$1,495,000
For Sale

7021 Ramsgate Place

Los Angeles, CA 90045
3972 sqft | 7 beds | 0.15 acres | #25504277
Listing OfficeAdvantage Real Estate
Browse 7 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

This well-maintained, meticulously cared-for 6-unit building is located on a quiet, private street, offering the perfect balance of tranquility and convenience. Comprising one spacious 2-bedroom unit and five charming 1-bedroom units, this property presents a fantastic investment opportunity with strong rental potential and room for growth.The units are all equipped with beautiful hardwood floors, adding to their appeal while keeping maintenance costs low. With six off-street parking spaces, including four garages and two carport spots, parking is never an issue for tenants. Each unit has its own water heater, ensuring comfort and efficiency for residents while minimizing your management responsibilities.A convenient community laundry room provides additional revenue potential, and with tenants paying their own electricity and gas utilities, the property remains efficient and cost-effective. The location is ideal, with easy access to shopping and the 405 freeway, making it a highly desirable place for tenants to call home.This building offers significant upside in rent potential, making it an even more appealing option for any savvy investor. Whether you're looking for consistent cash flow or a property with long-term growth opportunities, this is the one you've been waiting for. Don't miss your chance to secure this exceptional investment!

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,559,000
      • MLS #25504277
      • MLS #25504277
      • Cost1495000
      • Acres0.1461
      • Sewer InformationOther
      • Square Feet3972
      • Year Built1953
      • Bedrooms7
      • Parking Spaces4

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
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