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Backup Offers

7127 Ramsgate Ave, Los Angeles, CA, 90045

$1,500,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
4 Baths
3,567 SqFt
$421/SqFt
House

Location

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7127 Ramsgate Ave, Los Angeles$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingGarage
Garage4 spaces
Year Built1955
HeatingCentral
CoolingNone
FireplaceNone
MLS #24423813
Lot Size0.18 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7127 Ramsgate Ave

Development Dream Opportunity in Ladera/Westchester/Los Angeles! This property, zoned R3, is located in a dynamic and highly sought-after area, making it an ideal investment for developers. It offers a substantial buildable area, perfect for a larger multifamily residential project. With a generous lot size and significant allowable floor area, this parcel is poised to maximize your investment in a prime location. Property Details: Units 4; (2 x 2 Bedroom/1 Bath and 2 x 1 Bedroom/1 Bath) Features: Each unit includes in-unit washer & dryer hookups. Occupancy: Upon closing, 2 of the units will be delivered vacant, perfect for an owner-occupy buyer. Rent Status: All units are currently rented on a month-to-month basis. The property is conveniently located near the 405 freeway, LAX airport, shops, and restaurants, making it an attractive option for future tenants. Interior inspections will be subject to a written offer, loan approval, and proof of funds to close. Buyers are advised to do their due diligence regarding all information provided by the seller. The sellers are flexible and motivated, offering this property at a great value with endless possibilities. Please do not disturb the tenants.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 0
  • Living Area: 3,567 SqFt

Listing Office:

  • Office Name: Yolanda Washington
  • Office Phone: (323) 571-0872
  • Listing Agent: Yolanda Washington

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

Other

Directions Information:

  • Directions: Westchester 29 Area; West of La Cienega Blvd; East of La Tijera Blvd.; South of Centinela Avenue; North of Manchester Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $421/SqFt

Tax Information:

  • Annual Amount: $4,990
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

7127 Ramsgate Ave vs Los Angeles

88 DAYS ON ROCKET

+50 Days

$1,500,000

+$476.5K More

$421/SqFt

-$220 Less

KEY TAKEAWAY

This property is $476.5K more than the Median Sold Price and $220/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24423813

Listing Office:

  • Office Name: Yolanda Washington
  • Office Phone: (323) 571-0872
  • Listing Agent: Yolanda Washington

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 1:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 1996Home Sold
$248,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,990$380,595
2020$4,850$376,693
2019$4,728$369,308
2018$4,634$362,067
2017$4,634$354,968

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-67827
7
/10

  • Open Charter Magnet

  • 5540 W 77th St

  • 0.38 miles

  • Public Charter Grades KG-5

school-card-donut-67828
4
/10

  • Highland Elementary School

  • 430 Venice Way

  • 0.64 miles

  • Public District Grades KG-6

school-card-donut-67829
4
/10

  • Westport Heights Elementary School

  • 6011 W 79th St

  • 0.95 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,088. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7127 Ramsgate Ave

What is the listing price of this property?

The listing price of 7127 Ramsgate Ave property is $1,500,000.

What type of property is this?

The property 7127 Ramsgate Ave is a house located in Los Angeles, California, 90045.

Is this property for sale now?

Accepting Backup Offers: 7127 Ramsgate Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,990 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 3, 1996 for $248,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7127 Ramsgate Ave has 7 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 7127 Ramsgate Ave is 3,567 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7127 Ramsgate Ave is 1955.

Rocket Homes›California›Los Angeles County›Los Angeles›90045›7127 Ramsgate Ave

This home is located at 7127 Ramsgate Ave in Los Angeles, CA and zip code 90045 in the Westchester neighborhood. This 3,567 square foot home, which was built in 1955, sits on a 0.18 acre lot. Features: 7 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 17, 2024 and is currently priced at $1,500,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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