NOT LISTED FOR SALE

9012 Ramsgate Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,151,000 - $1,390,725

5 Beds
4 Baths
2,829 Sq Ft
$449/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2015

Last sale price $758,300 $268 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,808 / mo

118 Days on Market

Highlights

  • Fireplace in Bathroom
  • Wood Flooring
  • Paved or Partially Paved Lot
  • Traditional Architecture

About This Home

As of April 2015

THIS IS A GREAT OWNER /USER 4 PLEX. HUGH UPSIDE RENT ON TWO UNITS. (1) TWO BEDROOMS ONE BATH UNITS (3) ONE BEDROOM ONE BATH UNITS . NICE BACK YARD. DETACHED 4 CAR GARAGE. CLOSE PROXIMITY TO TRANSPORTATION ,SHOPPING, NOT FAR FROM BEACH.
DRIVE BY ONLY INSIDE WITH ACCEPTED OFFER. BUYER TO COOPERATE WITH SELLER IN A 1031 EXCHANGE AT NO COST TO BUYER. MAY BE SUBJECT TO FINDING A REPLACEMENT PROPERTY. AT NEW MARKET RENTS THIS BUILDING COULD BE PRODUCING $64,800 YEAR. $5400 PER MONTH.

Last Agent to Sell the Property

RONALD KEREN

THE REAL ESTATE CONSULTANTS License #01000920 Listed on: 11/04/2014

Last Buyer's Agent

Spencer Brooks

Realty Executives Westside License #01360346

Realty Executives Westside

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,014 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking
  • Community Parking Structure

Home Design

  • 2,829 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof

Kitchen

  • Gas Oven
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Fireplace in Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 122
  • Tax Tract Number 15283
  • Assessor Parcel Number 4125011043

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $1,738
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,000
  • Gross Income $5,400
  • Net Operating Income $30,945

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

7,014 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: lar3
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 4125011043
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Bath
  • Levels: Two
  • Price Per Square Foot: 268.05

Exterior Features

  • Foundation: Raised
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Carport
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Appliances: Disposal, Gas Oven
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre, Lot 6500-9999, Paved
  • Lot Size Sq Ft: 7014.00
  • Lot Size Acres: 0.1610

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 5400.00
  • Gross Multiplier: 11.86
  • Gross Scheduled Income: 42336.00
  • Insurance Expense: 1738.00
  • Lot Size Area: 7014.0000 Square Feet
  • Net Operating Income: 30945.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 11389.00
  • Rent Control: Yes
  • Total Actual Rent: 42132.00

Tax Info

  • New Taxes Expense: 8000.00
  • Tax Lot: 122
  • Tax Tract Number: 15283
  • Tax Year: 2013

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

Closed on
Aug 31, 2018
Sold by
Bought by
Current Estimated Value
$1,271,431

Purchase Details

Closed on
Nov 17, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Outstanding Balance
$566,512
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$704,919

Purchase Details

Listed on
Nov 4, 2014
Closed on
Apr 17, 2015
Sold by
Bought by
Seller's Agent
RONALD KEREN
THE REAL ESTATE CONSULTANTS
Buyer's Agent
Spencer Brooks
Realty Executives Westside
List Price
$695,000
Sold Price
$758,300
Premium/Discount to List
$63,300
9.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.74%
Original Mortgage
$636,446
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 22, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2009
Sold by
Bought by

Purchase Details

Closed on
May 29, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 4, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
1.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 24, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
5.5%

Purchase Details

Closed on
Jun 18, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.86%

Purchase Details

Closed on
Apr 27, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.86%

Purchase Details

Closed on
Jul 25, 1996
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1996
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.78%

Purchase Details

Closed on
Aug 1, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
8.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
-- None Available
-- None Available
$765,000 Fidelity National Title Co
$585,000 Old Republic Title Company
-- Lawyers Title Company
$450,000 Fidelity National Title Co
$401,000 None Available
-- First American Title Company
$725,000 First American Title Company
$470,000 Commonwealth Land Title
-- --
-- Stewart Title
-- --
-- --
$220,000 Old Republic Title Company
$301,709 Southern California Title Co
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 $675,000
Closed $636,446
Previous Owner $438,750
Previous Owner $200,000
Previous Owner $560,000
Previous Owner $352,500
Previous Owner $195,000
Previous Owner $198,000
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
04/28/2015 04/28/15 Sold $758,300 +9.1% $268 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
11/04/2014 11/04/14 For Sale $695,000 -- $246 / 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
2025 $11,453 $919,407 $480,737 $438,670
2024 $11,290 $901,380 $471,311 $430,069
2023 $11,079 $883,707 $462,070 $421,637
2022 $10,576 $866,380 $453,010 $413,370
2021 $10,436 $849,393 $444,128 $405,265
2020 $10,539 $840,685 $439,575 $401,110
2019 $10,129 $824,202 $430,956 $393,246
2018 $9,922 $808,042 $422,506 $385,536
2017 $9,709 $792,199 $414,222 $377,977
2016 $9,472 $776,666 $406,100 $370,566
2015 $7,412 $596,688 $407,992 $188,696
2014 $7,461 $585,000 $400,000 $185,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    RONALD KEREN

    THE REAL ESTATE CONSULTANTS

  • Spencer Brooks

    Buyer's Agent in 2015

    Spencer Brooks

    Realty Executives Westside

    (310) 995-1314

    2 in this area

    6 Total Sales

    Spencer Brooks
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14236080

California Regional Multiple Listing Service (CRMLS)

APN: 4125-011-043

California Los Angeles County Los Angeles 90045 Westchester

9012 Ramsgate Ave, Los Angeles, CA

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.