7127 Ramsgate Ave Los Angeles, CA 90045
Westchester Neighborhood
7
Beds
4
Baths
3,567
Sq Ft
7,893
Sq Ft Lot
Highlights
- A-Frame Home
- Central Heating
- 4 Car Garage
About This Home
As of November 2024Development 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.
Last Agent to Sell the Property
Yolanda Washington License #01217434 Listed on: 08/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,392
Year Built
- Built in 1955
Parking
- 4 Car Garage
Home Design
- 3,567 Sq Ft Home
- A-Frame Home
- Split Level Home
- Composition Roof
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Additional Features
- Laundry in unit
- 7,893 Sq Ft Lot
- Central Heating
Listing and Financial Details
- Tenant pays for gas, electricity, move out fee, move in fee
- The owner pays for gardener, water
- Assessor Parcel Number 4103-021-040
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- Rent Control
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 5, 2024
Closed on
Nov 20, 2024
Sold by
Mansur Fadi and Hanno Mousa
Bought by
Airport Building Los Angeles Inc
Seller's Agent
Yolanda Washington
Yolanda Washington
Buyer's Agent
Antoine Bitar
Jesse Weinberg
List Price
$1,500,000
Sold Price
$1,457,500
Premium/Discount to List
-$42,500
-2.83%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,000,000
Outstanding Balance
$995,270
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$513,996
Purchase Details
Listed on
Aug 5, 2024
Closed on
Nov 14, 2024
Sold by
Khabbazeh Paulin
Bought by
Mansur Fadi
Seller's Agent
Yolanda Washington
Yolanda Washington
Buyer's Agent
Antoine Bitar
Jesse Weinberg
List Price
$1,500,000
Sold Price
$1,457,500
Premium/Discount to List
-$42,500
-2.83%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$995,270
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$513,996
Purchase Details
Listed on
Aug 5, 2024
Closed on
Oct 1, 2024
Sold by
Willie And Lona Hood Living Trust and Hood Willie Roy
Bought by
Mansur Fadi and Hanno Mousa
Seller's Agent
Yolanda Washington
Yolanda Washington
Buyer's Agent
Antoine Bitar
Jesse Weinberg
List Price
$1,500,000
Sold Price
$1,457,500
Premium/Discount to List
-$42,500
-2.83%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$995,270
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$513,996
Purchase Details
Closed on
May 26, 2016
Sold by
Hood Willie and Hood Iona
Bought by
Hood Willie Roy and Hood Iona Jean
Purchase Details
Closed on
Jul 19, 2006
Sold by
Fresh & Meaty Burgers Inc
Bought by
Hood Willie and Hood Iona
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.98%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Jun 20, 2005
Sold by
Hood Willie and Hood Iona
Bought by
Fresh & Meaty Burgers
Purchase Details
Closed on
May 3, 1996
Sold by
Federal National Mortgage Association
Bought by
Hodd Willie and Hodd Iona
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
7.97%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 26, 1996
Sold by
Orsi Antonio and Orsi Carmen
Bought by
Federal National Mortgage Association
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
7.97%
Mortgage Type
Seller Take Back
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Lawyers Title Company | |
| Quit Claim Deed | -- | Lawyers Title Company | |
| Grant Deed | $1,457,500 | Lawyers Title Company | |
| Warranty Deed | -- | None Available | |
| Corporate Deed | -- | Accommodation | |
| Grant Deed | -- | -- | |
| Corporate Deed | $248,000 | -- | |
| Trustee Deed | $253,000 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | New Conventional | |
| Previous Owner | $675,000 | New Conventional | |
| Previous Owner | $347,900 | New Conventional | |
| Previous Owner | $440,000 | Negative Amortization | |
| Previous Owner | $198,000 | Unknown | |
| Previous Owner | $276,250 | Unknown | |
| Previous Owner | $224,000 | Unknown | |
| Previous Owner | $210,800 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Rent | $3,600 | +75.6% | -- |
| 04/25/2025 04/25/25 | Rented | $2,050 | +2.5% | -- |
| 04/18/2025 04/18/25 | For Rent | $2,000 | 0.0% | -- |
| 11/25/2024 11/25/24 | Sold | $1,457,500 | -2.8% | $409 / Sq Ft |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- |
| 08/05/2024 08/05/24 | For Sale | $1,500,000 | -- | $421 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,392 | $403,887 | $182,399 | $221,488 |
| 2023 | $5,300 | $395,969 | $178,823 | $217,146 |
| 2022 | $5,072 | $388,206 | $175,317 | $212,889 |
| 2021 | $4,990 | $380,595 | $171,880 | $208,715 |
| 2019 | $4,850 | $369,308 | $166,783 | $202,525 |
| 2018 | $4,729 | $362,067 | $163,513 | $198,554 |
| 2016 | $4,493 | $348,009 | $157,164 | $190,845 |
| 2015 | $4,431 | $342,783 | $154,804 | $187,979 |
| 2014 | $4,474 | $336,069 | $151,772 | $184,297 |
Source: Public Records
Agents Affiliated with this Home
-
Antoine Bitar
Seller's Agent in 2025
Antoine Bitar
Jesse Weinberg
(424) 214-8574
17 in this area
20 Total Sales
-
Yolanda Washington
Seller's Agent in 2024
Yolanda Washington
Yolanda Washington
(323) 571-0872
1 in this area
12 Total Sales
Map
Source: The MLS
MLS Number: 24-423813
APN: 4103-021-040
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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