7056 Ramsgate Avenue

    Los Angeles (City), CA 90045
    • $1,399,000
    • STATUS: Active
    • ON SITE: 197 days
    • ID#: 18374702
    UPDATED: 44 min ago
    $1,399,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,430
      SQFT
    • $576
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1949
    County:

    School Ratings & Info

    Description

    We are proud to present 7056-7056 3/4 S Ramsgate, in the Westschester neighborhood of Los Angeles. This is a legal 4-plex, single house in front and triplex in back. Westchester is the chosen community that will service the new football arena in Inglewood. Lots of new construction making a high demand for housing for the millennial's. This property is a investor dream who is looking for a income property to house their cash that produce a cap rate of 5% or more with low maintenance overtime. The property has lots of upgrades such as: new roof, exterior paint, exterior gutters, security gate with remote controls, exterior wall, exterior patio area for tenants to entertain, gated exterior storage space, upgraded landscape, upgraded plumbing and electrical , each unit has single car garage with remotes, exterior laundry area that produces income. The owner unit has inside laundry area. The price is the lowest on the market, seller is motivated located a property. WONT LAST!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-24T00:38:15.897. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/86472775

    7056 Ramsgate Avenue Los Angeles (City), CA 90045

    • Price: $1,399,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 18374702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    2,430
    SQFT
    $576
    $/SQFT
    1949
    Built
    Neighborhood:
    C29 - Westchester
    County:
    Los Angeles
    Area:
    C29 - Westchester
    Property Description
    We are proud to present 7056-7056 3/4 S Ramsgate, in the Westschester neighborhood of Los Angeles. This is a legal 4-plex, single house in front and triplex in back. Westchester is the chosen community that will service the new football arena in Inglewood. Lots of new construction making a high demand for housing for the millennial's. This property is a investor dream who is looking for a income property to house their cash that produce a cap rate of 5% or more with low maintenance overtime. The property has lots of upgrades such as: new roof, exterior paint, exterior gutters, security gate with remote controls, exterior wall, exterior patio area for tenants to entertain, gated exterior storage space, upgraded landscape, upgraded plumbing and electrical , each unit has single car garage with remotes, exterior laundry area that produces income. The owner unit has inside laundry area. The price is the lowest on the market, seller is motivated located a property. WONT LAST!
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet Parking Features Garage - Three Door Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Cap Rate 5.76 Gross Multiplier 17.85 Gross Operating Income 84000.00 Improvements Amount 146933 Land Value 237412 Net Operating Income 79200.00 Special Listing Conditions Standard Total Expenses 4800.00 Zoning Lar3-1

    Listing provided courtesy of Ernestine Crews of Ernestine Crews


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-02-24T00:38:15.897. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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