Seller's Agent in 2024
Juan Guinto
SOUTH POINTE PROPERTIES
(323) 791-4549
1 in this area
5 Total Sales
8615 Ramsgate Ave Los Angeles, CA 90045
Westchester NeighborhoodEstimated Value: $1,130,000 - $1,436,000
4
Beds
4
Baths
2,764
Sq Ft
$472/Sq Ft
Est. Value
Highlights
- Craftsman Architecture
- No HOA
- More Than Two Accessible Exits
- Corner Lot
- Laundry Room
- Tile Flooring
About This Home
As of February 2024Price Adjustment to Sell!! Great Location!!! This 4-Plex is a great buy for a first-time buyer, investor or developer. Property has plenty of parking with semi-private alley access giving you plenty of room to add to existing building or build a new multi-plex. Located in the city of Westchester near to public transportation, entertainment, restaurants, marina and LAX. All units are 1 bedroom with separate dining area and each with their own washroom. Property has 4 individual garages, three are owner occupied with potential for additional rental income or convert to a new ADU.
Last Agent to Sell the Property
SOUTH POINTE PROPERTIES License #01794515 Listed on: 09/30/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 8,646 Sq Ft Lot
- Two or More Common Walls
- Block Wall Fence
- Corner Lot
- Rectangular Lot
- Level Lot
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Side Facing Garage
- Parking Lot
Home Design
- Craftsman Architecture
- Quadruplex
- Entry on the 1st floor
- Raised Foundation
- Shingle Roof
- Fiberglass Roof
- Stucco
Interior Spaces
- 2,764 Sq Ft Home
- 2-Story Property
- Laundry Room
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Wall Furnace
- 220 Volts
- Natural Gas Connected
Additional Features
- More Than Two Accessible Exits
- Exterior Lighting
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 2
- Tax Tract Number 15283
- Assessor Parcel Number 4125013002
- $421 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,020
- Insurance Expense $1,518
- Trash Expense $3,100
- Water Sewer Expense $3,150
- Operating Expense $8,788
- Gross Income $62,400
- Net Operating Income $51,740
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 30, 2023
Closed on
Jan 22, 2024
Sold by
Drulis Family Trust
Bought by
8615 Ramsgate Ca Llc
Seller's Agent
Juan Guinto
SOUTH POINTE PROPERTIES
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,400,000
Sold Price
$1,250,000
Premium/Discount to List
-$150,000
-10.71%
Views
312
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,914
Avg. Annual Appreciation
2.33%
Original Mortgage
$1,000,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2013
Sold by
Drulis Steven K and Drulis Ophelia A
Bought by
Drulis Steven K and Drulis Ophelia A
Purchase Details
Closed on
Sep 8, 1998
Sold by
Caudill Hugh W and Caudill Kathleen E
Bought by
Drulis Steven K and Drulis Ophelia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.71%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 8615 Ramsgate Ca Llc | $1,250,000 | Wfg National Title | |
| Drulis Steven K | -- | None Available | |
| Drulis Steven K | $225,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 8615 Ramsgate Ca Llc | $1,000,000 | |
| Previous Owner | Drulis Steven K | $202,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/14/2024 02/14/24 | Sold | $1,250,000 | -9.1% | $452 / Sq Ft |
| 10/28/2023 10/28/23 | Price Changed | $1,375,000 | -1.8% | $497 / Sq Ft |
| 09/30/2023 09/30/23 | For Sale | $1,400,000 | -- | $507 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2025 | $4,597 | $1,275,000 | $1,020,000 | $255,000 |
| 2024 | $4,597 | $345,796 | $187,500 | $158,296 |
| 2023 | $4,518 | $339,017 | $183,824 | $155,193 |
| 2022 | $4,323 | $332,370 | $180,220 | $152,150 |
| 2021 | $4,255 | $325,854 | $176,687 | $149,167 |
| 2019 | $4,136 | $316,632 | $171,448 | $145,184 |
| 2018 | $4,074 | $310,433 | $168,087 | $142,346 |
| 2016 | $3,877 | $297,958 | $161,561 | $136,397 |
| 2015 | $3,824 | $293,484 | $159,135 | $134,349 |
| 2014 | $3,866 | $287,736 | $156,018 | $131,718 |
Source: Public Records
Agents Affiliated with this Home
-
Juan Guinto
-
NoEmail NoEmail
N
Buyer's Agent in 2024
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
2 in this area
6,174 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23182952
APN: 4125-013-002
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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