5 months on rocket

8931 Ramsgate Ave, Los Angeles, CA, 90045

$1,195,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Baths
1,786 SqFt
$669/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

8931 Ramsgate Ave, Los Angeles$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingGarage
Year Built1950
MLS #24395369
Lot Size0.16 Acres
StatusActive

About 8931 Ramsgate Ave

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

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 1,786 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Garage

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
  • Price Per SqFt: $669/SqFt

Tax Information:

  • Annual Amount: $12,452
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

8931 Ramsgate Ave vs Los Angeles

177 DAYS ON ROCKET

+139 Days

$1,195,000

+$171.5K More

$669/SqFt

+$28 More

KEY TAKEAWAY

This property is $171.5K more than the Median Sold Price and $28/SqFt more 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: #24395369

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

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: 11/15/2024, 8:20:51 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

Mar 20, 2019Home Sold
$1,000,000
Sep 14, 2001Home Sold
$257,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-540407
4
/10

  • Westport Heights Elementary School

  • 6011 W 79th St

  • 0.86 miles

  • Public District Grades KG-5

school-card-donut-540408
7
/10

  • Open Charter Magnet

  • 5540 W 77th St

  • 0.92 miles

  • Public Charter Grades KG-5

school-card-donut-540409
4
/10

  • Oak Street Elementary School

  • 633 S Oak St

  • 0.95 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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 most common level of education of people living in this area is post secondary degree.

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 a house 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).

How many bedrooms and bathrooms does this property have?

The property at 8931 Ramsgate Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8931 Ramsgate Ave is 1,786 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8931 Ramsgate Ave is 1950.

Rocket Homes›California›Los Angeles County›Los Angeles›90045›8931 Ramsgate Ave

This home is located at 8931 Ramsgate Ave in Los Angeles, CA and zip code 90045 in the Westchester neighborhood. This 1,786 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $1,195,000.

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. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. 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.

More Resources