NOT LISTED FOR SALE

8928 Ramsgate Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,175,000 - $1,436,000

4 Beds
3 Baths
2,344 Sq Ft
$556/Sq Ft Est. Value

Last Sold March 21, 2012

Last sale price $502,500 $214 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $7,754/month

36 Days on Market

About This Home

As of March 2012

Fantasic investment or owner-user opportunity! Renovated and totally vacant Westchester triplex. Refinished hardwood floors, renovated kitchens and baths, fresh exterior and interior paint, dual-pane windows, noise-suppression doors, laundry hookups in all units, 3 one-car finshed garages, separate uncovered parking area, security doors. Separate utility meters for each unit. Larger owner's unit features a private newly-fenced patio and separate yard. Ready for move-in.

Last Agent to Sell the Property

Randy Frey

KW Silicon Beach License #01274166 Listed on: 11/22/2011

Last Buyer's Agent

Laura Davis

Estate Properties License #01211435

Estate Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,835

Year Built

  • Built in 1950

Lot Details

  • 6,838 Sq Ft Lot

Home Design

  • 2,344 Sq Ft Home
  • Triplex
  • Traditional Architecture
  • Composition Roof

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • 6 Car Garage
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 4125-014-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,835

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2344
  • Year Built: 1950
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 219.71

Exterior Features

  • Pool: No
  • Roof: Composition

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Private Garage, Uncovered
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 159181
  • Assessed Land Value: 578358
  • Assessor Parcel Number: 4125-014-017
  • Lot Size Area: 6838

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Triplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2012
Sold by
Anchor Capital Llc
Bought by
8928 Ramsgate Llc
Current Estimated Value
$1,303,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,750
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2011
Sold by
Uni Source Llc
Bought by
Anchor Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,600
Interest Rate
4.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2011
Sold by
Aurora Loan Services Llc
Bought by
Uni Source Llc

Purchase Details

Closed on
Oct 7, 2009
Sold by
Gaid Atef
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 28, 2005
Sold by
Steward Julian
Bought by
Gaid Atef and Gaid Hanan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
5.9%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 19, 2002
Sold by
Steward Roberta Vernell
Bought by
Steward Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,700
Interest Rate
8.8%

Purchase Details

Closed on
Aug 29, 2002
Sold by
Okeefe Richard W
Bought by
Steward Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,700
Interest Rate
8.8%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Cannon Wilford W
Bought by
Okeefe Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 16, 1999
Sold by
Cannon Bette C
Bought by
Cannon Wilford W and Cannon Bette C
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
8928 Ramsgate Llc $502,505 Fidelity National Title Co
Anchor Capital Llc -- None Available
Uni Source Llc -- Lsi Title Company
Aurora Loan Services Llc $588,267 Accommodation
Gaid Atef $695,000 Multiple
Steward Julian -- Fidelity National Title Co
Steward Julian $435,000 Fidelity National Title Co
Okeefe Richard W $240,000 Commonwealth Title
Cannon Wilford W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 8928 Ramsgate Llc $351,750
Previous Owner Anchor Capital Llc $250,600
Previous Owner Anchor Capital Llc $375,000
Previous Owner Uni Source Llc $375,000
Previous Owner Gaid Atef N $105,341
Previous Owner Gaid Atef $104,250
Previous Owner Gaid Atef $556,000
Previous Owner Steward Julian $420,000
Previous Owner Steward Julian $365,000
Previous Owner Steward Julian $288,700
Previous Owner Okeefe Richard W $50,000
Previous Owner Okeefe Richard W $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2012 03/21/12 Sold $502,500 -6.1% $214 / Sq Ft
12/28/2011 12/28/11 Pending -- -- --
11/22/2011 11/22/11 For Sale $534,900 -- $228 / 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 $7,835 $631,155 $439,613 $191,542
2024 $7,835 $618,781 $430,994 $187,787
2023 $7,691 $606,649 $422,544 $184,105
2022 $7,345 $594,755 $414,259 $180,496
2021 $7,245 $583,094 $406,137 $176,957
2019 $7,034 $565,801 $394,092 $171,709
2018 $6,915 $554,708 $386,365 $168,343
2016 $6,600 $533,170 $371,363 $161,807
2015 $6,506 $525,162 $365,785 $159,377
2014 $6,546 $514,876 $358,620 $156,256
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Randy Frey

    KW Silicon Beach

  • Laura Davis

    Buyer's Agent in 2012

    Laura Davis

    Estate Properties

    (310) 490-0474

    14 in this area

    33 Total Sales

    Laura Davis
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Map

Source: The MLS

MLS Number: 11-567811

The MLS

APN: 4125-014-017

California Los Angeles County Los Angeles 90045 Westchester

8928 Ramsgate Ave, Los Angeles, CA

This home is located at 8928 Ramsgate Ave, Los Angeles, CA 90045 since 22 November 2011 and is currently estimated at $1,303,243, approximately $555 per square foot. This property was built in 1950. 8928 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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