7021 Ramsgate Place, Los Angeles, CA 90045

$1,495,000 Approx. USD 7 beds, 6 baths
3,972 sqft

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Marketed By The Keaty Team

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Agent Remarks

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: Active

MLS# 25504277

List price is $1,495,000 Reduced by $64,000 on 4/9/2025

Price: $1,495,000

Beds: 7

Baths: 6

Built in 1953

3,972 sqft

0.15 acres

Lot size: 0.1461