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7137 Ramsgate Avenue Los Angeles, CA $ 1,525,000
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7137 Ramsgate Avenue
$ 1,525,000
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7137 Ramsgate Avenue

Los Angeles, CA, 90045
$ 1,525,000
Baths1.1 Sq 5,185

Monthly Estimate*

$ 9,514

Listed by Vista Sotheby’s International Realty
​
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,525,000 with 1 full bath, 1 half bath. This 5,185 square foot home was built in 1959 on a lot size of 0.1964.

Nestled in the heart of the highly desirable Westchester neighborhood, 5-unit property offers an exceptional investment opportunity. The complex comprises a spacious 3-bedroom, 1.5-bathroom unit featuring a cozy fireplace and A/C, along with four 2-bedroom, 2-bathroom units, each equipped with A/C. The property boasts a stable tenant base, including some Section 8 tenants, ensuring consistent and guaranteed rental income. Most tenants are long-term. Residents benefit from an on-site community laundry room and a shared backyard area, perfect for barbecues and gatherings. The property's prime location offers unparalleled convenience, situated just minutes from the 405 and 105 freeways, providing easy access to major transportation routes. It's also in close proximity to Ladera Heights Shopping Center, Westfield Shopping Center, beautiful beaches, and popular local attractions such as LAX, SoFi Stadium, Intuit Dome, and Hollywood Park Casino. This multi-family property combines comfort, convenience, and strong income potential, making it a standout addition to any investment portfolio.

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Multi-Family Active

Price

$ 1,525,000

Bedrooms

Studio

Full Bath

1

Half Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1964

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SB25215149

Days on Market

102
Features
General
Sewer Public Sewer
Possession Close Of Escrow
Roof Shingle
Appliances Free-Standing Range Refrigerator
HOA Fee 0
Garage Spaces 4
Pool Features None
Year Built 1959
Tenant Pays Electricity Gas
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 9694
Community Features Sidewalks
County Los Angeles
Net Operating Income 8531
Operating Expense 1163
Insurance Expense 2016
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions go East on La Tijera Blvd turn right on Thornburn left on Ramsgate
City Los Angeles
Entry Location 1
Senior Community Y/N 0
Number Of Units Total 5
MLS Area C29 - Westchester
Lot Size Units Square Feet
Lot Size Square Feet 8557
Listing Terms Cash to New Loan 1031 Exchange
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Trash Expense 7560
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 107
Total Actual Rent 6823
Property Sub Type Additional Apartment
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Interior
Fireplace Features Gas Living Room
Total Stories 1
Common Walls 1 Common Wall No One Above
Fireplace Y/N 1
Laundry Features Common Area Outside See Remarks
Entry Level 1
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Exterior
Water Source Public
Total Parking 5
Lot Size Area 8557
Number of Buildings 1
Spa 0
Building Area Total 5185
Lot Size Acres 0.1964
Private Pool 0
Lot Size Source Assessor
Number of Separate Water Meters 5
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded Features
List By
Vista Sotheby’S International Realty

Broker

ROBYN.BIENER@VISTASIR.COM

Email

Affordability Calculator

$9,514
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Monthly Principal & Interest
$9,514
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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
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$1,525,000 Listed Price

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7137 Ramsgate Avenue, Los Angeles, CA, 90045 is a Multi-Family Home for sale at $1,525,000 with 5,185 sqft and a lot size of 0.1964. 7137 Ramsgate Avenue is a studio with 1.1 baths and was built in 1959. The property's zip code is 90045 which is in Los Angeles, CA

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