We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 4 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.
Property Details
Property Features
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Casey Lins
Exterior Features
Exterior Information:
View: City Lights
Lot Features
Lot Information:
Lot Size: 0.16 Acres
Other
Directions Information:
Directions: Google Maps: 8931 Ramsgate Ave. Los Angeles, CA 90045
Price Information
Listing Price Info
Price Summary:
List Price: $1,195,000
Tax Information:
Annual Amount: $12,452
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $173.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24395379
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Casey Lins
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: 12/18/2024, 2:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 20, 2019
Mar 20, 2019Home Sold
$1,000,000
Sep 14, 2001
Sep 14, 2001Home Sold
$257,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,452
$1,030,567
2020
$7,889
$1,020,000
2019
$4,193
$340,335
2018
$4,106
$333,663
2017
$4,106
$327,122
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Westport Heights Elementary School
6011 W 79th St
Distance between this listing and this school0.86 miles
Public District Grades KG-5
7
/10
Open Charter Magnet
5540 W 77th St
Distance between this listing and this school0.92 miles
Public Charter Grades KG-5
4
/10
Oak Street Elementary School
633 S Oak St
Distance between this listing and this school0.95 miles
Public District Grades KG-6
Nearby Schools
4
/10
Wright Middle School - STEAM Magnet
6550 W 80th St
Distance between this listing and this school1.51 miles
Public Magnet Grades 6-8
7
/10
Wish Community
6550 W 80th St
Distance between this listing and this school1.53 miles
Public Charter Grades KG-8
3
/10
Crozier Elementary School
1210 W Regent St
Distance between this listing and this school1.64 miles
Public District Grades 7-8
Nearby Schools
2
/10
Inglewood Continuation High School
441 W Hillcrest Blvd
Distance between this listing and this school1.14 miles
Public District Grades 9-12
2
/10
Inglewood High School
231 S Grevillea Ave
Distance between this listing and this school1.59 miles
Public District Grades 9-12
7
/10
City Honors International Preparatory High School
120 W Regent St
Distance between this listing and this school1.64 miles
The neighbors living near this home have an average income of $64,372. Most Los Angeles, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8931 Ramsgate Ave
What is the listing price of this property?
The listing price of 8931 Ramsgate Ave property is $1,195,000.
What type of property is this?
The property 8931 Ramsgate Ave is land located in Los Angeles, California, 90045.
Is this property for sale now?
Active Listing: 8931 Ramsgate Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,452 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 20, 2019 for $1,000,000. (source: MLS/tax record).
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This home is located at 8931 Ramsgate Ave in Los Angeles, CA and zip code 90045 in the Westchester neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $1,195,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
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. 
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