8716 Ramsgate, Los Angeles, CA 90045
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
8716 Ramsgate,Los Angeles, CA 90045
$5,545,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: alan lu
Office: altc realty
MLS#:AR26164563
Source:San Diego MLS via CRMLS
Price summary
- Price:$5,545,000
About this home
Set along a quiet, tree-lined residential street in Westchester, 8716 & 8722 Ramsgate Avenue represents an extraordinary Westside investment opportunity: a turnkey, 12-unit multi-family portfolio delivering a true 7.33% cap rate and a 9.95x GRM on current in-place income. Positioned across a double lot on two adjacent parcels, the property underwent an expansive, top-to-bottom redevelopment finished in Summer of 2025, which included the ground-up construction of four brand-new units. The extensive scope of work leaves zero deferred maintenance, replacing or modernizing every primary building systemincluding plumbing, main sewer, electrical, HVAC, dual-pane windows, lighting, flooring, bathrooms and kitchen. Outside, the grounds feature refreshed stucco and paint, updated stairways and railings, new paver hardscaping, and professionally curated drought-tolerant landscaping. Inside, the optimized layout includes eight 2-bedroom and four 3-bedroom residences, each detailed with clean modern finishes and in-unit washers and dryers. Delivering immediate, durable cash flow without construction risk or lease-up exposure, this property stands out as a pristine, low-overhead Westside holding....
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Home facts
- Listing ID #:AR26164563
- Added:100 day(s) ago
- Updated:November 06, 2026 at 03:34 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$5,545,000
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