7021 Ramsgate Place

Los Angeles, CA 90045

$1,559,000

List Price

7

bed Beds

6

shower Baths

3,972 sqft

straighten / sqft

1953

calendar_month Built

Property Description

This well-maintained, meticulously cared-for 6-unit building is located on a quiet, private street, offering the perfect balance of tranquility and convenience. Comprising one spacious 2-bedroom unit and five charming 1-bedroom units, this property presents a fantastic investment opportunity with strong rental potential and room for growth.The units are all equipped with beautiful hardwood floors, adding to their appeal while keeping maintenance costs low. With six off-street parking spaces, including four garages and two carport spots, parking is never an issue for tenants. Each unit has its own water heater, ensuring comfort and efficiency for residents while minimizing your management responsibilities.A convenient community laundry room provides additional revenue potential, and with tenants paying their own electricity and gas utilities, the property remains efficient and cost-effective. The location is ideal, with easy access to shopping and the 405 freeway, making it a highly desirable place for tenants to call home.This building offers significant upside in rent potential, making it an even more appealing option for any savvy investor. Whether you're looking for consistent cash flow or a property with long-term growth opportunities, this is the one you've been waiting for. Don't miss your chance to secure this exceptional investment!

Listing Information

List Price $1,559,000
Status Active
MLS 25504277
Type Residential Income
Year Built 1953
Lot Size 6,362
Structure Size 3,972
DOM 18
Courtesy Of Advantage Real Estate
Listing Agent David Rosenfeld DRE#01109090

Interior Features

Laundry Information
Location(s) Common Area
Kitchen Information
Features Tile Counters
Total Bedroom
Bedrooms 7
Total Bathroom
Bathrooms 6
Flooring Information
Material Wood
Cooling Type
Cooling Type None
Heating Type
Heating Type Wall Furnace

Maps

home_work Nearby Properties

Listing information courtesy of: David Rosenfeld, Advantage Real Estate 424-293-1266. *Based on information from the Association of REALTORS/Multiple Listing as of Mar 21st, 2025 at 6:20 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.