23 days on rocket

8931 Ramsgate Ave, Los Angeles, CA, 90045

$1,350,000

0.16 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewCity Lights
MLS #24395379
Lot Size0.16 Acres
StatusActive

About 8931 Ramsgate Ave

We are pleased to present 8931 Ramsgate Ave, a VACANT duplex located on 7,063 SF of LAR3 Tier 3 TOC zoned land! With the existing duplex (both 2 bed + 1 bath) being 100% vacant, there are numerous exit strategies that include the following: 1) Build 16 units + 4 ADUs utilizing the current RTI plans, 2) Renovate the existing Duplex + build new ADUs, 3) Utilize ED1 to construct 100% affordable housing project, or 4) Multiple duplex style build yield 4-6 large units. Located in the heart of Westchester, tenants will have ease of access to the 405FWY, numerous employment opportunities, Loyola Marymount University, Venice Beach, Santa Monica, El Segundo, and LAX. Ownership has plans in place for a market rate 16-unit + 2 ADU development that can be included in a sale. As a 100% affordable ED1 development, there's potential for up to 36 units with no parking requirements and an affordable stick on grade type construction. As a value-add project, a new owner can perform renovations on the existing units, both 2 bed + 1 bath units, and add additional ADUs by converting the existing rear garage. Buyer shall complete their own due diligence to determine the development potential.

Property Details

Property Features

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Exterior Features

Exterior Information:

  • View: City Lights

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

School Info

Assigned Schools Information:

  • Wesm Health/Sports Medicine, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Orville Wright Engineering and Design Magnet, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Westport Heights Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Google Maps: 8931 Ramsgate Ave. Los Angeles, CA 90045

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,350,000

Tax Information:

  • Annual Amount: $12,452
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24395379

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/15/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 20, 2019Home Sold
$1,000,000
Sep 14, 2001Home Sold
$257,000

Tax History

YEARPROP. TAXASSESSMENT
2021$12,452$1,030,567
2020$7,889$1,020,000
2019$4,193$340,335
2018$4,106$333,663
2017$4,106$327,122

History based on county public records data.

Payment Calculator

$6,805

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,114

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1322393
4
/10
  • Westport Heights Elementary School

  • 6011 W 79th St

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-1322394
9
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.15 miles

  • Public Magnet Grades KG-6

school-card-donut-1322395
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 17.51 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-1322396
4
/10
  • Orville Wright Engineering and Design Magnet

  • 6550 W 80th St

  • 1.47 miles

  • Public Magnet Grades 6-8

school-card-donut-1322397
4
/10
  • Studio

  • 2211 W Avenue 30

  • 13.27 miles

  • Public District Grades 6-8

High School

school-card-donut-1322398
5
/10
  • Wesm Health/Sports Medicine

  • 7400 W Manchester Ave

  • 2.64 miles

  • Public Magnet Grades 9-12

school-card-donut-1322399
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 11.32 miles

  • Public Magnet Grades 9-12

school-card-donut-1322400
7
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.65 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8931 Ramsgate Ave

What is the listing price of this property?

The listing price of 8931 Ramsgate Ave property is $1,350,000.

What type of property is this?

The property 8931 Ramsgate Ave is land located in Los Angeles, California, 90045.

Is this property for sale now?

Active Listing: 8931 Ramsgate Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8931 Ramsgate Ave are:
Westport Heights Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Orville Wright Engineering and Design Magnet: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Wesm Health/Sports Medicine: GreatSchools Rating 5/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $12,452 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 20, 2019 for $1,000,000. (source: MLS/tax record).

How much acreage is this property?

The property 8931 Ramsgate Ave is 0.16 acres.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900458931 Ramsgate Ave

This home is located at 8931 Ramsgate Ave in Los Angeles, CA and zip code 90045 in the Westchester neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 23, 2024 and is currently priced at $1,350,000.

From Rocket Homes Real Estate and based on county public records data.

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