7030 Ramsgate Ave Los Angeles, CA 90045
Westchester NeighborhoodEstimated payment $9,096/month
Highlights
- Quartz Countertops
- Recessed Lighting
- Tile Flooring
- Ductless Heating Or Cooling System
- Laundry Room
- Heating Available
About This Home
Exceptional Investment Opportunity in Westchester! Located at 7030 Ramsgate Avenue, this property features four units, one of which is a permitted ADU. Situated in a peaceful cul-de-sac within the Westchester community, this well-maintained property showcases pride in ownership and offers a rare chance for savvy investors. The opportunity allows for immediate takeover with above-average rents, while still offering potential for value-add improvements and higher market rents. Positioned on a corner lot in a desirable, tenant-friendly neighborhood, multifamily properties in this area are in high demand. The building is in beautiful condition and will be delivered with some rental income. Currently, one unit is vacant and available for owner-occupancy. The property includes three uncovered parking spaces and ample street parking. Each unit is equipped with laundry hookups. Just minutes from top-rated schools, shopping centers, dining options, Sofi Stadium, Hollywood Park and LAX, this location also offers nearby parks. Don’t miss out on the chance to grow your real estate portfolio with this fantastic investment!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,232
Year Built
- Built in 1948
Lot Details
- 5,703 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 2,916 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Quartz Countertops
- Laundry Room
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 7 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Ductless Heating Or Cooling System
- Cooling System Mounted To A Wall/Window
- Heating Available
- Natural Gas Connected
Listing and Financial Details
- Tax Lot 67
- Tax Tract Number 11569
- Assessor Parcel Number 4103014019
- $396 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $5,000
- Trash Expense $1,200
- Water Sewer Expense $1,813
- Operating Expense $8,013
- Gross Income $126,387
- Net Operating Income $126,387
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,232 | $1,148,265 | $952,540 | $195,725 |
| 2024 | $12,232 | $986,923 | $933,863 | $53,060 |
| 2023 | $12,001 | $967,572 | $915,552 | $52,020 |
| 2022 | $11,450 | $948,600 | $897,600 | $51,000 |
| 2021 | $5,987 | $477,665 | $341,193 | $136,472 |
| 2020 | $6,044 | $472,768 | $337,695 | $135,073 |
| 2019 | $5,814 | $463,499 | $331,074 | $132,425 |
| 2018 | $5,751 | $454,412 | $324,583 | $129,829 |
| 2016 | $5,487 | $436,769 | $311,980 | $124,789 |
| 2015 | $5,410 | $430,209 | $307,294 | $122,915 |
| 2014 | $5,447 | $421,783 | $301,275 | $120,508 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | Pending | -- | -- | -- |
| 08/29/2025 08/29/25 | For Sale | $1,540,000 | 0.0% | $528 / Sq Ft |
| 08/20/2025 08/20/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | Price Changed | $1,540,000 | -0.6% | $528 / Sq Ft |
| 05/28/2025 05/28/25 | For Sale | $1,550,000 | 0.0% | $532 / Sq Ft |
| 05/14/2025 05/14/25 | Pending | -- | -- | -- |
| 05/01/2025 05/01/25 | For Sale | $1,550,000 | 0.0% | $532 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/18/2025 03/18/25 | For Sale | $1,550,000 | -- | $532 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25055195
APN: 4103-014-019
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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. Properties may or may not be listed by the office/agent presenting the information
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