9027 Ramsgate Ave Los Angeles, CA 90045
Westchester NeighborhoodEstimated payment $7,989/month
Total Views
5,034
8
Beds
4
Baths
3,542
Sq Ft
$394
Price per Sq Ft
Highlights
- Laundry Room
- Bike Trail
- 1-Story Property
About This Home
9027 Ramsgate Ave is a well-maintained 4-unit apartment building located in the heart of Westchester, one of Los Angeles' most desirable rental markets. The property features an ideal unit mix of (4) spacious 2-bedroom, 1-bathroom units—perfect for long-term tenants and student renters alike. Recent upgrades include soundproof windows, doors, and walls, as well as a full roof replacement in 2020, ensuring quiet comfort and reduced future maintenance.
Residents enjoy access to a private grass courtyard in the rear of the property—an inviting outdoor space that adds to the building’s tenant appeal. Additional amenities include common-area laundry and security cameras for added convenience and peace of mind.
The asset delivers a current 4.87% CAP rate and a 13.65 GRM, with significant rental upside of 55%—offering investors a projected 8% market CAP.
Strategically located near LAX, Loyola Marymount University, Ladera Heights, and the expanding LAX Metro Line, 9027 Ramsgate Ave presents a rare opportunity to own a turnkey asset with value-add potential in a high-demand neighborhood poised for continued growth.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 05/08/2025
Co-Listing Agent
Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,655
Year Built
- Built in 1951
Lot Details
- 6,983 Sq Ft Lot
- Two or More Common Walls
- Density is 2-5 Units/Acre
- Land Lease
Home Design
- Quadruplex
Interior Spaces
- 3,542 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 2 Open Parking Spaces
- 5 Parking Spaces
- 3 Carport Spaces
Listing and Financial Details
- Tax Lot 33
- Tax Tract Number 15283
- Assessor Parcel Number 4125011009
- $517 per year additional tax assessments
- Seller Considering Concessions
Community Details
Recreation
- Bike Trail
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $5,313
- Maintenance Expense $4,088
- Other Expense $3,400
- New Taxes Expense $18,496
- Operating Expense $31,250
- Gross Income $99,138
- Net Operating Income $67,888
Additional Features
- 4 Units
- Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,655 | $352,157 | $177,741 | $174,416 |
| 2024 | $4,655 | $345,253 | $174,256 | $170,997 |
| 2023 | $4,576 | $338,485 | $170,840 | $167,645 |
| 2022 | $4,381 | $331,849 | $167,491 | $164,358 |
| 2021 | $4,307 | $325,343 | $164,207 | $161,136 |
| 2019 | $4,187 | $315,695 | $159,338 | $156,357 |
| 2018 | $4,085 | $309,506 | $156,214 | $153,292 |
| 2016 | $3,876 | $297,490 | $150,149 | $147,341 |
| 2015 | $3,823 | $293,022 | $147,894 | $145,128 |
| 2014 | $3,864 | $287,283 | $144,997 | $142,286 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $1,395,000 | -6.9% | $394 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $1,499,000 | -- | $423 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Law Offices Of Asset Protectio | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | -- | Old Republic Title Company | |
| Grant Deed | -- | Landsafe Title Company | |
| Grant Deed | -- | Landsafe Title | |
| Quit Claim Deed | -- | -- | |
| Grant Deed | $146,000 | Fidelity National Title Co | |
| Corporate Deed | -- | -- | |
| Trustee Deed | $319,694 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $535,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $124,000 | No Value Available | |
| Previous Owner | $36,400 | Credit Line Revolving | |
| Previous Owner | $124,100 | No Value Available |
Source: Public Records
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB25102482
APN: 4125-011-009
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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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