NOT LISTED FOR SALE

9028 Ramsgate Ave Los Angeles, CA 90045

Westchester Neighborhood

Estimated Value: $1,209,000 - $1,588,000

5 Beds
4 Baths
2,829 Sq Ft
$509/Sq Ft Est. Value

Last Sold January 11, 2013

Last sale price $585,000 $207 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $8,276/month

108 Days on Market

About This Home

As of January 2013

This 4-Unit property features a newer roof, separate water heaters, newer garage doors, individual laundry hook ups, a nice landscape, and legitimate rental upside. The building is located close to major employment centers such as LAX and minutes from the LMU campus.

Last Agent to Sell the Property

Derek Fowler

REMAX COMMERCIAL & INVESTMENT REALTY License #01319692 Listed on: 07/27/2012

REMAX COMMERCIAL & INVESTMENT REALTY

Last Buyer's Agent

Bill Ruane

License #00972400

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,004 Sq Ft Lot

Parking

  • 4 Car Garage

Interior Spaces

  • 2,829 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 4125-011-040

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • Vacancy Allowance $2,156

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2829
  • Price Per Unit: 149750.00
  • Stories: 2
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 211.74

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Value: 146749
  • Assessed Land Value: 441256
  • Assessor Parcel Number: 4125-011-040
  • Lot Size Area: 7004

Rental Info

  • Total Actual Rent: 40960.00
  • Monthly Gross Income: 3566.00
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.89
  • Gross Scheduled Income: 42792.00
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: Income
  • Vacancy Allow: 2156
  • Vacancy Allow Percent: 5.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2023
Sold by
Calderon Vidal
Bought by
Vidal Calderon Living Trust and Calderon
Current Estimated Value
$1,439,618

Purchase Details

Listed on
Jul 27, 2012
Closed on
Nov 19, 2012
Sold by
Renteria Raquel
Bought by
Calderon Vidal
Seller's Agent
Derek Fowler
REMAX COMMERCIAL & INVESTMENT REALTY
Buyer's Agent
Bill Ruane
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$400,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2012
Sold by
Acosta Patrick
Bought by
Calderon Vidal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2008
Sold by
Acosta Adriana
Bought by
Acosta Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2008
Sold by
Piercy Gina
Bought by
Acosta Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Raedeke Michael J
Bought by
Piercy Gina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,920
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2000
Sold by
Mansour Samir and Mansour Zizette L
Bought by
Raedeke Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,200
Interest Rate
8.25%

Purchase Details

Closed on
May 17, 1996
Sold by
Labrie Leon J and Labrie Eunice M
Bought by
Mansour Samir and Mansour Zizette Labib

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
8.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Vidal Calderon Living Trust -- None Listed On Document
Calderon Vidal -- Fidelity National Title Co
Calderon Vidal $585,000 Fidelity National Title Co
Acosta Patrick -- Accommodation
Acosta Patrick $585,000 Stewart Title Of California
Piercy Gina $650,000 Southland Title Corporation
Raedeke Michael J $244,000 Fidelity National Title Co
Mansour Samir $168,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Calderon Vidal $400,000
Previous Owner Acosta Patrick $438,000
Previous Owner Piercy Gina $519,920
Previous Owner Raedeke Michael J $195,200
Previous Owner Mansour Samir $134,400
Closed Piercy Gina $97,485
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2013 01/11/13 Sold $585,000 -2.3% $207 / Sq Ft
11/12/2012 11/12/12 Pending -- -- --
07/27/2012 07/27/12 For Sale $599,000 -- $212 / 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 $8,980 $724,392 $492,568 $231,824
2024 $8,980 $710,189 $482,910 $227,279
2023 $8,768 $692,405 $473,442 $218,963
2022 $8,373 $678,829 $464,159 $214,670
2021 $8,258 $665,519 $455,058 $210,461
2019 $8,017 $645,780 $441,561 $204,219
2018 $7,914 $633,118 $432,903 $200,215
2016 $7,552 $608,536 $416,094 $192,442
2015 $7,444 $599,396 $409,844 $189,552
2014 $7,493 $587,655 $401,816 $185,839
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Derek Fowler

    RE/MAX

    Section Image

  • B

    Buyer's Agent in 2013

    Bill Ruane

See All Agents

Map

Source: The MLS

MLS Number: 12-615415

The MLS

APN: 4125-011-040

California Los Angeles County Los Angeles 90045 Westchester

9028 Ramsgate Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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