8716 Ramsgate Avenue, Los Angeles, CA 90045

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
8716 Ramsgate Avenue,Los Angeles, CA 90045
$5,545,000
  • 28 Beds
  • 16 Baths
  • 10,500 sq. ft.
  • Multi-family
  • Active
Listed by: don favia, benjamin j. hsiang
Office: realty investment advisors, inc.
MLS#:26639463
Source:CRMLS

Price summary

  • Price:$5,545,000
  • Price per sq. ft.:$528.1

About this home

8716 and 8722 Ramsgate Avenue offer a rare Westside Los Angeles multifamily opportunity delivering a true 7.00% cap rate and sub-10 GRM (9.95x) on current in-place income - an exceptionally uncommon pricing profile for a fully rebuilt, turnkey asset in Westchester. The property consists of 12 units across two side-by-side parcels on a double lot, comprehensively redeveloped in 2025, including four newly constructed units. The scope of work was extensive and property-wide, with all major building systems replaced or upgraded, including roof, windows, plumbing, sewer, electrical, HVAC, lighting, and fixtures. The result is a true no-capex acquisition with no deferred maintenance and no near-term capital exposure. The exterior was fully redeveloped as part of the 2025 improvements, featuring new stucco and paint, updated railings and stair systems, modernized building elevations, and professionally designed drought-tolerant landscaping with paver hardscaping throughout the common areas.

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Home facts

  • Year built:1951
  • Listing ID #:26639463
  • Added:6 day(s) ago
  • Updated:January 23, 2026 at 11:38 AM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:16
  • Living area:10,500 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:10,500 sq. ft.
  • Lot area:0.31 Acres

Finances and disclosures

  • Price:$5,545,000
  • Price per sq. ft.:$528.1
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