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    7133 Ramsgate Ave

    Los Angeles, CA 90045
    • $2,199,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: 21-744624
    UPDATED: 55 min ago
    $2,199,000
    • 28
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 14,000
      SQFT
    • $157
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2021
    County:
    Area:

    School Ratings & Info

    Description

    This fantastic one of a kind development opportunity is located in the highly desirable and sought-after Westchester neighborhood of west side Los Angeles nearby (~5min drive) LAX, LMU, HHLA Center, SoFi LASED, Westchester Village & Town Center, Westfield CC Shopping Mall, Playa Vista Runway, Kenneth Hahn State Rec Area, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship and walking distance (~5min walk) to everything needed at Ladera Center Shopping Mall & The Interchange @ La Cienega; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Ballona Wetlands, Pacific Ocean, Playa Del Rey, Marina Del Rey, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Calling all developers, flippers, and owners/users who are looking to build their State-of-the-art 10 NON-RENT CONTROL Luxurious Units Apartment Building With 360-Degree Amazing Views Rooftop Deck (Astonishing portfolio addition that's worth at $12M after construction value). The property is delivered vacant, shovel-ready and comes with a city-approved set of plans to build a beautifully designed Modern Spanish building. Construction could start immediately after COE. Seller will provide the permit-ready plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-28T11:42:36.5. 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.
    www.brandiprattrealestate.com/homes/118228865
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    7133 Ramsgate Ave Los Angeles, CA 90045

    • Price: $2,199,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 21-744624
    28
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    14,000
    SQFT
    $157
    $/SQFT
    2021
    Built
    Neighborhood:
    Westchester
    County:
    Los Angeles
    Area:
    Westchester
    Property Description
    This fantastic one of a kind development opportunity is located in the highly desirable and sought-after Westchester neighborhood of west side Los Angeles nearby (~5min drive) LAX, LMU, HHLA Center, SoFi LASED, Westchester Village & Town Center, Westfield CC Shopping Mall, Playa Vista Runway, Kenneth Hahn State Rec Area, Westchester Golf Course & Rec Center, restaurants, parks, schools, houses of worship and walking distance (~5min walk) to everything needed at Ladera Center Shopping Mall & The Interchange @ La Cienega; plus easy access to the 405/105/90 freeways for a straight shot (~10-20min drive) to Ballona Wetlands, Pacific Ocean, Playa Del Rey, Marina Del Rey, Venice, Santa Monica, Beverly/Hollywood Hills & DTLA among other places. Calling all developers, flippers, and owners/users who are looking to build their State-of-the-art 10 NON-RENT CONTROL Luxurious Units Apartment Building With 360-Degree Amazing Views Rooftop Deck (Astonishing portfolio addition that's worth at $12M after construction value). The property is delivered vacant, shovel-ready and comes with a city-approved set of plans to build a beautifully designed Modern Spanish building. Construction could start immediately after COE. Seller will provide the permit-ready plans, survey, and soils report at the COE. Don't miss out on this rare opportunity with tremendous upside potential.
    Exterior Features

    Covered Parking 22 Lot Size Area 8500 Other Structures None Parking Garage Above Street LevelAuto Driveway GateBuilt-In StorageDoor OpenerDriveway - ConcreteGarage Is AttachedGatedDirect EntrancePrivate GarageOversizedParking For Guests - Onsite Total Parking 22

    Interior Features

    Baths Total 38.00 Cooling Central Equipment Alarm SystemAntennaBar Ice MakerBarbequeBuilt-InsCableCeiling FanDishwasherDryerElevatorFreezerGarbage DisposalHood FanIce MakerIntercomMicrowaveNetwork WirePhone SystemRange/OvenRecirculated Exhaust FanRefrigeratorSatelliteSolar PanelsTrash CompactorVented Exhaust FanWasherWater ConditionerWater FilterWater Line To RefrigeratorWater PurifierStackable W/D HookupOtherAttic FanCentral Vacuum Heating Central

    Property Features

    Gross Income 516000 Gross Operating Income 516000 Like Units1 4 Like Units2 4 Like Units3 2 Net Operating Income 450000.00 Number Of Buildings 1 Number Of Units 10 Sale Type Standard Source Living Area Developer Source Lot Size Area Developer Source Lot Size Dimensions Developer Total Annual Expense 66000 Type Of Units Luxury Units Year Built Source Builder Zoning Lar3

    Listing provided courtesy of Antoine Bitar DRE#01997840 of Jesse Weinberg.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-07-28T11:42:36.5. 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.
     
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    eXp Realty of California, Inc.
    2603 Camino Ramon, Suite 200
    San Ramon CA, 94583