Oscar & Alex Montalvo
Responds Quickly
RE/MAX One
(747) 229-0915
67 Total Sales
1 in Westchester
$925,000 Price
8812 Ramsgate Ave Los Angeles, CA 90045
Westchester NeighborhoodEstimated Value: $1,148,000 - $1,235,089
6
Beds
3
Baths
2,352
Sq Ft
$510/Sq Ft
Est. Value
Highlights
- Midcentury Modern Architecture
- No HOA
- Laundry Facilities
- Great Room
- Living Room
- Turnkey
About This Home
As of September 2024Incredible Triplex Opportunity in Westchester with endless possibilities: This triplex offers versatility for owner-occupiers, investors, and developers. Whether you’re looking to live in one unit and rent out the others or maximize your investment potential, this property has it all.
Prime Location: Situated close to the airport, transportation hubs, shopping centers, and dining spots, convenience is at your doorstep. Plus, it’s less than a 4-mile drive to the brand-new Sofi Stadium and less than 6 miles to the beach!
Spacious Units: Each of the three units features 2 bedrooms and 1 bath, providing comfortable living spaces for tenants.
Garage Parking: With a single-car garage space assigned to each unit, parking is a breeze.
Flexible Seller: The front unit can be delivered vacant for immediate occupancy, or the seller can arrange a lease before the close of escrow.
Act Now!: Don’t miss out—bring your offers and secure this fantastic investment opportunity today!"
Feel free to reach out if you need any further details!
Last Agent to Sell the Property
Coldwell Banker Realty Brokerage Phone: 310-503-4158 License #00861049 Listed on: 07/09/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 6,823 Sq Ft Lot
- No Common Walls
- Wood Fence
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
- Three Garage Doors
Home Design
- Triplex
- Midcentury Modern Architecture
- Entry on the 1st floor
- Turnkey
- Slab Foundation
- Fire Rated Drywall
- Asphalt Roof
- Pre-Cast Concrete Construction
- Asphalt
Interior Spaces
- 2,352 Sq Ft Home
- 2-Story Property
- Window Screens
- Entryway
- Great Room
- Living Room
- Stacked Washer and Dryer
Kitchen
- Six Burner Stove
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- 220 Volts
- Natural Gas Connected
- Private Sewer
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 138
- Tax Tract Number 15283
- Assessor Parcel Number 4125015011
- $394 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,767
- Gardener Expense $2,160
- Insurance Expense $2,304
- Maintenance Expense $2,780
- Water Sewer Expense $5,301
- Operating Expense $14,632
- Gross Income $69,498
- Net Operating Income $35,634
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2024
Closed on
Sep 18, 2024
Sold by
Prasad-Campos Ashneelta
Bought by
Seller's Agent
Frank Ponce
Coldwell Banker Realty
Buyer's Agent
Jose Flores
USA Financial Consultants Inc
List Price
$1,400,000
Sold Price
$1,175,000
Premium/Discount to List
-$225,000
-16.07%
Views
223
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
$23,772
Avg. Annual Appreciation
1.05%
Original Mortgage
$940,000
Outstanding Balance
$921,049
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$277,723
Purchase Details
Listed on
Jul 9, 2024
Closed on
Sep 12, 2024
Sold by
Torao Yamamoto and Yukio Yamamoto Paul
Bought by
Campos Tizoc and Campos Jorge
Seller's Agent
Frank Ponce
Coldwell Banker Realty
Buyer's Agent
Jose Flores
USA Financial Consultants Inc
List Price
$1,400,000
Sold Price
$1,175,000
Premium/Discount to List
-$225,000
-16.07%
Views
223
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Outstanding Balance
$921,049
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$277,723
Purchase Details
Closed on
Sep 18, 2012
Sold by
Yamamoto Paul Yukio
Bought by
Yamamoto Alan Tarao and Yamamoto Paul Yukio
Purchase Details
Closed on
Oct 26, 2005
Sold by
Yamamoto Miyo Kikuchi
Bought by
Yamamoto Miyo Kikuchi and Yamamoto Ronald
Purchase Details
Closed on
Oct 27, 2003
Sold by
Yamamoto Miyo Kikuchi
Bought by
Yamamoto Miyo Kikuchi and The Paul Toshio & Miyo Kikuchi Yamamoto
Purchase Details
Closed on
Aug 13, 2001
Sold by
Cascadden Neil R
Bought by
Yamamoto Miyo Kikuchi and Paul Toshio & Miyo Kikuchi Yamamoto Tr
Purchase Details
Closed on
Jun 5, 1998
Sold by
Paluch Victor C
Bought by
Cascadden Neil R and Cascadden Sharon E
Purchase Details
Closed on
Sep 7, 1996
Sold by
Paluch Victor C
Bought by
Paluch Victor C and Paluch Marcella
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westchester, CA
-
Oscar & Alex Montalvo
-
Molly First
Molly First
Lyon Stahl Investment Real Estate, Inc.
(310) 734-4096
17 Total Sales
2 in Westchester
$1.3M - $1.6M Price Range
-
Ashmat Delawari
Ashmat Delawari
Equity Union-Westside
(661) 485-2112
50 Total Sales
1 in Westchester
$1,700,000 Price
-
David Sevanian
David Sevanian
Responds QuicklyKeller Williams VIP Properties
(661) 430-5099
71 Total Sales
1 in Westchester
$1,275,000 Price
-
Ken Sisson
Ken Sisson
Responds QuicklyChristie's International Real Estate SoCal
(424) 373-6518
32 Total Sales
1 in Westchester
$695,000 Price
-
Charles Chamorro
Charles Chamorro
Che Hill
(562) 685-8867
74 Total Sales
1 in Westchester
$1,299,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Progressive Title | ||
| Campos Tizoc | $1,175,000 | Progressive Title | |
| Yamamoto Alan Tarao | -- | None Available | |
| Yamamoto Miyo Kikuchi | -- | None Available | |
| Yamamoto Miyo Kikuchi | -- | -- | |
| Yamamoto Miyo Kikuchi | $362,000 | Fidelity National Title Co | |
| Cascadden Neil R | $285,000 | Fidelity National Title Co | |
| Paluch Victor C | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $940,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2024 09/23/24 | Sold | $1,175,000 | -9.6% | $500 / Sq Ft |
| 08/22/2024 08/22/24 | Pending | -- | -- | -- |
| 07/29/2024 07/29/24 | Price Changed | $1,300,000 | +8.3% | $553 / Sq Ft |
| 07/25/2024 07/25/24 | Price Changed | $1,200,000 | -14.3% | $510 / Sq Ft |
| 07/09/2024 07/09/24 | For Sale | $1,400,000 | -- | $595 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,407 | $1,198,500 | $1,020,000 | $178,500 |
| 2025 | $14,407 | $1,175,000 | $1,000,000 | $175,000 |
| 2024 | $6,680 | $524,275 | $420,006 | $104,269 |
| 2023 | $6,559 | $513,996 | $411,771 | $102,225 |
| 2022 | $6,266 | $503,919 | $403,698 | $100,221 |
| 2021 | $6,178 | $494,039 | $395,783 | $98,256 |
| 2019 | $5,998 | $479,388 | $384,045 | $95,343 |
| 2018 | $5,902 | $469,989 | $376,515 | $93,474 |
| 2016 | $5,630 | $451,742 | $361,896 | $89,846 |
| 2015 | $5,550 | $444,957 | $356,460 | $88,497 |
| 2014 | $5,588 | $436,242 | $349,478 | $86,764 |
Source: Public Records
Agents Affiliated with this Home
-
Frank Ponce
Seller's Agent in 2024
Frank Ponce
Coldwell Banker Realty
(310) 503-4158
1 in this area
9 Total Sales
-
Jose Flores
JF
Buyer's Agent in 2024
Jose Flores
USA Financial Consultants Inc
(858) 848-9808
1 in this area
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PV24140777
APN: 4125-015-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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