8932 Ramsgate Avenue

Los Angeles, CA 90045

$1,595,000
Price
4
Beds
3
Baths
2,344 Sq. Ft.
$680 / Sq. Ft.
2,344
Sq. Ft.
$680
per Sq. Ft.

Description

Westchester? Tree-lined Street? Multi-Family Compound? Vacant? Remodeled? Plus Seller-paid interest rate buydown? You got this right, capture this hot investment opportunity in the heart of Silicon Beach at 8932 Ramsgate Ave. An exquisitely well-maintained triplex -perfect for multi-generational living- sitting on a huge street-to-alley lot right by LAX, the beach and major businesses in Playa Vista, El Segundo, Culver City & Inglewood. Three attached bungalows with one bungalow being a 2-bedrooms...Westchester? Tree-lined Street? Multi-Family Compound? Vacant? Remodeled? Plus Seller-paid interest rate buydown? You got this right, capture this hot investment opportunity in the heart of Silicon Beach at 8932 Ramsgate Ave. An exquisitely well-maintained triplex -perfect for multi-generational living- sitting on a huge street-to-alley lot right by LAX, the beach and major businesses in Playa Vista, El Segundo, Culver City & Inglewood. Three attached bungalows with one bungalow being a 2-bedrooms and 1-bathroom and the other two bungalows being a 1-bedroom and 1-bathroom, all bungalows offer spacious living spaces and abundant natural light with flexible floor-plans, private backyard and garage parking to each one of them. So many upgrades including a brand new roof installed 2 years ago, plumbing and electrical improvements, luxurious floors, fresh paint, soundproof dual-pane double-windows, updated bathrooms and kitchens with quartz/granite countertops. All units are separately metered for gas/electricity, each one has its own laundry room inside and enjoy both front/back doors for a private bungalow-living sensation. Property can be delivered occupied with tenants or vacant, great for owner-occupied, investors or developers. The huge almost 7,000 sqft street-to-alley LAR3 zoned lot with TOC Tier3 allows for so many possibilities, from converting the existing garages to ADUs to building up to 6 ADUs in the back of lot, and from building an 8-unit brand new construction apartment building by right to building up to 16-unit brand new construction apartment building using density bonuses with 4 ADUs on top of that; even as a 100% affordable housing ED1 development, there's a potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. The street-to-alley flat lot allows for a larger size building and flexible floor-plans with the garage parking access being from the back, plenty of undergoing developments on Ramsgate and Reading Avenues drive by the street to feel it and see for yourself. Amazing prime and central location on the Westside of Los Angeles, an A1 centrally superior location that can't be compromised. Short bike ride from the wetlands and ocean, 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. This fantastic one of a kind investment/development opportunity is located in the highly desirable and sought-after Westchester neighborhood nearby (~5min drive) LAX, LMU, HHLA Center, SoFi Stadium & LASED, The Forum, Intuit Dome, Westchester Village & Town Center, DownTown Westchester, Westfield CC Shopping Mall, Playa Vista Runway, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Playa Del Rey, Marina Del Rey, Manhattan Beach, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Don't miss out on this rare asset with tremendous upside potential. A Must See!
  1. Listed by Antoine Bitar • DRE #01997840 • Brokerage DRE #01435805 • Jesse Weinberg

Property Details for 8932 Ramsgate Avenue

Zoning
LAR3
Style
California Bungalow
Parcel Number
4125014016
Total Units
3.0
Living Area
2344
Source Living Area
Assessor
Area
Westchester (C29)
Lot Size Area
6820
LISTING UPDATED: 12/20/2024 12:01 AM

Property Details for 8932 Ramsgate Avenue

StatusActive
MLS #24-467977
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1950
Lot Size0.16 AC / 6,820 SF
CountyLos Angeles County

Building Information for 8932 Ramsgate Avenue

Stories1Year Built1950Building Size-Lot Size0.16 AC / 6,820 SF

Property Information for 8932 Ramsgate Avenue

Community / Development
Community / Development
  • HOA: No
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1566
  • Lot Size Square Feet: 6820
  • Lot Size Dimensions: 55x124
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Driveway - Concrete, Garage - 3 Car, Garage Is Attached, Private Garage, Side By Side, Door Opener
  • Total Parking: 3
  • Garage Spaces Total: 3
  • Number Of Remote Controls: 3.0
  • Parking Features: Concrete, Garage - Three Door, Private, Side by Side, Garage Door Opener
  • Attached Garage: Yes
Interior Features
Interior Features
  • Room Type: Living Room, Utility Room
  • Rooms: Dining Room, Living Room, Patio Open, Utility Room
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Den: No
  • Family Room: 0
  • Dining Room: 1
  • Furnished: Unfurnished
  • Cooling Type: Ceiling Fan
  • Heating Type: Wall Gas
  • Flooring: Tile, Vinyl
  • Equipment: Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Intercom, Microwave, Network Wire, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Vented Exhaust Fan, Washer
  • Interior Features: Ceiling Fan(s)
  • Common Walls: Attached
  • Laundry: In Unit, Inside, Laundry Area, Laundry Closet Stacked, Room
Exterior Features
Exterior Features
  • Pool: No
  • Pool Description: Room For
  • Spa: Yes
  • Spa: Bath Tub, Indoor, Private
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-12-2024

Property History for 8932 Ramsgate Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8932 Ramsgate Avenue

Taxable ValueLand$873,936Additions$374,544Total$1,248,480
Tax Record2024$15,393 ($1,283 / month)
Home Facts
Total Finished SqFt2,344 SqFtAbove Grade Finished SqFt2,344 SqFtLot Size6,819 SqFtStyleTriplexYear Built1950ZoningLAR3CountyLOS ANGELESAPN4125-014-016

Schools near 8932 Ramsgate Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Westport Heights Elementary School
PublicK to 5

Wesm Health/Sports Medicine
Public9 to 12

Open Charter Magnet School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8932 Ramsgate Avenue is a single family home for sale in Los Angeles, CA 90045. This property was listed for sale on December 12, 2024 by Jesse Weinberg, it's currently listed at $1,595,000. It has been on the market for a total of 10 days and was last sold on February 10, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Westport Heights Elementary School, Orville Wright Engineering And Design Magnet and Wesm Health/Sports Medicine. 8932 Ramsgate Avenue is a 4-bed, 3-bath, 2,344 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jesse Weinberg, Antoine Bitar, DRE #01997840

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.