8716 Ramsgate Avenue, Los Angeles, CA 90045

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
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

*CALL FOR OFFERS! NOW TOURING!* 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...

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Home facts

  • Year built:1951
  • Listing ID #:26639463
  • Added:83 day(s) ago
  • Updated:April 04, 2026 at 01:21 PM

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
  • Levels:Multi Split

Finances and disclosures

  • Price:$5,545,000
  • Price per sq. ft.:$528.1
Based on information from California Regional Multiple Listing Service, Inc. as of April 10, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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