Appliances Refrigerator Dryer Washer
Zoning LAR3
Year Built 1952
Levels Multi/Split
Gross Income 77031
County Los Angeles
Net Operating Income 41527
New Construction 0
Property Type Residential Income
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Exit 405 Freeway East on Manchester Ave South on Ramsgate. DO NOT DISTURB TENANTS.
City Los Angeles
Senior Community Y/N 0
Number Of Units Total 3
MLS Area C29 - Westchester
Lot Size Units Square Feet
Lot Size Square Feet 6820
Listing Terms Cash
Standard Status Active
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Interior
Total Stories 0
Heating Y/N 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area
Total Bedrooms 5
Total Baths 3
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Exterior
Parking Features One Space Uncovered
Total Parking 3
Lot Size Area 6820
Number of Buildings 2
Building Area Total 3128
Lot Size Acres 0.1566
Lot Size Source Assessor
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* Excluded Features
List By
Jnm Realty, Inc.

Broker

DEMIS@JNMREALTY.COM

Email

Affordability Calculator

$8,422
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Monthly Principal & Interest
$8,422
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,350,000 Listed Price

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8738 Ramsgate Avenue, Los Angeles, CA, 90045 is a Multi-Family Home for sale at $1,350,000 with 3,128 sqft and a lot size of 0.1566. 8738 Ramsgate Avenue has 5 bedrooms, 1.0 baths, and was built in 1952. The property's zip code is 90045 which is in Los Angeles, CA