Property Detail

9027 Ramsgate

Los Angeles CA 90045

$1,499,000

Status: Active

Property Details

Description

9027 Ramsgate Ave is a well-maintained 4-unit apartment building located in the heart of Westchester, one of Los Angeles' most desirable rental markets. The property features an ideal unit mix of (4) spacious 2-bedroom, 1-bathroom units—perfect for long-term tenants and student renters alike. Recent upgrades include soundproof windows, doors, and walls, as well as a full roof replacement in 2020, ensuring quiet comfort and reduced future maintenance. Residents enjoy access to a private grass courtyard in the rear of the property—an inviting outdoor space that adds to the building’s tenant appeal. Additional amenities include common-area laundry and security cameras for added convenience and peace of mind. The asset delivers a current 4.31% CAP rate and a 14.67 GRM, with significant rental upside of 42%—offering investors a projected 7% market CAP. Strategically located near LAX, Loyola Marymount University, Ladera Heights, and the expanding LAX Metro Line, 9027 Ramsgate Ave presents a rare opportunity to own a turnkey asset with value-add potential in a high-demand neighborhood poised for continued growth.

Map Location

Listing provided courtesy of Brett Lyon of Lyon Stahl Investment Real Estate, Inc.. Last updated 2025-05-13 08:11:48.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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