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7021 Ramsgate Place Los Angeles, CA 90045
$1,399,000 7 beds, 6 baths
3, 972 sqft
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This well-maintained, meticulously cared-for 6-unit building is located on a quiet, private street, offering the perfect balance of tranquility and convenience. Comprising one spacious 2-bedroom unit and five charming 1-bedroom units, this property presents a fantastic investment opportunity with strong rental potential and room for growth.The units are all equipped with beautiful hardwood floors, adding to their appeal while keeping maintenance costs low. With six off-street parking spaces, including four garages and two carport spots, parking is never an issue for tenants. Each unit has its own water heater, ensuring comfort and efficiency for residents while minimizing your management responsibilities.A convenient community laundry room provides additional revenue potential, and with tenants paying their own electricity and gas utilities, the property remains efficient and cost-effective. The location is ideal, with easy access to shopping and the 405 freeway, making it a highly desirable place for tenants to call home.This building offers significant upside in rent potential, making it an even more appealing option for any savvy investor. Whether you're looking for consistent cash flow or a property with long-term growth opportunities, this is the one you've been waiting for. Don't miss your chance to secure this exceptional investment!

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 25504277
List price is $1,399,000 Reduced by $96,000 on 5/17/2025
Beds: 7
Baths: 6
Built in 1953
3,972 sqft
0.15 acres
Lot size: 0.1461
County: Los Angeles
Property style: Mid-Century Modern
Zoning: LAR3
Construction: Stucco
Parking description: Attached Carport
Heating/cooling: None
Heating description: Wall Furnace
MLS area: C29 - Westchester

Last Updated: 6/20/2025

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This listing belongs to the C29 - Westchester MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 33.973664, -118.373505.
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Listing Agent: David Rosenfeld
Lic#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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