$1,400,000
8903 Ramsgate Avenue, Los Angeles CA 90045
Multi-Family (2 Units)
Property type
31 days
On market
$828
Price per sqft
N/A
Garage
1949
Year built
7,026 sqft
Lot size
Open Houses
Overview
This property presents an excellent development opportunity in a rapidly resurgent area of Westchester. Zoned LAR3 with TOC Tier 3, the asset offers significant potential in a growing submarket. There is also a unique opportunity to combine this listing with the adjacent property to the north, which is similar in size and also zoned LAR3 with TOC Tier 3. Future tenants will...
Listing provided by: Patricia Crockett DRE #01010547 310-641-3383, CCR Properties, Inc., Jacob Richmond DRE #02045891, CCR Properties, Inc.
Listing updated: May 13, 2026 at 07:18am.
Last checked: Jun 4, 2026 at 06:30am
Source: CRMLS #26829835
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 2 | 1 | — | $0 | $0 | $2,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Financial Snapshot
Gross Rent Multiplier
23.3x
List Price / Annual Gross Rent
Cap Rate
3.26%
NOI / List Price
Net Operating Income: $45,600
Interior
Cooling: None
Heating: Floor Furnace, Wall Furnace
Exterior
Stories Total: 1
Levels: One
Garage and Parking
Parking: Driveway
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Parcel #: 4125012008
Zoning: LAR3
Lot Size Dimensions: 56 x125
Lot Dimensions Source: Assessor
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 8903 Ramsgate Avenue, Los Angeles, CA 90045. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,120,000
Total Interest
$1,428,498
Total Payment
$2,548,498
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,687
per month
Property History for 8903 Ramsgate Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90045.
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