Seller's Agent in 2025
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
(310) 780-1899
4 in this area
141 Total Sales
9027 Ramsgate Ave Los Angeles, CA 90045
Westchester Neighborhood
8
Beds
4
Baths
3,542
Sq Ft
6,983
Sq Ft Lot
Highlights
- Laundry Room
- Bike Trail
- 1-Story Property
About This Home
As of November 20259027 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.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. Brokerage Phone: 3107801899 License #01717818 Listed on: 05/08/2025
Co-Listed By
Lyon Stahl Investment Real Est Brokerage Phone: 3107801899 License #01399621
Property Details
Home Type
- Multi-Family
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
- Entry on the 1st floor
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2025
Closed on
Dec 4, 2025
Sold by
3J Southbay 25 Llc
Bought by
3J St Theresa 25 Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
David Messiah
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,395,000
Sold Price
$1,295,000
Premium/Discount to List
-$100,000
-7.17%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.13%
Original Mortgage
$1,005,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 8, 2025
Closed on
Oct 29, 2025
Sold by
Presmaxton B Family Limited Partnership
Bought by
3J South Bay 25 Llc
Seller's Agent
Brett Lyon
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
David Messiah
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,395,000
Sold Price
$1,295,000
Premium/Discount to List
-$100,000
-7.17%
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Interest Rate
6.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 2, 2021
Sold by
Payton and Maxcine
Bought by
Presmaxton B Family Limited Partnership
Purchase Details
Closed on
Jul 19, 2005
Sold by
Payton Preston and Payton Maxcine
Bought by
The Presmaxton B Family Lp
Purchase Details
Closed on
May 19, 2005
Sold by
The Presmaxton B Family Lp
Bought by
Payton Preston and Payton Maxcine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.84%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Feb 12, 2002
Sold by
Payton Preston and Payton Maxcine
Bought by
The Presmaxton B Family Ltd Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.04%
Purchase Details
Closed on
Feb 5, 1999
Sold by
Payton Preston and Payton Maxcine
Bought by
The Presmaxton B Family Ltd Partnership
Purchase Details
Closed on
May 24, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Payton Preston and Payton Maxcine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,100
Interest Rate
7.97%
Purchase Details
Closed on
Jul 11, 1995
Sold by
First Federal Bank Of California
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Oct 21, 1994
Sold by
Graybill Michael J and Longeuay Jerry S
Bought by
First Federal Bank Of California
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | First American Title Company | |
| Grant Deed | $1,295,000 | First American Title Company | |
| Quit Claim Deed | -- | Law Offices Of Asset Protectio | |
| 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 | $1,005,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $124,000 | No Value Available | |
| Previous Owner | $124,100 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Sold | $1,295,000 | -7.2% | $366 / Sq Ft |
| 09/02/2025 09/02/25 | For Sale | $1,395,000 | 0.0% | $394 / Sq Ft |
| 08/15/2025 08/15/25 | Pending | -- | -- | -- |
| 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)
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
Agents Affiliated with this Home
-
Brett Lyon
-
Woody Stahl
Seller Co-Listing Agent in 2025
Woody Stahl
Lyon Stahl Investment Real Est
(310) 710-3829
4 in this area
150 Total Sales
-
David Messiah
Buyer's Agent in 2025
David Messiah
Lyon Stahl Investment Real Estate, Inc.
(310) 593-9869
5 in this area
22 Total Sales
-
Cameron Samimi
Buyer Co-Listing Agent in 2025
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
6 in this area
207 Total Sales
Map
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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