NOT LISTED FOR SALE

8706 Ramsgate Ave Westchester, CA 90045

Westchester Neighborhood
16 Beds
24 Baths
9,360 Sq Ft
6,534 Sq Ft Lot

Last Sold August 12, 2016

Last sale price $3,168,000 $338 Per Sq Ft

73 Days on Market

Highlights

  • 16 Car Attached Garage
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of August 2016

8706 Ramsgate Avenue is an excellent opportunity to acquire a true pride of ownership property in one of the best locations in Los Angeles. Surrounded by mostly single family homes, the property is a charming 1990's built building that boasts a great unit mix consisting of 8 large two bedroom two and one half bath units averaging approximately 1,150 square feet each. All units have terrific floor plans and are town-home style units.The property is NOT subject to rent control and has significant and immediate rental upside. Unit amenities include laminate floors (select units), balconies, fireplaces, central hear and air conditioning, spacious patios, dining room area, intercom access to the front door, and upgraded kitchen with stainless steel appliances (select units). 8706 Ramgate Avenue also has an approved tract map for condominium conversion.

Last Agent to Sell the Property

Jonathan Taksa

Remax Commercial and Investment Realty License #01366169 Listed on: 03/03/2016

Last Buyer's Agent

John Mociak

License #01708711

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 6,821

Parking

  • 16 Car Attached Garage

Interior Spaces

  • 9,360 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 24 Bathrooms

Additional Features

  • 6,821 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 4125-015-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

6,821 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 9360
  • Stories: 3
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 24.00
  • Equipment: Ceiling Fan, Dishwasher
  • Price Per S Q F T: 352.03

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Attached
  • Total Parking: 16

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 693586
  • Assessed Land Value: 1631968
  • Assessor Parcel Number: 4125-015-022
  • Geocode Override: No
  • Lot Size Area: 6821

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 16.51
  • Number Of Units: 8
  • Rent Control: 0%
  • Type Of Units: Town Home
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2016 08/12/16 Sold $3,168,000 -3.9% $338 / Sq Ft
05/15/2016 05/15/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $3,295,000 +44.5% $352 / Sq Ft
03/17/2014 03/17/14 Sold $2,280,000 -0.7% $244 / Sq Ft View Prior Sale
02/03/2014 02/03/14 For Sale $2,295,000 -- $245 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
Source: The MLS

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 $10,106 $744,609 $279,903 $464,706
2024 $10,106 $730,010 $274,415 $455,595
2023 $9,935 $715,697 $269,035 $446,662
2022 $9,519 $701,664 $263,760 $437,904
2021 $9,352 $687,907 $258,589 $429,318
2019 $45,892 $3,801,500 $2,700,000 $1,101,500
2018 $39,796 $3,232,860 $2,652,000 $580,860
2016 $28,919 $2,345,754 $1,646,144 $699,610
2015 $28,682 $2,325,554 $1,631,968 $693,586
2014 $27,224 $2,150,000 $1,467,000 $683,000
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Taksa

    Seller's Agent in 2016

    Jonathan Taksa

    RE/MAX

    (424) 672-8220

    83 Total Sales

    Jonathan Taksa
    Section Image

  • J

    Buyer's Agent in 2016

    John Mociak

  • Kirby Larson

    Seller's Agent in 2014

    Kirby Larson

    RE/MAX

    (310) 897-2257

    12 Total Sales

    Kirby Larson
    Section Image
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Map

Source: The MLS

MLS Number: 16-102638

The MLS
California Los Angeles County Bradley International 90045 Westchester

8706 Ramsgate Ave, Bradley International, CA

Not Listed for Sale

MultiFamily

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