NOT LISTED FOR SALE

7160 Ramsgate Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,015,000 - $1,354,000

3 Beds
3 Baths
2,113 Sq Ft
$556/Sq Ft Est. Value

Last Sold April 25, 2012

Last sale price $370,000 $175 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $6,936/month

10 Days on Market

Highlights

  • Ceiling Fan
  • 3 Car Garage
  • 1-Story Property

About This Home

As of April 2012

Westchester Neighborhood - Triplex/Corner Property Zoned R3, great for future development - Front & Back Yards (gated) - Property is located in LA City Rent Control - Currently 2 Units are rented / 1 Vacancy - Shared Laundry Room - Each Unit has it's own 1-Car Garage - TLC needed in Vacant Unit and some deferred maintenance - Great Rental Area - Short Sale - DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Jeanne Rousseau-Webb

Keller Williams Silicon Beach License #01903048 Listed on: 01/10/2012

Last Buyer's Agent

Danita Tabron

Keller Williams Los Angeles License #01187294

Keller Williams Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,841

Year Built

  • Built in 1950

Lot Details

  • 7,187

Parking

  • 3 Car Garage

Home Design

  • Triplex

Interior Spaces

  • 2,113 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Additional Features

  • 7,187 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4103-020-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,841

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2113
  • Stories: 1
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 170.37

Exterior Features

  • Pool: No

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Private Garage
  • Total Parking: 3

Utilities

  • Electric Expense: 450.00
  • Heating: Wall
  • Water Expense: 1400.00

Fee Information

  • Gas Expense: 275.00
  • Insurance Expense: 1205.00

Lot Info

  • Assessed Improvement Value: 143530
  • Assessed Land Value: 331223
  • Assessor Parcel Number: 4103-020-020
  • Lot Size Area: 7187

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100%
  • Total Annual Expense: 9796
  • Type Of Units: Triplex
  • Vacancy Rate: 66.66%

Tax Info

  • Tax Expense: 3831.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2014
Sold by
Ahluwalia Joginder S
Bought by
3Rd Ahluwalia Family Trust
Current Estimated Value
$1,183,667

Purchase Details

Listed on
Jan 10, 2012
Closed on
Apr 9, 2012
Sold by
Ahluwalia Harjinder K
Bought by
Ahluwalia Joginder S
Seller's Agent
Jeanne Rousseau-Webb
Keller Williams Silicon Beach
Buyer's Agent
Danita Tabron
Keller Williams Los Angeles
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Listed on
Jan 10, 2012
Closed on
Apr 2, 2012
Sold by
Braud Monique
Bought by
Ahluwalia Joginder S
Seller's Agent
Jeanne Rousseau-Webb
Keller Williams Silicon Beach
Buyer's Agent
Danita Tabron
Keller Williams Los Angeles
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%

Purchase Details

Closed on
Aug 9, 2004
Sold by
Braud Monique
Bought by
Braud Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,300
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2004
Sold by
Peace James H
Bought by
Braud Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,300
Interest Rate
5.95%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 19, 2003
Sold by
Braud Rena and Braud Monique
Bought by
Braud Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2000
Sold by
Braud Rena
Bought by
Braud Rena and Braud Monique

Purchase Details

Closed on
Oct 20, 1998
Sold by
Braud Rena and Braud Monique
Bought by
Braud Rena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,234
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 1995
Sold by
Braud Rena
Bought by
Braud Rena and Braud Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.97%

Purchase Details

Closed on
Jul 19, 1995
Sold by
Stanfield Marilyn and Scanlan Adrienne
Bought by
Braud Rena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,998
Interest Rate
7.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
3Rd Ahluwalia Family Trust -- None Available
Ahluwalia Joginder S -- Old Republic Title Company
Ahluwalia Joginder S $370,000 Old Republic Title Company
Braud Monique -- Old Republic Title Company
Braud Monique -- Chicago Title Insurance Comp
Braud Monique -- Chicago Title Company
Braud Monique -- Ctc
Braud Rena -- --
Braud Rena -- South Coast Title
Braud Rena -- Orange Coast Title
Braud Rena $226,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braud Monique $200,000
Previous Owner Braud Monique $30,300
Previous Owner Braud Monique $30,300
Previous Owner Braud Monique $368,000
Previous Owner Braud Rena $249,234
Previous Owner Braud Rena $25,000
Previous Owner Braud Rena $217,998
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2012 04/25/12 Sold $370,000 +2.8% $175 / Sq Ft
01/20/2012 01/20/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $360,000 -- $170 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $5,841 $464,728 $326,569 $138,159
2024 $5,841 $455,616 $320,166 $135,450
2023 $5,737 $446,684 $313,889 $132,795
2022 $5,482 $437,927 $307,735 $130,192
2021 $5,404 $429,341 $301,701 $127,640
2019 $5,248 $416,608 $292,753 $123,855
2018 $5,157 $408,440 $287,013 $121,427
2016 $4,920 $392,582 $275,869 $116,713
2015 $4,850 $386,686 $271,726 $114,960
2014 $4,887 $379,113 $266,404 $112,709
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jeanne Rousseau-Webb

    Keller Williams Silicon Beach

  • Danita Tabron

    Buyer's Agent in 2012

    Danita Tabron

    Keller Williams Los Angeles

    (310) 464-5911

    8 Total Sales

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Map

Source: The MLS

MLS Number: 12-575209

The MLS

APN: 4103-020-020

California Los Angeles County Los Angeles 90045 Westchester

7160 Ramsgate Ave, Los Angeles, CA

This home is located at 7160 Ramsgate Ave, Los Angeles, CA 90045 since 10 January 2012 and is currently estimated at $1,175,667, approximately $556 per square foot. This property was built in 1950. 7160 Ramsgate Ave is a home located in Los Angeles County with nearby schools including Westport Heights Elementary, Wright Middle School STEAM Magnet, and Westchester Enriched Sciences Magnets.

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